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Later, in the third and last presidential debate, Obama talked about Buffett as a possible financial advisor. Buffett was also a financial advisor to Republican candidate Arnold Schwarzenegger through the 2003 California gubernatorial election. In 2018, after making virtually $3.four billion donations, Buffett was ranked 3rd in the Forbes’ List of Billionaire 2018. Buffett has written several times of his belief that, in a market economic system, the rich earn outsized rewards for his or her skills.

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