Warren Buffett Wiki Biography, Age, Career, Net Worth: Warren Buffett, an American investor, business magnate, and philanthropist, is recognized globally as one of the most successful investors of all time. He is currently the chairman and CEO of Berkshire Hathaway, a holding company with investments in diverse industries like insurance, energy, and retail. Known for his astute investment decisions, Buffett’s net worth is estimated to be in the billions. This iconic figure has made significant contributions to philanthropy and continues to be an inspiration to entrepreneurs and investors worldwide.
Warren Buffett Wiki Biography Overview
|Article Name||Warren Buffett Wiki Biography|
|Full Name||Warren Buffett|
|Birthday||August 30, 1930|
|Age||92 years old|
|Height||Approximately 5’10” (178 cm)|
|Education||University of Nebraska-Lincoln, Columbia University|
|Family||Married twice, three children|
|Career||Chairman and CEO of Berkshire Hathaway|
|Achievements||Widely regarded as one of the most successful investors of all time, pledged to give away the majority of his fortune to philanthropic causes|
|Net Worth||$105 billion (as of 2022, according to Forbes)|
|Social Media||Twitter | Facebook | Instagram|
Warren Buffett Personal Information and Early Life
Warren Buffett, the renowned American investor and philanthropist, was born on August 30, 1930, which means he turned 92 years old in 2022. Standing at approximately 5 feet 10 inches (178 cm) tall, his weight is not publicly disclosed.
Warren Buffett’s Early Life Born in Omaha, Nebraska, Warren Buffett was the son of Howard Buffett, a stockbroker and Congressman, and Leila Stahl Buffett. From a young age, Buffett displayed a keen interest in entrepreneurship and investing. As a child, he would deliver newspapers, and sell gum and Coca-Cola bottles door-to-door.
Warren Buffett Education
Buffett obtained a Bachelor’s degree in Business Administration from the University of Nebraska-Lincoln in 1950. Later in 1951, he pursued his Master’s degree in Economics from Columbia University.
Warren Buffett Family
Warren Buffett has been married twice and is a father of three children. His first wife, Susan, passed away in 2004, and in 2006, he tied the knot with his longtime partner, Astrid Menks.
Warren Buffett Career
Buffett worked as an investment salesman and analyst for various firms after completing his education. In 1956, he founded his investment partnership, which later evolved into Berkshire Hathaway. Buffett’s value investing approach, which involves identifying undervalued companies and holding onto them for the long term, has earned him a reputation as one of the most successful investors of all time.
Buffett’s achievements include being ranked as the fourth-wealthiest person globally in 2019, with a net worth of $82.5 billion. He is also known for his philanthropic work and has pledged to donate the majority of his fortune to causes like education and global health initiatives.
Warren Buffett Net Worth
As of 2022, Forbes estimates Warren Buffett’s net worth to be around $105 billion.
Warren Buffett Books:
|The Essays of Warren Buffett||1997||Warren Buffett|
|Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds Most Famous Investor||1997||Mary Buffett and David Clark|
|The Warren Buffett Way: Investment Strategies of the World’s Greatest Investor||1994||Robert G. Hagstrom|
|The Tao of Warren Buffett: Warren Buffett’s Words of Wisdom||2006||Mary Buffett and David Clark|
|The Intelligent Investor by Benjamin Graham, with commentary by Jason Zweig||2003||Warren Buffett (introduction)|
|The Snowball: Warren Buffett and the Business of Life||2008||Alice Schroeder|
|Berkshire Hathaway Letters to Shareholders||2013||Warren Buffett|
|Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012||2012||Carol Loomis|
|Berkshire Beyond Buffett: The Enduring Value of Values||2014||Lawrence Cunningham|
Political Contributions and Endorsements
Warren Buffett is known for his political activism and has made significant campaign contributions to various presidential candidates. He endorsed Barack Obama’s presidential campaign in 2008 and attended a fundraiser for him in Chicago. He also supported Obama’s views on social justice. During the 2008 presidential debate, both John McCain and Obama mentioned Buffett as a possible future Secretary of the Treasury. In addition, Buffett was a financial advisor to Republican candidate Arnold Schwarzenegger during the 2003 California gubernatorial election. In 2015, Buffett endorsed Democratic candidate Hillary Clinton for president and challenged Donald Trump to release his tax returns in 2016.
Buffett has been a vocal critic of the rising costs of health care in the US, which he believes compromise the country’s economic competitiveness. He has faulted the incentives in the medical industry that reimburse doctors for procedures leading to unnecessary care, instead of paying for results. He has also raised the problem of lobbying by the medical industry, saying that they are very focused on maintaining their income. In 2010, he said it was not sustainable for the US to devote 17% of its GDP to healthcare expenditure.
Curbing Population Growth:
Buffett has expressed concerns about unchecked population growth and has been a long-time supporter of family planning. He has met with other billionaires to discuss healthcare, education, and slowing population growth, drawing criticism from some right-wing blogs.
Buffett has been a vocal proponent of the inheritance tax, stating that repealing it would be like “choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics.” He testified before the Senate in 2007, urging them to preserve the estate tax to avoid a plutocracy. Some critics have argued that he has a personal interest in the continuation of the estate tax, since his company, Berkshire Hathaway, benefited from it. Buffett has also criticized the US tax system, stating that he only paid 19 percent of his income for 2006 in total federal taxes, while his employees paid 33 percent of theirs, despite making much less money.
Dollar and Gold:
Buffett has been bearish on the US dollar and has reduced his stake in the foreign currency market. He has also been critical of gold as an investment, citing its non-productive nature.
Buffett has made significant investments in Chinese companies, including PetroChina and BYD Company. While he initially profited from these investments, his investment in BYD Company later resulted in his worst investment in China.
Buffett has expressed conflicting views on the tobacco industry, stating that he likes it because it is addictive and has fantastic brand loyalty, but also expressing concerns about societal attitudes toward tobacco and the industry’s future.
Coal and Renewable Energy:
Buffett’s PacifiCorp canceled six proposed coal-fired power plants in 2007 after pressure from regulators and citizen groups. He has also been approached by Native American tribes and salmon fishermen to support a proposal to remove hydroelectric dams from the Klamath River. However, his response was that the Federal Energy Regulatory Commission would decide the matter.
Technology and Social Media:
Buffett has avoided buying stock in new social media companies such as Facebook and Google because he finds it hard to estimate their future value. He has also stated that IPOs are almost always bad investments and that investors should be looking to companies that will have good value in the long term.
Bitcoin and Cryptocurrencies:
Buffett has expressed skepticism about Bitcoin and other cryptocurrencies, stating that he does not know how the recent craze will end. However, he has also said that he would not take a short position