Warren Buffett

May 31, 2011 – 11:54 am

Warren Buffett
Warren Edward Buffett is born August 30, 1930, Omaha Nebraska, the second of three children and only son of Leila and Businessman/politician Howard Buffett.

Warren Edward Buffett is an American investor, industrialist and philanthropist. He is called as one of the most successful investor around the world. He is often called as “legendry investor Warren Buffett. For the Berkshire Hathaway, he is the primary share holder, Chairman and CEO. He is the consistent wealthy person around the world; he is the world third wealthiest person in the world in 2010.

Buffett is called the “Sage of Omaha” or the Oracle of Omaha” and is noted for the value investing philosophy. His personal frugality made his extremely large wealth.

Buffett has started his school Rose Hill Elementary School at Omaha in year 1942. After his father has elected for the first of four terms in the United State Congress, he and his family moved to Washington D.C. Buffett finished his elementary school and then attended the Alice Deal Junior High School. He has graduated from Woodrow Wilson High School. Even in the childhood Buffett has an interest in making and saving money. He went to door to door selling the Coca-cola, chewing gum or weekly Newspaper. He has also worked for a while in his grandfather’s grocery store. In the age of high school itself he has brought several money making business ideas like delivering the newspaper, selling golf balls and stamps.

Buffett has entered his college in year 1947 at Wharton School of the University of Pennsylvania. He was there for two years from 1947 to 1949. After two years he transferred to the University of Nebraska-Lincoln. In the age of nineteen he has completed his B.S. Economics. He has received his M.S. in Economics in year 1951. Buffett has also attended New York Institute of Finance.
Warren Buffett Warren Buffett Warren Buffett

Along with the Buffett carrier, he was employed at Buffett-Falk & Co., Omaha as an Investment Salesman from 1951 to 1954. From the 1954 to 1956, he has worked as Securities Analyst at Graham-Newman Corp., New York. From 1956 to 1969, he has worked as General Partner at Buffett Partnership, Ltd. Presently he is Chairman and CEO of the Berkshire Hathaway Inc.

Buffett has got married with Susan Thompson in year of 1952 and next year they had a first child, Susan Alice Buffett. Buffett has accepted the job from the Benjamin Graham’s partnership. His starting salary was $12000 per annual. Graham was the tough man to work and he has closely worked with Walter Schloss. In the year 1956 Buffett ahs got the second child, Howard Graham Buffett.

Buffett became a millionaire in year 1962 because of his partnership. The partnership in January 1962 had excess $7,178,500 of which over $1,025,000belonged to Buffett. Buffett merged all his partnership into one.

Buffett became a billionaire in year 1990; when Berkshire Hathaway began selling class A shares in on May 29, 1990. Market has closed for $7,175 a share. Buffett got involved with Maurice R. Greenberg and AIG with General Re providing reinsurance in year 2002.

Related Posts Plugin for WordPress, Blogger...

Post a Comment