Warren Buffett net worth
Current Net Worth – $110 Billion (USD – 11,000 Crores), (Rupees – 8.53 Lakhs Crores)
Warren Buffett short biography
Net Worth | $110 Billion |
---|---|
Born | August 30, 1930 (Age – 91) |
Identified as | Chairman and CEO of Berkshire Hathaway |
Status | Business Magnate, Investor, and Philanthropist |
Education | Columbia University, Master of Science; University of Nebraska Lincoln, Bachelor of Arts/Science |
Nationality | United States |
Residence | Omaha, Nebraska |
Spousal status | Widowed, Remarried (Susan Thompson (m. 1952; died 2004) & Astrid Menks (m. 2006) |
Children | 3 (Susan Alice Buffett, Howard Graham Buffett & Peter Buffett) |
Warren Edward Buffett has a net worth of $110 Billion (Rupees – 8,53,715 Crores), making him one of the top 10 richest men in the world.
He is a business entrepreneur, investor, and philanthropist from the United States.
Buffett is the CEO and chairman of Berkshire Hathaway, a conglomerate that controls more than 50 businesses.
He is regarded as one of the world’s most successful investors.
Amazing Fact
Warren Buffett and Bill Gates developed the Giving Pledge in 2010, which asked billionaires to pledge to donate at least half of their wealth to philanthropic organizations.
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Warren Buffett biography
Full Name | Warren Edward Buffett |
Birthplace | Omaha, Nebraska, U.S. |
Height | 5.8 feet, 173 cm |
Weight | 83 Kg |
Father | Howard Buffett |
Mother | Leila Stahl Buffett |
Warren Buffett was born on August 30, 1930, in Omaha, Nebraska, to Leila and Congressman Howard Buffett.
He was the second of three children and the only son of the couple.
In 1942, his father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, D.C.
Buffett was diagnosed with stage I prostate cancer following a regular exam on April 11, 2012. In mid-July, he revealed that he will begin two months of daily radiation treatment.
Warren Buffett dubbed the “Oracle of Omaha,” is one of the world’s most successful investors.
He had gone live and was informed by his tweet
His social media handle:
Join me on Saturday at 10a ET for the first ever #BRKLiveStream on @YahooFinance https://t.co/u2wsogF7zn pic.twitter.com/RPKqhniVTD
— Warren Buffett (@WarrenBuffett) April 29, 2016
Education
Rose Hill Elementary School was where he began his studies.
Warren finished elementary school, attended Alice Deal Junior High School, and graduated from Woodrow Wilson High School in 1947.
He enrolled in the University of Pennsylvania’s Wharton School in 1947.
He would have liked to concentrate on his company, but his father insisted on enrolling him.
Career
At a young age, Buffett showed an interest in business and investment. At the age of 7, he was inspired by a book called One Thousand Ways to Make $1000, which he acquired from the Omaha public library.
Buffett and a buddy paid $25 on a secondhand pinball machine in a local barbershop when they were high school sophomores in 1945.
They had several devices in three separate barbershops around Omaha within a few months. Later that year, they sold the company to a military veteran for $1,200.
His interest in the stock market and investing dates back to his childhood, when he used to hang out in the customers’ lounge of a regional stock brokerage near his father’s workplace.
He made a point of visiting the New York Stock Exchange on a vacation to New York City when he was 10 years old.
He made more than $175 per month distributing Washington Post newspapers when he was 15 years old.
He spotted Graham on the board of GEICO insurance in 1951. On a Saturday, he took the train to Washington, D.C., and pounded on the door of GEICO’s headquarters until a custodian let him in.
Buffett had three partnerships in 1957. He paid $31,500 for a five-bedroom stucco house in Omaha, where he currently resides.
Buffett became a millionaire in 1962 as a result of his partnerships, which had a total value of $7,178,500 in January 1962, with Buffett owning roughly $1,025,000 of it.
Berkshire began buying equity in the Washington Post Company in 1973. Buffett became good friends with Katharine Graham, the company’s president, and publisher.
On March 18, 1985, Capital Cities announced a $3.5 billion purchase of ABC.
Warren began purchasing shares in The Coca-Cola Business in 1988, eventually owning up to 7% of the company for $1.02 billion.
It would prove to be one of Berkshire’s most profitable ventures and one that the company still owns today.
Buffett earned $2 billion by investing his $11 billion in forwarding contracts to deliver US currency against foreign currencies in 2002.
Buffett surpassed Bill Gates as the world’s richest person in 2008, with a total net worth estimated at $62 billion by Forbes.
Berkshire Hathaway’s stock hit $200,000 per share for the first time on August 14, 2014, valuing the firm at $328 billion.
His company’s social media handles:
Private & early life
Buffett was smitten by a young woman whose boyfriend played the ukulele in 1949. He bought one of the instruments in order to compete.
Despite the failure of the endeavor, his passion for music had an important role in his meeting Susan Thompson and eventually leading to their marriage.
Dave Talsma was commissioned to make two unique Dairy Queen ukuleles for him, one of which was auctioned off for charity.
In 1952, Buffett married Susan Buffett. Susie, Howard, and Peter were their three children. Although Susan Buffett died in July 2004, the couple began living apart in 1977.
He is an enthusiastic bridge player who reputedly spends 12 hours a week playing the game with fellow aficionado Gates.
Buffett married his longtime partner, Astrid Menks, who was 60 years old at the time, on his 76th birthday in 2006.
He is the chairman of Berkshire Hathaway’s annual shareholder meeting, which takes place in the Qwest Center in Omaha, Nebraska, and attracts approximately 20,000 people from all over the world.
Philanthropy
- Warren raised money for Girls, Inc. by auctioning his 2001 Lincoln Town Car on eBay in 2006.
- In 2007, he held an auction for a luncheon with himself, raising $650,100 for the Glide Foundation.
- After donating billions of dollars to charity, Buffett was rated as the second richest man in the United States in 2009, with a net worth of $37 billion.
Books about Warren Buffett
- Robert Hagstrom, The Warren Buffett Way
- The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder and Buffett, Making of an American Capitalist, by Roger Lowenstein
- The Warren Buffett Way, by Robert G. Hagstrom
- Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street, by Janet Tavakoli
- The Essays of Warren Buffett: Lessons for Corporate America, by Warren Buffett & Lawrence Cunningham
- The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers, by Robert P. Miles
Net worth statistics
- October 2016 – $65.5 B
- March 2017 – $75.6 B
- October 2017 – $78.0 B
- March 2018 – $84.0 B
- October 2018 – $88.3 B
- March 2019 – $82.5 B
- October 2019 – $80.8 B
- April 2020 – $67.5 B
- September 2020 – $73.5 B
- April 2021 – $96.0 B
- April 2022 – $118 B