12 / Mar ,2020

Warren Buffett Biography (Fun Facts, How he Started Business, Education, Etc)

Warren Buffett Biography (Fun Facts, How he Started Business, Education, Etc)

Known as the "Oracle of Omaha," Warren Buffett is an investment guru and one of the richest and most respected businessmen in the world.

Who Is Warren Buffett?

Warren Edward Buffett was born on August 30, 1930, to his mother Leila and father Howard, a stockbroker-turned-Congressman. The second oldest, he had two sisters and displayed an amazing aptitude for both money and business at a very early age.

Warren Buffett showed keen business abilities at a young age. He formed Buffett Partnership Ltd. in 1956, and by 1965 he had assumed control of Berkshire Hathaway. Overseeing the growth of a conglomerate with holdings in the media, insurance, energy and food and beverage industries, Buffett became one of the world's richest men and a celebrated philanthropist.

Wife and Children

In 2006 Buffett, at age 76, married his longtime companion Astrid Menks

Warren Buffet was previously married to his first wife Susan Thompson from 1952 until her death in 2004, although the couple separated in the 70s. He and Susan had three children: Susan, Howard, and Peter.

Net Worth

As for 2018, Buffett has an estimated net worth of $84 billion.

How Much Did Warren Buffett Give Away to Charity?

Between 2006 and 2017, Buffett has given away close to $28 billion in charity, according to a report by USA Today.

Education

In 1947, Warren Buffett graduated from high school when he was 17 years old. It was never his intention to go to college; he had already made $5,000 delivering newspapers (this is equal to $42,610.81 in 2000). His father had other plans and urged his son to attend the Wharton Business School at the University of Pennsylvania.

Buffett only stayed two years, complaining that he knew more than his professors. He returned home to Omaha and transferred to the University of Nebraska-Lincoln. Despite working full-time, he managed to graduate in only three years.

Buffett approached graduate studies with the same resistance he displayed a few years earlier. He was finally persuaded to apply to Harvard Business School, which rejected him as "too young." Slighted, Warren then applies feed to Columbia, where famed investors Ben Graham and David Dodd taught