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Warren Buffett Net Worth, Biography, Wiki in 2017-2016

How rich is Warren Buffett?

Warren Buffett net worth:
$73 Billion

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Warren Buffett Net Worth, Biography, Wiki 2017-2016

Warren Edward Buffett was born on 30 August 1930, in Omaha, Nebraska USA, and is known worldwide variously as the “Sage of Omaha”, “Wizard of Omaha” or “Oracle of Omaha”, as he is currently ranked the third richest person in the world by Forbes and Bloomberg, being primarily an extremely knowledgeable investor and financial advisor, also a business magnate, financier and generous philanthropist.

So just how rich is Warren Buffett? According to Forbes, Warren’s net worth in 2015 is estimated to be a very impressive $73 billion, the vast majority of his wealth having been accumulated as a result of his consistently successful investing through his company “Berkshire Hathaway”.

Warren Buffett Net Worth $73 Billion

Warren Buffet is the only son of US Congressman Howard Buffett and mother Leila (née Stahl). Warren went to school in Washington DC, and then to the University of Pennsylvania for two years (including joining the Alpha Sigma Phi fraternity) before transferring to the University of Nebraska from where he graduated at nineteen with a BSc in business administration. After unsuccessfully applying to  Harvard  Business School, Buffett enrolled at Columbia Business School, and graduated with a MSc in economics in 1951. Buffett also attended the New York Institute of Finance.

Even in primary school, Warren Buffett made money in all sorts of ways, including owning second-hand pinball machines, working in his grandfather’s store, selling golf balls, chewing gum, and magazines door-to-door. Buffett’s interest in the stock market and investing began in his schooldays too, sometimes spent in the customers’ lounge of a regional stock brokerage near his father’s office, plus visiting  the NYSE when he was 10. At 11, he bought three shares of Cities Service for himself, and three for his sister Doris (founder The Sunshine Lady Foundation). In high school, he invested in a business owned by his father, and bought a farm worked by a tenant farmer.

Warren  Buffett began his full-time working career as an investment salesman for “Buffett-Falk & Co.”, then as a securities analyst in “Graham-Newman Corp”, and subsequently went on to work at “Buffett Partnership, Ltd”. In 1957 he had three partnerships operating, increasing to five the next year, and which by 1962 made him a millionaire. That year his partnerships had assets of over $7 million, $1 million of which belonged to Buffett.

Buffett’s first private investment was the department store “Hochschild, Kohn and Co”. However, it was “Berkshire Hathaway” that brought him huge financial success, firstly from buying the shares of this multinational conglomerate holding company, then becoming chairman  in 1965. The company became the portal for virtually all Buffett’s investments, giving him a spot on the Forbes 400 in 1979, and making him a billionaire by 1990. Warren Buffett is now chairman , CEO and the largest shareholder of the company. In 2008, he was listed by Forbes as the richest person in the world. In 2012, Time magazine named Buffett one of the most influential people in the world, a position which he has held in every year since, regardless of formal acknowledgement.

In addition to the profits gained from his company, Buffett accumulated a large amount of his net worth due to forward contracts, the value of which by 2006 was over $2 billion. That same year Buffett announced that he would give away 85% of his Berkshire holdings to five charitable organizations – the largest amount going to the “Bill and Melinda Gates Foundation” co-founded with Bill Gates with the aim of reducing poverty and enhancing healthcare – plus others such as “Nuclear Threat Initiative”, “Glide Foundation”, and “Buffett Foundation” created in order to manage his charitable donations. As a result of his philanthropy, Warren Buffett’s annual salary in recent years amounts to only $100,000.

Buffett’s humble and generous personality has inspired many authors such as Robert Lowenstein, Alice Shroeder, Janet Lowe, and John Train to release books about him. Warren Buffett is also a known writer himself, and has been publishing annual reports and various articles for a number of years, the most prominent of which is “The Superinvestors of Graham-and-Doddsville”.

Warren was married to Susan from 1952 until her death in 2004, although they lived separate lives from the late 70s; they have one daughter. In 2006 he married Astrid Menks, with whom he had been co-habiting for many years. Warren Buffett lives in a house in Omaha, which he purchased in 1957 for $31,000. During his free time, Buffett enjoys playing bridge, and has even sponsored a Buffett Cup bridge match.


More about Warren Buffett:

Warren Buffett information

Warren Buffett information

Birth date: August 30, 1930
Birth place: Omaha, Nebraska, United States
Height:5 ft 10 in (1.78 m)
Profession:Investor, Entrepreneur, Businessperson, Financier
Education:Columbia Business School (1950–1951)
Nationality:American
Spouse:Astrid Menks (m. 2006), Susan Buffett (m. 1952–2004)
Children:Howard Graham Buffett, Peter Buffett, Susan Alice Buffett
Books:The Essays of Warren Buffett

Warren Buffett profile links

Warren Buffett profile links

  • Filmography
  • Awards
  • Salaries
  • Facts
  • Quotes
  • Trademarks
  • Pictures


Actor

Actor

TitleYearStatusCharacter
Entourage2015Warren Buffett
The Office2011TV SeriesInterviewee
Liberty's Kids: Est. 17762003TV SeriesJames Madison

