Warren Buffett is a businessman and investor. He is often regarded as the fourth richest person in the world.
He is the chairman and CEO of Berkshire Hathaway.
|Real name||Warren Buffett|
|Date of birth||September 30, 1930|
|Age||92 years old|
|Profession||Business personality, investor|
|Height||5 feet 10 inches|
|Net value||$71.5 billion|
Warren Buffett’s Age and Early Life
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, was also descended from the Stahl family. He is the younger brother of Doris Buffett and Roberta Buffett Elliott. They are of French-Germanic descent. His sisters are also philanthropists. Growing up in a corporate household gave him a good knowledge of business and investing. He was inspired by the book One Thousand Ways to Make $1000 when he was seven years old.
He then started investing in door-to-door services such as chewing gum, Coca-Cola and weeklies. He later also worked for his grandfather’s grocery store. During his school days he became interested in the markets. He gave him and his sister, Doris, three shares of Cities Service when he was 11 years old. He then started investing in the farm and real estate.
Alice Deal Junior High School was where he completed his primary education. He graduated from Woodrow Wilson High School. He then received his bachelor’s degree in business administration from the University of Nebraska with honors. He later attended Columbia University’s Columbia Business School and earned a master’s degree in economics.
Warren Buffett Height and Weight
Warren Buffett has gray hair and blue eyes. He is 5 feet 10 inches tall and weighs 83 kg.
Warren Buffett’s 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 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 pursuits and collaborations also add to his net worth. His compensation as CEO of Berkshire Hathaway is not being disclosed. However, his initial compensation as a partner of Benjamin Graham was close to $12,000 a year, which compares to $114,000 today.
In 1951, Warren Buffett began working as an investment salesman for Buffett-Falk & Co, where he remained for three years until 1954. Meanwhile, he worked as a stockbroker. Then, in 1954, he joined Benjamin Graham’s partnership, which lasted two years and included three commercial projects. Within three years, the collaborations had grown to six. In 1962, he combined his entire partnership into one and began buying stakes in the Berkshire Hathaway textile manufacturing company, eventually taking over the company.
He later started investing in companies such as Hochschild, Kohn and Co, Washington Post Company, Buffalo Evening News and many more. However, 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 $7.1k per share. He donated 85% of his Berkshire wealth 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 more. 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 authored publications such as The Essays of Warren Buffett from 1997 and Berkshire Hathaway Letters to Shareholders from 2012.
Warren Buffett Wife and Marriage
Who is Warren Buffett’s wife? Astrid Menks is the wife of Warren Buffett. The wedding took place on August 30, 2006, and the event remained rather low-key. In 2018, he celebrated his 88th birthday and his 12th wedding anniversary on the same day.
He was previously married to Susan Buffett. They were married in 1952 at Dundee Presbyterian Church. The marriage has 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 (through Howard Graham Buffett) and Nicole Buffett (through Peter Buffett).