Last Updated: 14 Oct, 2023 | Views: 745
Age: 94
Profession: Business Men
Other Profession(s): Philanthropist, Entrepreneur, Investor
Famous For: Chairman and CEO of Berkshire Hathaway
Higher Education: Master of Science in economics
Net Worth: $109 billion
About (Profile/Biography):
Warren Edward Buffet is an investor, philanthropist, and business tycoon. The current president and CEO of Berkshire Hathaway. As of September 2022, he’s the seventh richest person in the world and a leader in investing with total wealth over billion. During 1956, he founded Buffett Partnership Ltd., a company that bought then shut down the Berkshire Hathaway textile manufacturing company and used its name to form a multinational holding company. It wasn’t until 1978 when Munger Charlie became his vice-chairman.
Career:
In 1951: Graham's membership on the GEICO insurance board was uncovered by Buffett. He rode the train to Washington, D.C., where he pounded on the door of the GEICO corporate office until a custodian let him in.
In 1957: Buffett was a partner in three companies. In Omaha, where he lives, he purchased a five-bedroom stucco home for $31,500.
In 1961: Buffett disclosed that the Sanborn Map Company accounted for 35% of the partnership's assets.
In 2008: According to Forbes, Buffett has a net worth of $62 billion; Yahoo estimates that it is $58 billion, surpassing Bill Gates, who held the top spot for 13 consecutive years.
In 2009: Buffett contributed $2.6 billion to Swiss Re's effort to secure equity funding.
Achievements and Awards:
In 2011: Barack Obama presented Warren Buffett with the Presidential Medal of Freedom.
Unknown Facts:
Buffett has his breakfast at McDonald's every morning. An investor of Buffet's stature would be expected to be concerned about his eating habits, but Buffett doesn't miss it.
He owns shares of Coco Cola since 1988, when he originally purchased them for $3.25 each.