Warren Buffett
Chairman & CEO, Berkshire HathawayBirth DetailsAugust 30, 1930 | Omaha, Nebraska, United States
NationalityAmerican
LeagueBusiness Leader
EducationMaster of Science, Columbia University
Net Worth$72.8 billion (as of May 29, 2020)
Warren Buffett's Assets
Warren Buffett's Journey so far ...
Before you go ...
- Stake in Berkshire Hathway
Warren Buffett's Journey so far ...
- Born to a stockbroker father who later went on to become a politician, Warren Edward Buffett started investing right at the age of 11. At the age of 13, Buffett was delivering newspapers and also filing his income-tax returns
- He completed his Masters from Columbia University where he was taught by famous investors Ben Graham and David Dodd. Buffett was impressed by Graham's book, The Intelligent Investor, and once said that it was one of the best books ever written on investing
- In 1956, Warren Buffett founded the Buffett Partnership Limited (BPL) which eventually went on to take control of Berkshire Hathaway, a northern textile manufacturer, in 1965
- Famously called the Oracle of Omaha, Buffett picked up companies which were undervalued but had solid fundamentals and the potential to deliver profits in the long run. Currently, Berkshire Hathaway has investments in some top American companies like Apple, American Express, Bank of America and The Coca- Cola Company
- Headquartered in Omaha, Nebraska, Berkshire Hathway turned into a conglomerate of over sixty companies consisting of marques like Duracell and GEICO Insurance under Buffett’s leadership
- In a career spanning over six decades, Buffett remains arguably one of the greatest investors of all times and is known for his annual letter to shareholders. The contents of the letter are closely tracked by investors, economists and stock market analysts
- Buffett took a big decision in 2006 when he decided to donate 99% of his earnings to charity, the largest in US history. He decided to give 85% to the Bill and Melinda Gates Foundation, and in 2019 he donated $3.6 billion to it. Till date, Buffett has donated more than $38 billion to charity
Before you go ...
- Every year, Warren Buffett organises a lunch which is auctioned on eBay. The highest bidder gets to have lunch with him and is also allowed to bring up to seven friends. The amount is donated to Glide, a San Francisco charity that takes care of the homeless and drug-addicted people
- He was awarded the Presidential Medal of Freedom in 2011 by the then US president Barack Obama
- In 2010, Warren Buffett teamed up with Bill Gates to launch the Giving Pledge campaign, urging the world's wealthiest individuals to pledge half of their wealth to philanthropy or charity
- Harvard Business School rejected Buffett when he had applied for admission
Last Updated: 15/02/2021
Warren Buffett News
- 5 investing lessons from India’s T20 World Cup triumphIndia's triumph against the odds in the final serves as a powerful lesson in trusting the process even when faced with adversity. Despite a mere 3% chance of victory, the team's unwavering faith in their strategies proved crucial. Similarly, in investing, initial expectations can often be misleading. Investors may be tempted to abandon investments due to short-term market fluctuations, potentially missing out on significant long-term gains.
- Is Warren Buffett aware that the US dollar is losing 99.99% of its value? What did Michael Saylor say about this?In a podcast, Michael Saylor has warned that the US dollar is losing its value due to high rate of inflation and other currency options. He added that well known investors are aware of this reality.
- Steve Ballmer is richer than Bill Gates, a first for Microsoft billionairesSteve Ballmer surpassed Bill Gates to become the sixth-richest person globally, as Microsoft shares hit a record high, gaining 21% this year. Ballmer's net worth reached $157.2 billion, mostly in Microsoft shares, while Gates' diversified $156.7 billion fortune includes investments through Cascade Investment. Gates' wealth has reduced due to philanthropy, having donated nearly $60 billion to the Gates Foundation. Ballmer, who hasn't signed the Giving Pledge, focuses on smaller-scale philanthropic efforts. He succeeded Gates as Microsoft's CEO in 2000 and retired in 2014, later buying the Los Angeles Clippers.
- The Warren Buffett Legacy: What's next for his billions?Warren Buffett, chairman of Berkshire Hathaway, has revised his will to redirect his considerable fortune away from the Bill & Melinda Gates Foundation posthumously. Instead, Buffett plans to allocate his wealth to a new charitable trust managed by his three children, expressing confidence in their values and ability to distribute the funds effectively. This decision marks a significant shift from previous plans where the Gates Foundation and family-related charities were primary beneficiaries of over 99% of his estate.
- What Warren Buffett said after donating $5.3 billion Berkshire shares to charityBillionaire Warren Buffett on Friday announced his highest-ever annual donation of Berkshire shares worth $ 5.3 billion to charity.
- Warren Buffett donates record $5.3 bln Berkshire sharesWarren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006.
- Spotting Red Flags: Lawrence A. Cunningham's tips to safeguard your investment portfolioLawrence A. Cunningham advocates that quality-focused, long-term investing is crucial for success but challenging due to resisting short-term gains, standing by long-term decisions, and avoiding potential capital losses from mistakes.
- Retail investors play with a time bomb but RBI and Sebi are watchingFutures and options (F&O) trading involves contracts that derive their value from an underlying asset, such as stocks and commodities. Futures contracts obligate the buyer and seller to transact at a predetermined future date and price, while options give the holder the right, but not the obligation, to buy or sell the asset at a set price within a specific period.
