Full name: Warren Edward Buffett
Born: August 30, 1930
Education: Columbia University
Occupation: Chairman & CEO of Berkshire Hathaway
Years active: 1951–present
Net worth: $75.6 billion
Marital Status: Widowed, Remarried
Religion: None (Agnostic)
Warren Edward Buffett is an American business magnate, philanthropist and the most successful investor of the 20th century. He was named as the world’s wealthiest person in 2008 and also an influential person in the world. He started his mission with share business.
Warren Buffet Early Life:
Warren Buffet was born on August 30, 1930, in Omaha, Nebraska to the father, Howard was a stockbroker and mother, Leila Stahl Buffet was a homemaker. The buffet was the only boy and the second of three children. In 1942, Buffet’s family moved to Fredricksburg, Virginia, where he attended Woodrow Wilson High School in Washington, D.C. then Buffett enrolled at the University of Pennsylvania at the age of 16 in order to study business. In 1956, Buffett attended Columbia University for his advanced degree.
From his early childhood, Buffet started investment in various fields and only at the age of 11 made his first investment in the share market. For the first time, Buffet bought three shares at $38 per share but share price rapidly dropped to only $27 however, Buffet holds patience until the price reached $40. He sold his shares with a small profit and got a reward of patience.
By the age of 13, he launched his own business as a paperboy and selling his own horseracing tip sheet. As a continuous process of making money Buffet and a friend purchased a used pinball machine for $25 and installed it in a Washington D.C. barbershop while he studying at Woodrow Wilson High School. With the profit of business Buffet owned three machines before selling the business for $1200. When he finished his college education Buffet earned $10,000 from his childhood business. After his graduation, he formed a firm Buffet Partnership in his hometown and his investment always been successful.
In 1952, Buffett married Susan Buffett and they had three children, Susie, Howard, and Peter. From 1977, the couple began living separately, although they stayed married until her death in July 2004.
Forbes Magazine ranked Warren Buffet as the richest person in 2008 with an estimated net worth of $75.6 billion. Buffet ranked as the second richest man in the United State after his donating billions of dollars to charity after Bill Gates.