And Jim Simons, the legendary founder of Renaissance Technology, is not the only billionaire loading up on Apple stock in anticipation of a once-in-a-decade iPhone opportunity.

Business Insider reports that the billionaire founder of Chewy's has invested "nearly all of his wealth" in Apple and just one other stock.

And now, Warren Buffett, the world's greatest investor, has gobbled up over $91 billion worth Apple stock—that means Buffett is now betting over 40% of his portfolio on Apple.

These are just a few of the billionaires piling into Apple before the release of the new iPhone.

Because Apple analysts are predicting the new iPhone will unleash a "supercycle" that drives potentially record-breaking sales—over 230 million iPhones by some estimates.

That's more than 50x more sales than the original iPhone!

See, for the first time ever, Apple will release an iPhone that is 5G ready.