Warren Buffett

Warren Buffett: Biography in Details

Who is Warren Buffett?

Warren Buffett is an investor and business tycoon. He is renowned as the fourth wealthiest person in the world.

He is the chairperson and CEO of Berkshire Hathaway.

How old is Warren Buffett?

Warren Buffett was born as Warren Edward Buffett on the 30th of August 1930 in Omaha, Nebraska.

His father, Lt. Howard Buffett was is a businessman and politician. Also, his mother, Leila Stahl Buffett came from the Stahl family.

He is the second among his sisters, Doris Buffett and Roberta Buffett Elliott. They are of French-Germanic ethnicity. Both of his sisters are philanthropists.

Early Life & Education

Growing up in the business class family, he developed a keen sense of business and investment. When he was seven, he was inspired by the book, One Thousand Ways To Make $1000.

Moving forward, Warren Buffett started investing in door-to-door services like chewing gum, Coca-Cola, and Weekly magazines. Later, he also worked for his grocery shop of his grandfather.

During the school days, he got interested in the stock markets. When he was 11, he brought three shares of Cities Service to him and his sister, Doris. After that, he started investing in the farm and land.

He completed his elementary education from Alice Deal Junior High School. Later, he graduated from Woodrow Wilson High School. Moving forward, he earned his bachelor’s degree from the University of Nebraska with Honors in Business Administration.

Later, Warren Buffett joined Columbia Business School of Columbia University and earned the Master’s degree majoring in Economics.

Warren Buffett- Professional Life, Career

– In 1951, Warren Buffett became an investment salesman for Buffett-Falk & Co and worked for the company for 3 years till 1954. In between, he also worked as a stockbroker.

– After that, in 1954, he became a partner of Benjamin Graham and wrapped his partnership after 2 years and partnered three business ventures. Within three years, the partnerships grew to six partnerships.

– In 1962, he merged his all partnership in one and starting buying the stakes of the textile manufacturing firm, Berkshire Hathaway, and eventually took over the company.

– Moving forward, he started investing in the business firm like Hochschild, Kohn and Co and Washington Post Company, Buffalo Evening News, and many more. However, in 1988, he brought 7% stock of Coca-Cola worth $1.02 billion that turned out to be one of the most productive investments.

– Later, in 1990, he became a billionaire by selling class A shares of Berkshire Hathaway at the rate of $7.1k per share. In 2006, he gave away 85% of his Berkshire holdings to five foundations.

– After that, he has invested in other business ventures like General Electric, Goldman Sachs, Dow Chemical, Swiss Re, Burlington Northern Santa Fe Corp, and many more.

– Apart from that, Warren Buffett is also active as a Philanthropist and supports the foundations like Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.

– Besides being a businessman, he also wrote books like 1997- The Essays of Warren Buffett and 2012- Berkshire Hathaway letters to shareholders. 

Warren Buffett: Net Worth, Salary

As a business personality, he has made a net worth of $71.5 billion as of 2023, making him the fourth richest person in the world.

In 2008, Forbes named him as the richest person in the world with a net worth of $62 billion. His net worth is attributed to his business ventures and partnerships too.

His salary details as the CEO of Berkshire Hathaway are not available. However, his first salary as a partner of Benjamin Graham was in the range of $12k per year that is equivalent to $114k in the present date.

Is Warren Buffett involved in any rumors and controversies?

As of now, Warren Buffett has not been through any type of controversy that created headlines.

However, being one of the top business personalities of the world, he often created headlines due to his business policies and strategies.

Recently, he at the annual meeting of Berkshire Hathaway, he responded to the COVID-19 pandemic situation stating that COVID-19 will neither stop American nor Berkshire Hathaway.

In the event the also recalled the financial crisis that took place history. That includes 1978 when the American stock market went down by 22% in a single date and 1914 when the stock market was closed for a month.

Body Measurements: Height, Weight

Warren Buffett has blue eyes with light hair. He stands at a height of 5 feet 10 inches and a weight of 83 kg.

Social Media

Warren Buffett is active on Twitter with the handle, @WarrenBuffett with over 1.6 million followers since April 2013. He is not active on Instagram and Facebook.

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Warren Buffett's Anniversary Dates

Warren Buffett's Birthday Dates