Warren Buffett is a businessman and investor. He is often regarded as the world’s fourth richest individual.
He is Berkshire Hathaway’s chairman and CEO.
Quick Facts
Real Name | Warren Buffett |
Nick Name | Warren |
Date Of Birth | September 30, 1930 |
Age | 93 years old |
Birthplace | Omaha, Nebraska |
Nationality | American |
Profession | Business Personality, Investor |
Height | 5 feet 10 inches |
Weight | 83 kg |
Hair Color | Grey |
Eye color | Blue |
Net Worth | $71.5 Billion |
Warren Buffett’s Age & 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 business 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 began investing in door-to-door services such as chewing gum, Coca-Cola, and Weekly magazines. Later, he also worked for his grandfather’s grocery store. He became interested in the markets throughout his school days. He gave him and his sister, Doris, three shares in Cities Service when he was 11 years old. He then began investing in the farm and property.
Alice Deal Junior High School was where he finished his primary schooling. He went on to graduate from Woodrow Wilson High School. He went on to receive his bachelor’s degree in business administration with honors from the University of Nebraska. Later, he attended Columbia University’s Columbia Business School and received a Master’s degree in Economics.
Warren Buffett Height & Weight
Warren Buffett has grey 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 February 2024, making him the world’s fourth wealthiest person. Forbes labeled him the world’s wealthiest person in 2008, with a net worth of $62 billion. His commercial pursuits and collaborations also contribute to his net worth. His compensation as CEO of Berkshire Hathaway is not disclosed. His initial compensation as a partner of Benjamin Graham, however, was in the neighborhood of $12k per year, which is comparable to $114k today.
Career
In 1951, Warren Buffett began working as an investment salesperson for Buffett-Falk & Co, where he stayed for three years until 1954. In the meanwhile, he worked as a stockbroker. After that, 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 whole partnership into one and began purchasing holdings in the textile manufacturing corporation, Berkshire Hathaway, ultimately taking over the company.
Later on, he began investing in companies such as Hochschild, Kohn, and Co, Washington Post Company, Buffalo Evening News, and many more. However, in 1988, he purchased 7% of Coca-Cola for $1.02 billion, which proved to be one of the most profitable purchases. Later, in 1990, he became a millionaire by selling Berkshire Hathaway class A shares for $7.1k per share. He donated 85% of his Berkshire assets to five organizations in 2006.
Since then, he has made investments 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 1997’s The Essays of Warren Buffett and 2012’s Berkshire Hathaway Letters to shareholders.
Warren Buffett Wife & Marriage
Who is Warren Buffett’s wife? Astrid Menks is Warren Buffett’s wife. The wedding took place on August 30, 2006, with the event remaining rather low-key. In 2018, he celebrated his 88th birthday as well as his 12th wedding anniversary on the same day.
He was formerly married to Susan Buffett. They married at the Dundee Presbyterian Church in 1952. 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 grandkids, Howard Warren Buffett (via Howard Graham Buffett) and Nicole Buffett (through Peter Buffett).