Warren Buffett – one of the most successful and talented investors in the world was born in Princeton, August 30, 1930, having received over time, primarily for the ability to anticipate the movement of the market, which determines the nickname “the oracle of Omaha.”
Biography
At a young age, the future billionaire, whose father became a congressman at the time Warren was 12, sold gum and golf balls, as well as magazines.
Enrolling at the Wharton School of Business in 1947, after a while Buffett preferred the University of Nebraska, and in 1951 he graduated from Columbia University with a master’s degree in economics.
Business
In 1956, Buffett founds Buffet Partnership Ltd, and some time later acquires the company Berkshire Hathaway, specializing in the production of textiles .
In 1961, Buffett becomes a millionaire, having overcome the path to a billionaire by 1990. Berkshire, which eventually became one of the world’s leading investment companies, owns dozens of corporations, including Duracell, and also holds a significant stake in Apple.
Buffett is especially popular in the annual letters sent by the owner of the company to the shareholders of Berkshire Hathaway, primarily due to the fact that in these messages he personally explains the deals made during the year, and also gives forecasts for further developments in the market. Every year, Buffett organized a kind of “Woodstock for the Capitalists” in Omaha, as the meeting of the company’s shareholders came to be called.
Charity
Becoming one of the initiators of the Giving Pledge, Buffett promised to donate 99% of his fortune to charity, and most of it directly to the foundation of Gates and his wife Melinda. Currently, the total amount of donations is more than 41 billion dollars.
Private life
In 1952, Buffett married Susan Thompson, whose father, being the dean of the University of Nebraska, carried out the election campaign of Warren’s father.
As a member of the board of directors of Berkshire Hathaway, Susan was the owner of the second largest shareholding. Susan died in 2004, and two years later, Warren, who has three children from his first marriage, remarried to Astrid Menks. Buffett’s closest friends include Bill Gates, with whom they often play bridge.
Interesting facts
The billionaire eats in a fast food chain, and he liked it so much that he decided to become its owner. Once a year, Buffett goes to breakfast with someone who was lucky enough to purchase such a right at an auction, and in 2012, such a privilege cost the winner of the auction $ 3.5 million. Buffett explains the secret of his longevity by the fact that he consumes Coca-Cola every day, in the amount of five cans, which allows him to maintain himself in excellent shape.
An interesting fact is that the billionaire is an ardent opponent of bitcoin, arguing that this cryptocurrency does not produce anything and is a kind of seashell that should not be considered as an investment.
According to Buffett, people will continue to create tokens, which can be described as nothing more than a kind of tool used by gamblers.
State
According to the Forbes rating, updated in real time, Buffett’s net worth reaches $100.3 billion, which allows the head of Berkshire Hathaway to enter the TOP-5 of the richest people in the world, whose fortune exceeds $100 billion. In addition to Buffett, as of March 2021, the list includes Jeff Bezos (Amazon), Bernard Arnault (Dior), Elon Musk, Bill Gates.
