Warren Buffett Biography
Warren Buffett Biography – One of the world’s richest men, whom the world’s richest man Bill Gates considers his best friend and inspirational. A boy from a simple family who teaches the world that more than being the richest, it matters whether you can be the kindest or not. Such a successful person around whom the entire world economy revolves.
Despite earning billions of dollars, whose examples of honesty and professionalism are given. We are talking about Warren Buffett (Warren Edward Buffett Biography), the owner of Berkshire Hathaway here.
Warren Buffett Introduction
|Life Introduction Point||Warren Buffett Biography|
|Full Name||Warren Edward Buffett|
|Nickname||Oracle of Omaha|
|Date of birth||30 August 1930|
|Place of Birth||Nebraska, Omaha, S. Ra. America|
|Wife||Susan Thompson, Astrid Menks|
|Children||Alice Howard and Peter|
Who is Warren Buffett?
Warren Buffett is considered the owner of Berkshire Hathaway and one of the best investors in the stock market.
According to the ranking released by Forbes magazine, he is one of the richest people in the world and according to the list released in 2008, his net worth is more than 62 billion US dollars.
Warren Buffett was born on August 30, 1930 in the Nebraska town of Omaha. Due to being from Omaha, he is also called the Devani of Omaha or the Oracle of Omaha. Warren’s father’s name was Howard Buffett and mother’s name was Leela Stoll.
His father also worked as an investor and advisor in the stock market, so it would not be wrong to say that Warren had inherited the art of investing.
Following the footsteps of his father, he also decided to find his future in the stock market. He completed his schooling from Woodrow Wilson High School in Washington DC.
After taking his degree from the Wharton School of the University of Pennsylvania, he studied management at the Columbia School of Management.
Even today, he lives in his small house in Omaha, which keeps the simplicity and high thoughts of this wonderful man in front of the whole world.
Warren’s life would have been normal if he had not met Benjamin Graham. Benjamin was the person who left a deep impact on Warren’s life.
Benjamin was also a stock market investor and consultant. The tricks learned from whom made Warren the Warren Buffett. Warren Buffett himself admitted during several interviews that he was 15 percent Fisher (Warren Buffett’s ancestral surname) and 85 percent Benjamin Graham.
He told how the volatility of the stock market can be made the medium of his profit. After learning a lot from Benjamin, a teenager named Warren set out to earn a name in this world of stock market.
Buffett first started his business at the age of 13. He filed his first income tax return in 1943. Poot had started showing his feet in the cradle.
At the age of 15, he bought a pinball and kept it with a stake in a salon, and within a few months, Warren had grown from one to three pinball owners. Business was on. Warren was not always successful.
He applied for education at Harvard Business School, but the school turned down the application of the future greatest investor. Similarly, he bought a gas station in his initial investment in which he had to bear the loss.
At the same time, when he was winning on every front of the business, at the age of just 22, he fell in love with Susan Thompson and in 1952 both of them got married. In 1953, Warren had his first child, Susan Ellis Buffett. After this they had two more children, Howard and Peter.
Warren got the opportunity to work in the right way when Benjamin Graham hired him in his firm for a salary of $ 12,000.
It was during this job that he got the opportunity to develop an understanding of how to use the ups and downs of the stock market to his advantage. Two years later Benjamin Graham retired.
Once again Buffett planned to start his work and formed an investment firm called Buffett Partnership Limited. With his earnings in this firm, Buffett bought his first and current house for 31 thousand (500 dollars).
After this, Warren never looked back and by 1962, at the age of just 32, America had got a new millionaire – Warren Buffett. The net worth of their partnerships was more than $ 71.7 million, and in this, more than 10 lakh 25 thousand were from Warren alone. After this Berkshire Hathaway came into his life.
Warren rapidly started buying shares of this company and by 1965 he took control of this company in his hands. At the time of completing this feat, he was only 35 years old.
Berkshire started climbing the ladder of success. While working with this company, he wrote letters as the chairman, which became famous all over the world. 1979 was the first year that Warren’s name appeared in the Forbes rich list for the first time.
Earlier, he also had to face investigation in the purchase of some shares, but Warren came out of it spotless.
After this, Warren shortened the word success too. He was acknowledged as the greatest capital manager of all time. In 2008, he also won the title of being the richest man in the world, beating Bill Gates.
Meanwhile, at the age of 75, he announced his retirement and transferred a large part of his wealth to the Melinda Gates Foundation and chose Simpson as his successor.
Warren Buffett Personal Information
Warren Buffett’s personal life is as exciting as his professional life. His relationship with his wife Susan Thompson can be said to be sour-sweet.
The couple had three children, but after a few years of marriage, they started living separately from 1977, although they never divorced. Warren married his friend Astrid Manx in 2006, just two years after Susan’s death.
The friendship of these two was made by Warren’s wife Susan. Apart from this, Warren Buffett is very fond of playing bridge and for this he used to make Bill Gates and Paul Allen his companions.
He also organized a competition for bridge on the lines of the Ryder Cup for golf. He spent his whole life with such simplicity that he was sometimes even ridiculed for this frugality, but when he told how big his heart is and donated all his wealth, then people’s mind bowed to him with respect.
This richest man in the world still drives his own car, he has no cell phone and no computer on his desk.
Warren Buffett taught the world that in the end it doesn’t matter how much money you make, what matters is how you invest it. While donating his money, he said that this is the wisest investment of my life which I have made to change millions of lives. Warren says that we all have a duty to return something in the end to the world that gave us everything.