Thanks

Thanks

TitleYearStatusCharacter
Wall Street: Money Never Sleeps2010special thanks

Self

Self

TitleYearStatusCharacter
On the Money2014-2015TV SeriesHimself - Chairman, Berkshire Hathaway / Himself - Chairman / CEO, Berkshire Hathaway / ...
60 Minutes2011-2015TV Series documentaryHimself - Billionaire Philanthropist (segment "All-American") / Himself - Investor (segment "The Giving Pledge") / Himself - Chairman, Berkshire Hathaway (segment "Howard Buffett")
Squawk Box2010-2015TV SeriesHimself / Himself - Chairman / CEO, Berkshire Hathaway / ...
The Willis Report2014TV SeriesHimself - Berkshire Hathaway Chairman
Late Night with Seth Meyers2014TV SeriesHimself
Mike & Mike2014TV SeriesHimself - Chairman and CEO, Berkshire Hathaway Inc.
Piers Morgan Tonight2013TV SeriesHimself
Charlie Rose2006-2013TV SeriesHimself - Guest
Secret Millionaires Club2011-2013TV SeriesHimself
CBS News Sunday Morning2013TV Series documentaryHimself - Guest
Today2009-2013TV SeriesHimself / Himself - Guest
The Daily Show2012TV SeriesHimself
The Billionaires' Pledge2012TV Movie documentaryHimself
Zero Percent2011DocumentaryHimself
Food Wars2010TV SeriesHimself
The 7PM Project2010TV SeriesHimself
Wall Street: Money Never Sleeps2010Himself
The World's Greatest Money Maker: Evan Davis meets Warren Buffett2009TV Movie documentaryHimself
Der Schein trügt2009DocumentaryHimself
All My Children2008TV SeriesHimself
I.O.U.S.A.2008DocumentaryHimself
Buffett and Gates Go Back to School2006TV MovieHimself
American Morning2006TV SeriesHimself
Woodstock for Capitalists2001Documentary
ESPN SportsCentury2000TV Series documentaryHimself
Capital2000TV Series documentaryHimself

Archive Footage

Archive Footage

TitleYearStatusCharacter
60 Minutes2012-2015TV Series documentaryHimself - Billionaire Philanthropist (segment "All-American") / Himself - Investor (segment "The Giving Pledge") / Himself - Howard's Father (segment "Howard Buffett")
Huckabee2012TV SeriesHimself
We're Not Broke2012DocumentaryHimself - World's Second Richest Man
Unnatural Causes2008TV Mini-Series documentaryHimself - World's Richest Man
The O'Reilly Factor2007TV SeriesHimself
World Business Satellite2007TV SeriesHimself

Looks like we don't have Warren Buffett awards information. Sorry!



Looks like we don't have Warren Buffett salary information. Sorry!


#Fact
1In 1989, after having spent nearly $6.7 million of Berkshire's funds on a private jet, Buffett named it "The Indefensible". He is known to prefer public transportation.
2Release of the book, "The Snowball: Warren Buffett and the Business of Life", by Alice Schroeder.
3He is a huge fan of the series Breaking Bad (2008).
4Has admitted he still works in Business because he enjoys it despite the fact that he could have retired decades ago.
5Always flies coach when traveling.
6He still lives in the house in Omaha, Nebraska that he bought in 1958.
7Diagnosed with stage-1 prostate cancer [April 17, 2012].
8Forbes magazine estimated his personal net worth at $47 billion, making him the world's second richest American after friend Bill Gates whose personal net worth was a reported $53 billion. [February 2010]
9Father-in-law of Jennifer Buffett.
10Ex-father-in-law of Mary Buffett.
11He is a member of Alpha Sigma Phi fraternity.
12Gave approximately 10 million Berkshire Hathaway B (net worth $30.7 billion) shares to the Bill & Melinda Gates Foundation, making it the largest charitable donation in history (23 June 2006).
13According to Forbes, he became the world's richest person with an estimated net worth of $62 billion (2008).
14Has three children: Susie, Howard Buffett and Peter Buffett.
15One of the largest shareholders of Coca-Cola, Gillette, Kraft, UPS and American Express, among other large corporations.
16According to Forbes magazine, his 2005 net worth is $44 billion.
17When he took over Berkshire Hathaway, it was an unknown textile mill. Now, it is one of the largest conglomerates in the world, and a Fortune 10 company.
18Known for his clean business practices and advocacy of transparency and integrity in corporations.

#Quote
1Efficiency is required over time in capitalism. I don't know of any company that has a policy that says 'We're going to have a lot more people than we need'.
2[on forward-thinking] Someone is sitting in the shade today because someone planted a tree a long time ago.
3Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
4I buy expensive suits. They just look cheap on me.
5Price is what you pay. Value is what you get.
6The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
7It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
8We can rise to any challenge, but not if people feel we're in a plutocracy. We have to get serious about shared sacrifice.
9[on raising taxes on the wealthiest people] If you give me a choice between taking $1000 from twenty million families or hitting 50,000 people who shuffle money around all day, I'll take it from the people who shuffle money.
10Investors... should try to be fearful when others are greedy and greedy when others are fearful.
11Nothing sedates rationality like large doses of effortless money.
12You only have to do a very few things right in your life so long as you don't do too many things wrong.
13It is better to be approximately right than precisely wrong.

#Trademark
1Folksy humor

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