Warren Buffet Net Worth: Warren Edward buffet AKA “Oracle of Omaha” is one of the most successful investors in the world and is currently serving as the CEO and Chairman of Berkshire Hathway which owns more than 60 companies including Geico, Duracell, Dairy Queen, etc.
Net Worth 2020:
According to Forbes, Warren Buffet has a net worth of $80.8 Billion as of 2019, making him 3rd richest person in the world after Bill Gates and Jeff Bezos.
Early Life:
Warren was born on August 30, 1930, in Omaha, Nebraska. In 1941, at the age of 11, he started buying city service stock. When he got graduated from high school, he already had bought a stake in a 40-acre farm in Omaha. After graduation from college, he started working with Benjamin Graham. After some time he traveled back to his father to work as a stockbroker.
Warren Buffet Net Worth:
Warren had a net worth of $20,000 at the age of 21. He rejoined Benjamin for $12,000 monthly salary. On the retirement of Benjamin 2 years later, he started investing with his friends. BY age 26, he had a net worth of $140,000. In 1962, Warren Buffet invested all of his net worth i.e. $450,000 at that time into an investment partnership. This investment proved to be a major success for him as the partnership increased to $17,000,000 making him a net total of $1.8 million.
In 1965, he bought controlling stock in Berkshire hatchway. At the age of 43, Warren Buffet net worth had been hit $34 million. In 1972, Warren purchased See’s Candies, a company for manufacturing and distributing candies, for $25 million.
In 1982, when Forbes released its first list of 400 richest American people, Buffet was enlisted with a net worth of $250 million. In 1985, when he was at the age of 55, he made his first billion when his net worth struck $1,000,000,000. In 1989, Berkshire signed a deal with Coca Cola acquiring 6.3% of it. ($1 Billion).
He continued to increase his wealth and by 1989, his net worth was $3.6 billion. By 1995, His net worth increased 3 times striking the figure of $10.7 billion. By this time, Berkshire bought GEICO for a $2.3 billion deal. In 1999, by the end of the decade, his net worth had increased to $36 Billion.
However his net worth increased to $32 Billion by 2001, but he achieved his lost status by 2008 striking a net worth of $62 Billion.
In 2010, Warren and Bill Gates launched the Giving Pledge asking the world’s richest people to donate half of their fortune.