- Had you invested in Nifty in 1994-95, you would have done better than Warren Buffett in dollar terms: Ashishkumar ChauhanAshishkumar Chauhan says that in the last 12 years, since the SME market started, 970 companies raised around Rs 15,000 crore and today their market capitalisation is close to Rs 2.75 lakh crore. So, effectively, the small little guys are going to create great wealth because some of them will literally take off and if they remain disciplined from beginning because the market brings that discipline of transparency, they will actually grow faster.
- Berkshire Hathaway sells $39.8 mln of shares in China's BYDWarren Buffett's Berkshire Hathaway has trimmed its stake in China's BYD , which surpassed Tesla last year as the world's largest seller of electric vehicles.
- Unlock stock market success: Time-tested lessons from Warren Buffett, the invincible investment iconAre you considering enrolling in a stock market learning course or being financially free by setting smart financial goals? Gain perspectives from some of the timeless lessons from the storied journey of Warren Buffett.
- Berkshire buys additional 2.57 mln shares in Occidental Petroleum, shows filingWarren Buffett's Berkshire Hathaway ups Occidental Petroleum stake, acquiring 2.57 million shares in early June, now owning around 250.6 million shares. Berkshire's investment surpasses $150 million. Previous ventures include joint lithium extraction project in California.
- Stock investing - have you found your investing style?Understanding different investing styles is crucial for long-term success in stock investing. Whether it's quality, value, momentum, low volatility, or sentiment, investors must align their strategy with their preferences and comfort to navigate the market effectively.
- Did you miss these wealth creators? Top 40 index funds give 50-100% returns in 1 yearIndex funds gain popularity, with AUM rising 30% to Rs 9.6 lakh crore in a year. Over 40 funds yield 50-100% returns. Index funds offer low-cost and straightforward equity market exposure.
- 1 million to $13 million in 5 yrs: 'Indian Warren Buffet' Mohnish Pabrai shares his success journeyMohnish Pabrai, an Indian-American investor and founder of Pabrai Investment Funds, credits his success to emulating Warren Buffett's investment principles. Pabrai's journey, marked by substantial returns and strategic bets, showcases the efficacy of Buffett's methods. Known for his high-return investments and avoidance of startups and IPOs, Pabrai's approach emphasizes value investing and selectivity. His net worth and insights on investment strategies highlight the power of disciplined, long-term investing.
- Indian fund managers embrace Warren Buffett's advice: The rise of index funds in IndiaIndian fund managers are embracing Warren Buffett's advice by turning to index funds, which offer simplicity, low cost, and stability. The rise of index funds in India has revolutionized the investment landscape globally and locally.
- Tyson Fury vs Oleksandr Usyk rematch confirmed? Here's the truthTyson Fury and Oleksandr Usyk have become most talked about boxers across the globe as fans were curious about a possible rematch.
- Warren Buffett play: 6 things to consider before investing in Special Opportunities FundSpecial Opportunities Fund (SOF) is an investment fund capitalizing on unique opportunities below intrinsic value, inspired by Warren Buffett. WhiteOak Capital Mutual Fund and Samco Mutual Fund have launched similar funds. Alekh Yadav, Head of Investment Products at Sanctum Wealth, highlights the fund's strategy. Investors should consider the differentiated offerings and track record, with high-risk appetite recommended for SOFs.
- Berkshire reveals $6.72 billion Chubb stake, insurer's shares riseBerkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire's U.S.-listed holdings as of that date.
- James Harris Simons: The math wiz who revolutionized investingSimons was a leading philanthropist who gave away billions during his lifetime to support medical and science research and teaching. His journey had been exciting and intriguing. A maths genius, he was only 23 when he received his PhD from the University of California, Berkeley.
- We expect strong momentum to continue in business: Warren Harris, Tata TechAnd so, if we put VinFast to one side, we actually grew our services business sequentially by 10%. And in the full year, again, if we put VinFast to one side, we have grown our business by a sector leading 30%.
- Big investors in the West are already in search of opportunities in India: Vishal KhandelwalVishal Khandelwal discusses challenges for big investors in Indian market, emphasizing valuations, liquidity constraints, and market evolution. He reflects on encounters with investing legends at Berkshire Hathaway AGM and shares optimism about India's investment opportunities.
- Warren Buffett says AI may be better for scammers than society: he's seen howBuffett told the throngs he recently came face to face with the downside of AI. And it looked and sounded just like him. Someone made a fake video of Buffett, apparently convincing enough that the so-called Oracle of Omaha himself said he could imagine it tricking him into sending money overseas.
- Buffett says India has 'unexplored' opportunitiesBuffett's remarks came at Berkshire's annual meeting on Friday when Rajeev Agarwal of DoorDarshi Advisors, a US-based hedge fund that invests in Indian equities, asked him about the possibility of Berkshire exploring in India, the world's fifth-largest economy. "It is a very good question. I am sure there are loads of opportunities in countries like India," he said.
- India has unexplored and unattended to opportunities: Warren Buffet"In India, I am sure that there are loads of opportunities in a place like India, and the question is do we have any advantage, in either insights into those businesses or contacts that will make possible for some transactions that participants in India would particularly want us to participate," the nonagenarian investor said.
DisclaimerThe content of this page has been aggregated from multiple websites. Some information can change over the passage of time.
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