Chairman and CEO of Berkshire Hathaway Warren Buffet has started a Twitter (@WarrenBuffet), and is accumulating more followers faster than he makes money.
Buffet, 82, from Omaha, Nebraska, joined the service on Thursday and made his first tweet: "Warren is in the house."
He then began picking up 1,000 followers a minute. After 45 minutes, he had 45,000 followers.
Though the account has not been verified through Twitter, Fortune magazine confirmed it after he made an appearance on a live webcast that day. It is the first time the billionaire has ever made a social media presence.
Comparing his followers to dollars, he seems to have better luck with Twitter. When Buffet made his best investment ever, with a 2008 stake in Goldman Sachs Group Inc., he made $900 a minute. On the social media site, he is gathering 1,000 followers a minute.
He joins many other entrepreneurs, billionaires and presidents on Twitter, with recent users being News Corp CEO Rupert Murdoch and former U.S. President Bill Clinton.