Warren Buffett Net Worth

Warren Buffett Net Worth : $81.5 Billion

Profile

An American Investor, Humanitarian, and Chairman & CEO of Berkshire Hathaway

Warren Buffett Annual Income

$100,000 (As of 2017)

Nationality

American

Source of Wealth

Business

Years of Experience

67 Years (approximately)

Date of Birth

August 30, 1930

Education

Earned M.Sc. in Economics from Columbia Business School

Marital Status

Married

Children

3

Warren Buffett’s Income & Total Net Worth

Having accumulated an enormous wealth of $81.5 billion, Warren Buffett undoubtedly falls under the category of being one of the richest billionaires in the world. Warren is the largest shareholder, Chief Executive Officer and Chairman of Berkshire Hathaway. He has constantly been ranked among the wealthiest persons in the world. This “Wizard of Omaha”, has pledged to donate 99% of his net worth to charity. Out of this, 83% will go to Bill and Melinda Gates Foundation. This all equals to $41 billion, which is the highest charitable amount in the human history.

Business Investments

In association with his company, Warren has invested in a number of companies and also holds 100% ownership of many companies. The companies under Warren’s and Berkshire Hathaway’s portfolio includes GEICO, Kansas Bankers Surety Company, Applied Underwriters, Central States Indemnity Company, National Indemnity Company, Wesco Financial Corporation, H.H. Brown Shoe Group, Fruit of the Loom, Nebraska Furniture Mart, Acme Brick Company, Verisk Analytics, Clayton Homes, Shaw Industries, McLane Company, MidAmerican Energy Holdings Company, Blue Chip Stamps, Burlington Northern Santa Fe Corp., Brooks Sports, Business Wire, Borsheim’s Fine Jewelry, Johns Manville, H. J. Heinz Company, Dairy Queen, and many more.

Ventures

Warren contributed towards politics for many years. He has made campaign contributions and formally endorsed presidential campaign of Barack Obama. Besides this, he is also a great story-teller and wrote several articles and annual reports.

Properties: Private Fortune

The wealthy businessman, Warren Buffett’s lifestyle emphasizes on his character of being modest and down to earth. Despite being one of the richest billionaires in the world, he prefers to live in his not-so-plush Nebraska house, which he purchased in 1958 for $31,500. The house sits on the land of 6,234-square feet and comprises of five bedrooms, and 2.5 bathrooms. The house is not guarded with any surveillance camera.

Warren Buffett House

Warren Buffett House 2

Warren Buffett House 1

Buffett also had a vacation home in Laguna Beach, which he sold-off in 2005 for $5,450,000.

He owned a 4-door luxury sedan- “Lincoln Town car”, which he auctioned off in a charity. Warren also possesses a Business jet Gulfstream IV-SP, called The Indefensible.

Warren Buffett’s Career

Warren Buffett was born in Omaha, in 1930. He got his elementary education in Omaha, from Alice Deal Junior High School, and then, from Woodrow Wilson High School. He obtained Bachelor’s degree from the University of Nebraska–Lincoln, and a Master of Science in economics from Columbia Business School.

Warren’s interest in savings, investments, and money dates back to his childhood. During the period of 1951 to 1954, Warren was employed as an investment salesman in Omaha, at Buffett-Falk & Co., trailed by the job of securities analyst at Graham-Newman Corporation from 1954-1956. From 1956-1969 to 1970, Warren was a general partner at Buffett Partnership, Ltd. He is the current CEO and Chairman of Berkshire Hathaway Inc.

In 1962, Warren became the millionaire through his investments and partnerships. In 1990, when his company Berkshire Hathaway started to sell “A” class shares, Warren also came into the counting of richest billionaires.

In 2011, Warren was counted amongst the list of Time Magazine’s “100 Most Influential People”. In 2011, he received the ‘Presidential Medal of Freedom’ by President Barack Obama.

Philanthropy

Warren has donated 99% of his property in charity, and his children will not inherit any significant proportion of his wealth.  He has donated 83% of his charity to the Bill & Melinda Gates Foundation. Warren auctioned off his “Lincoln Town Car” on eBay to raise funds for Girls Inc.

He has also raised charities for foundations, like Glide Foundation, the Giving Pledge campaign, and Lunch with Buffett.

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