Warren Buffett is a businessman and investor. He is often considered the fourth richest individual in the world. He is the chairman and CEO of Berkshire Hathaway.
Fast facts
| Real name | Warren Buffett |
| Nickname | Warren |
| date of birth | September 30, 1930 |
| Age | 92 years old |
| Birth place | Omaha, Nebraska |
| Nationality | American |
| Profession | Business personality, investor |
| Height | 5 feet 10 inches |
| Weight | 83 kg |
| Hair color | Gray |
| Eye color | Blue |
| Netto value | 71.5 billion dollars |
The Age and Early Life of Warren Buffett
Warren Buffett was born on August 30, 1930 in Omaha, Nebraska. Lt. Howard Buffett, his father, is a businessman and politician. His mother, Leila Stahl Buffett, also came from the Stahl family. He is the younger brother of Doris Buffett and Roberta Buffett Elliott. They are of French-German origin. His sisters are also benefactors. Growing up in a business household gave him a good knowledge of business and investment. He was inspired by the book One Thousand Ways to Make $1000 when he was seven years old.
He then began investing in door-to-door services such as chewing gum, Coca-Cola, and weeklies. Later he also worked for his grandfather’s grocery store. During his school days, he became interested in markets. He gave him and his sister Doris three shares in Cities Service when he was 11 years old. He then started investing in a farm and property.
He finished elementary school at Alice Deal High School. He then graduated from Woodrow Wilson High School. He graduated from the University of Nebraska with a bachelor’s degree in business administration with honors. He later attended Columbia Business School at Columbia University and earned a master’s degree in economics.
Warren Buffett’s height and weight
Warren Buffett has gray hair and blue eyes. He is 5 feet 10 inches tall and weighs 83 kg.
Warren Buffett Net Worth
How much is Warren Buffett’s net worth? As a businessman, he has amassed a net worth of $71.5 billion as of August 2023, making him the fourth richest person in the world. Forbes named him the richest person in the world in 2008, with a net worth of $62 billion. His commercial activities and collaborations also contribute to his net worth. His compensation as CEO of Berkshire Hathaway has not been disclosed. However, his starting fee as a Benjamin Graham partner was about $12,000 a year, which compares to $114,000 today.
Career
In 1951, Warren Buffett began working as an investment salesman for Buffett-Falk & Co, where he remained for three years until 1954. In the meantime, he worked as a stockbroker. After that, in 1954, he joined the partnership of Benjamin Graham which lasted for two years and included three commercial projects. Within three years, the collaborations grew to six. In 1962, he merged his entire partnership into one and began buying shares in the textile corporation, Berkshire Hathaway, eventually taking over the company.
Later he started investing in companies like Hochschild, Kohn and Co, Washington Post Company, Buffalo Evening News and many others. But in 1988, he bought 7% of Coca-Cola for $1.02 billion, which turned out to be one of the most profitable purchases. Later, in 1990, he became a millionaire by selling Class A shares of Berkshire Hathaway for $7.1 thousand per share. He donated 85% of his Berkshire holdings to five organizations in 2006.
Since then, he has invested in companies such as General Electric, Goldman Sachs, Dow Chemical, Swiss Re, Burlington Northern Santa Fe Corp and many others. He is also a philanthropist, supporting institutions such as the Sherwood Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation. In addition to being a businessman, he is the author of publications such as The Essays of Warren Buffett from 1997 and Berkshire Hathaway Letters to shareholders from 2012.
Warren Buffett’s Wife and Marriage
Who is Warren Buffett’s wife? Astrid Menks is Warren Buffett’s wife. The wedding took place on August 30, 2006, and the event remained quite modest. In 2018, he celebrated his 88th birthday on the same day, as well as his 12th wedding anniversary.
He was previously married to Susan Buffett. They were married in Dundee Presbyterian Church in 1952. They have three children: a daughter Susan Alice (born 1953) and two boys, Howard Graham Buffett (born December 16, 1954) and Peter Buffett (born March 4, 1958). He also has two grandchildren, Howard Warren Buffett (via Howard Graham Buffett) and Nicole Buffett (via Peter Buffett).
Categories: Biography
Source: HIS Education