Who Is Warren Buffett?
Warren Buffett is a famous American businessman who is the 4th richest man in the entire world. He is the CEO and leading shareholder of Berkshire Hathaway. He owns various companies of consumable goods, merchandise, coal mines, and renewal energy firm shares. To top these all off, he has committed himself to “The Giving Pledge.”
- Celebrity Name: Warren Buffett
- Full Name: Warren Edward Buffett
- Gender: Male
- Birth Date: August 30, 1930
- Birth Place: Omaha, Nebraska, US
- Age: 89
- Height: 1.78 m
- Weight: 83 kilos
- Nationality: American
- Sexual Orientation: Straight
- Status: Married
- Wife: Susan Buffett, married 1952-2004; Astrid Menks, married since 2006
- Children: Peter Buffett, Howard Graham Buffett, Alice Buffett
- Profession: American philanthropist, investor, and business magnate
- Net Worth: $90 billion
Warren Edward Buffett was born on August 30, 1930, in Nebraska, to parents Howard Buffett and Stahl Buffett. He was raised in a wealthy family. He finished high school in Woodrow Wilson High School and Wharton School of the University of Pennsylvania. Later on, he went to the University of Nebraska to finish his degree in Bachelor of Science in Business Administration. He also attended Columbia Business School to complete his Master of Science in Economics.
When he was only seven, he became interested in business and investment after reading the book, “One Thousand Ways to Make $1,000.”
He spent most of his younger years as an entrepreneur, selling chewing gum, candy, and door-to-door magazines. As he was growing, he became more and more familiar with stock brokerage, which he then began investing in.
In his life, Warren Buffett was married twice. His first marriage was to Susan Thompson in 1952. Sadly, she died in 2004. They have three children together – Howard Graham Buffett, Susan Alice Buffett, and Peter Buffett. His second marriage was in 2006 to Astrid Menks. Warren also has a grandson, Howard Warren Buffett.
Warren’s professional journey began in 1951. During this time, he worked with Buffet-Falk and Co. for three years. In 1956, he began the Buffett Partnership, Ltd. and in 1965, he started taking charge of Berkshire Hathaway. In 1970, he was promoted as the chairman and CEO of Berkshire Hathaway, Inc. He also continued to invest in the stock market and at the same time, was a stockbroker. With this experience, he had gained significant knowledge in the market for stock exchange.
Known as the “Oracle of Omaha,” Warren Buffett officially became a billionaire in 1962. Through the investments he made for the company, he took charge of Berkshire Hathaway. In 1990, his fortune skyrocketed when his enterprise began selling “A” class shares. He was considered the wealthiest person in 2008.
Buffett owns many brands, such as Dairy Queen, See’s Candies, NetJets, Heinz, The Pampered Chef, Nebraska Furniture Mart, Geico, Broheims Fine Jewelry and Gifts, Benjamin Moore, and Fruit of the Loom.
He also shares his fortune with underprivileged people by providing them opportunities to grow and succeed. He signed the “Giving Pledge” in 2010, which promises made by billionaires across the globe to donate half of their wealth to charity.
Awards and Achievements
Warren may not have earned any awards in his career, but he surely made a lot of achievements. He had made a lot of success in his investments and businesses and most importantly, his commitment to helping the poor. He did receive a medal though, the prominent “Presidential Medal of Freedom.”
Total Net Worth 2020
To date, the total net worth of Warren Buffett is more than $90 billion. His wealth came from his many investments, businesses, and other projects. The best thing about him is that the multi-millions he earns every year are shared with underprivileged people to give them a chance of a better life.