Warren buffett; Biography, Net worth, Age, Family, Assets
Warren buffett; Biography, Net worth, Age, Family, Assets
Warren Buffett is an American investor, business magnate, and philanthropist. He is considered one of the most successful investors of all time and is the chairman and largest shareholder of Berkshire Hathaway, a multinational conglomerate holding company.
Buffett is widely known for his value investing strategy and has a long history of outperforming the stock market. He is also known for his folksy and straightforward manner, as well as his frugal lifestyle and commitment to giving away his wealth to philanthropic causes.
In addition to his business accomplishments, Buffett is also known for his wisdom and advice on investing, which he frequently shares in interviews, articles, and letters to shareholders. His investment philosophy emphasizes the importance of patience, discipline, and long-term thinking, and has inspired many investors around the world.
Biography
Warren Buffett was born in Omaha, Nebraska, on August 30, 1930. He showed an early interest in business and finance, and at the age of 11 he bought his first stock. He went on to study business at the University of Nebraska, and later earned a Master's degree in economics from the University of Pennsylvania.
In the early 1950s, Buffett worked as a securities analyst in New York City, before returning to Omaha to start his own investment partnership. Over the next several decades, he built a successful investment portfolio and gained a reputation as a talented and insightful investor. In 1965, he became the chairman and largest shareholder of Berkshire Hathaway, a textile manufacturing company that he transformed into a holding company for a variety of businesses.
Throughout his career, Buffett has been known for his value investing strategy, which involves buying stocks in companies that he believes are undervalued and have strong long-term growth potential. He has also been known for his patience and discipline, as well as his willingness to hold onto investments for the long term.
In addition to his business success, Buffett is known for his commitment to philanthropy. In 2010, he joined with Bill and Melinda Gates to launch The Giving Pledge, which encourages wealthy individuals to give away at least half of their wealth to philanthropic causes during their lifetimes or in their wills. To date, over 200 individuals from around the world have taken the pledge.
Today, Warren Buffett is considered one of the most successful investors in history, and continues to play an active role in the management of Berkshire Hathaway. He is also widely respected for his business acumen, wisdom, and commitment to giving back to society.
Family
Warren Buffett is married to Astrid Menks, whom he met in the late 1950s and married in 2006. He was previously married to Susan Buffett, with whom he had three children: Susie, Howard, and Peter.
Buffett's daughter, Susie, is a philanthropist and former director of the Susan Thompson Buffett Foundation, which is named after her mother. His son, Howard, is a businessman and chairman of Berkshire Hathaway Energy. His other son, Peter, is a successful venture capitalist and founding partner of Berkshire Partners.
Buffett is known for his close relationship with his family, and he has often spoken about the importance of family in his life. He has also been vocal about his commitment to leaving the majority of his wealth to philanthropic causes, rather than to his children, in order to encourage them to be independent and follow their own passions.
Net worth
As of February 10, 2023, Warren Buffett's net worth is estimated to be around $117 billion, according to Forbes' real-time billionaire tracker. This makes him one of the wealthiest individuals in the world and one of the richest people in history.
Buffett's wealth is primarily derived from his holdings in Berkshire Hathaway, which he has built into a multinational conglomerate with holdings in a wide range of industries, including insurance, retail, energy, and finance. In addition to his ownership stake in Berkshire Hathaway, he also receives a salary of $100,000 per year as the company's chairman and CEO.
Buffett is known for his frugal lifestyle and commitment to giving away his wealth to philanthropic causes. He has signed The Giving Pledge, a commitment by some of the world's wealthiest individuals to give away at least half of their wealth during their lifetimes or in their wills, and has already given away billions of dollars to charitable organizations, including the Bill and Melinda Gates Foundation.
Overall, Warren Buffett's net worth is a testament to his successful investing career and his ability to build wealth over the long term through smart, patient, and disciplined investing.
Assets
As the chairman and largest shareholder of Berkshire Hathaway, Warren Buffett has a diverse portfolio of assets that includes holdings in a variety of industries. Some of the company's largest holdings include:
- Apple: Berkshire Hathaway is one of the largest investors in Apple, with a current estimated value of around $111 billion as of February 10, 2023.
Bank of America: Berkshire Hathaway is a major shareholder in Bank of America, with a current estimated value of around $30 billion.
Coca-Cola: Berkshire Hathaway has been a long-term investor in Coca-Cola, and as of February 10, 2023, the company's estimated holdings in the beverage giant are worth around $18 billion.
American Express: Berkshire Hathaway is a major shareholder in American Express, with an estimated value of around $14 billion.
Wells Fargo: Berkshire Hathaway is also a significant shareholder in Wells Fargo, with an estimated value of around $10 billion.
In addition to these investments, Berkshire Hathaway also has holdings in a wide range of other companies, as well as subsidiaries in industries such as insurance, retail, and energy. The company's portfolio also includes a large cash reserve, which Buffett has said is a key part of his investment strategy.
Overall, Warren Buffett's assets reflect his long-term investment philosophy and his commitment to investing in companies with strong fundamentals, good management, and a competitive advantage.
Age
Warren Buffett was born on August 30, 1930, which means that as of February 10, 2023, he is 92 years old.
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