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Article updated: 2/17/2013 8:26 AM

World’s richest man loses $4 billion as Buffett buys Heinz

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A sign advertises HJ Heinz Co. ketchup at the top of the Heinz History Center in Pittsburgh, Pennsylvania, U.S., on Thursday, Feb. 14, 2013. Warren Buffettís Berkshire Hathaway Inc. and Jorge Paulo Lemannís 3G Capital agreed to buy HJ Heinz Co. for about $23 billion, ending the independence of an iconic ketchup maker that traces its roots to the 1860s.

Associated Press

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The 100 wealthiest people on the planet added $380 million to their collective net worth after the Standard & Poor’s 500 Index reached its highest level since October 2007 this week.