- Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time.
- Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
- The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.
- He’s promised to give away over 99% of his fortune. In 2018 he donated $3.4 billion, much of it to the foundation of friends Bill and Melinda Gates.
- In 2010, he and Gates launched the Giving Pledge, asking billionaires to commit to donating half their wealth to charitable causes.
AGE : 88
SOURCE OF WEALTH : Berkshire Hathaway, Self Made
LIFETIME GIVING : $35.1B
GIVING AS A PERCENTAGE OF NET WORTH : 28%
RESIDENCE : Omaha, Nebraska
CITIZENSHIP : United States
MARITAL STATUS : Widowed, Remarried
CHILDREN : 3
EDUCATION : Bachelor of Arts/Science, University of Nebraska Lincoln; Master of Science, Columbia University
Buffett still lives in the same Omaha, Nebraska home he purchased in 1958 for $31,500.
The babies being born in America today are the luckiest crop in history… For 240 years it’s been a terrible mistake to bet against America, and now is no time to start.
Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$84.9 billion as of February 12, 2019, making him the third-wealthiest person in the world.
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970 and he has been referred to as the “Wizard”, “Oracle”, or “Sage” of Omaha by global media outlets. He is noted for his adherence to value investing and for his personal frugality despite his immense wealth. Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He founded The Giving Pledge in 2009 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.
Buffett married Susan Buffett (Thompson) in 1952. They had three children, Susie, Howard and Peter. The couple began living separately in 1977, although they remained married until Susan Buffett’s death in July 2004. Their daughter, Susie, lives in Omaha, is a national board member of Girls, Inc., and does charitable work through the Susan A. Buffett Foundation.
In 2006, on his 76th birthday, Buffett married his longtime companion, Astrid Menks, who was then 60 years old—she had lived with him since his wife’s departure to San Francisco in 1977.
Located in a quiet neighborhood of Omaha, Nebraska lies the homeof billionaire Warren Buffett. He bought the house for $31,500 in 1958 or about $250,000 in today’s dollars. It’s now worth an estimated $652,619. He calls it the “third-best investment he’s ever made.”
What is Warren Buffett known for?
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970, and he has been referred to as the “Wizard”, “Oracle”, or “Sage” of Omaha by global media outlets. He is noted for his adherence to value investing and for his personal frugality despite his immense wealth.
What does Berkshire Hathaway actually do?
Berkshire Hathaway is a holding company for a multitude of businesses, run by its famous Chairman and CEO, Warren Buffett. … When Buffett became the controlling shareholder in the mid-1960s, he began a progressive strategy of diverting cash flows from the core business into other investments.
What kind of car does Warren Buffett drive?
The CEO of Berkshire Hathaway is well-known for his frugal quirks. He never spends more than $3.17 on breakfast, and he lives in the same house he bought for $31,500 in 1958 (or $260,000 in today’s dollars). In 2014, he reportedly bought a Cadillac XTS, a car with a retail price of around $45,000.
Does Warren Buffet have kids?
Warren Buffet has three children : Howard Graham Buffett (Son); Susan Alice Buffett (Daughter); Peter Buffett (Son).
What is the most expensive stock in the world?
The most expensive publicly traded stock of all time is Warren Buffett’s Berkshire Hathaway (BRK.A), which is trading at $305,500 per share, as of Oct. 23, 2018).
How much does Warren Buffett earn?
That means Buffett makes less than twice as much as his typical employee. According to Marketwatch, Buffett earns no other compensation or bonus. However he does currently own 283,000 shares of Berkshire Hathaway Class A stock, which closed at $310,630 on Friday. It makes up the bulk of his nearly $88 billion fortune.