2. Warren Edward Buffett was born on August 30, 1930, in
Omaha, Nebraska.
Warren Edward Buffett is an American
business magnate, investor, and
philanthropist.
Buffett is the chairman, CEO and largest
shareholder of Berkshire Hathaway and
consistently ranked among the world's
wealthiest people. He was ranked as the
world's wealthiest person in 2008.
3. Buffett is called the "Wizard of Omaha",
"Oracle of Omaha", or the "Sage of
Omaha".
Even as a child, Buffett displayed an
interest in making and saving money. He
went door to door selling chewing gum,
Coca-Cola, or weekly magazines.
4. Buffett's interest in the stock market, At
the age of 11, he bought three shares of
Cities Service Preferred for himself, and
three for his sister.
In 1962, Buffett became a millionaire
because of his partnerships, which in
January 1962 had an excess of $7,178,500,
of which over $1,025,000 belonged to
Buffett
5. Warren Buffett bought more than $1 billion of Coca-
Cola shares in 1988, an amount equivalent to 6.2% of
the company, making it the largest position in his
portfolio at the time. It remains one of Berkshire
Hathaway's biggest holdings today, as of October
2019, holding the number three spot.
6. Buffett became a billionaire on paper when
Berkshire Hathaway began selling class A
shares on May 29, 1990. In 2002, Buffett
entered in $11 billion worth of forward
contracts to deliver U.S. dollars against
other currencies. By April 2006, his total
gain on these contracts was over $2
billion.
7. By the end of 1996 Buffett’s Berkshire
Hathaway owned just over thirty million shares
of McDonald’s stock.
8. In 2008 Buffett became the richest person
in the world, with a total net worth
estimated at $62 billion by Forbes and at
$58 billion by Yahoo, overtaking Bill Gates,
who had been number one on the Forbes
list for 13 consecutive years.
