Let's discover the wealth, life, career, quotes and advice of Warren Buffett, the richest and most famous investor in the world.
Warren Buffet Net Worth and Overall:
Full name: | Warren edward buffett |
Net Assets: | $ 76,3 billion |
Age: | 89 |
Date of Birth: | Agosto 30 1930 |
Country of origin: | United States of America |
Richness' fountain: | Entrepreneur / Investor |
Last update: | 2020 |
Warren Buffett is an American investor, businessman, and economist. He is considered the most successful investor in the world and you will soon understand why.
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970 and is also the third richest person in the world, after Jeff Bezos and Bill Gates. Warren Buffett's net worth is estimated at $75.6 billion as of 2020.
He is also a renowned philanthropist, having pledged to put more than 99% of his capital into philanthropic activities. In particular, through funding from the Gates Foundation.
Youth
Warren Buffett was born on August 30, 1930, to Leila and Howard Buffett in Omaha, Nebraska. Warren has two older sisters.
Buffett went to Rose Hill Elementary School. However, in 1942 his father was elected to the United States Congress. The family then moved to Washington DC, where Warren finished elementary school. He then attended Alice Deal High School and graduated from Woodrow Wilson High School in 1947.
In Buffett's yearbook, the caption below his photo reads: “I like math, I'm a future stockbroker. "
The race
Warren Buffett worked in the 50s and 70s first as an investment consultant, then as an analyst, and finally became a general partner at Buffet Partnership Ltd. In 1970 he became chairman and CEO of Berkshire Hathaway Inc, an American holding company. .
In 1979, Berkshire began the year with shares worth $775 each and closed at $1.310. Buffett's net worth reached $620 million.
Buffett officially became a billionaire when Berkshire Hathaway began selling Class A shares in May 1990, ending the year at $7.175 a share.
Today Warren Buffett is one of the richest people in the world and his net worth is 70 times greater than when he became a billionaire in 1990.
Highlights:
Here are some of the highlights of Warren Buffett's career:
- 1965: Takes control of Berkshire Hathaway
- 1970: Becomes Chairman and CEO of Berkshire Hathaway
- 1989 – Acquires 6.3% of Coca-Cola ($1 billion, 1989)
- 1995: Berkshire takes control of GEICO for $2.3 million.
- 2008: Warren Buffett invests $5 billion in Goldman Sachs
Warren Buffett: the best phrases
The price is what you pay. Value is what you get.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you keep this in mind, you will act differently.
Warren Buffett
It is much better to buy a wonderful company at a fair price than a fair company at a great price.
Warren Buffett
We simply try to be afraid when others are greedy and to be greedy only when others are afraid.
Warren BuffettThe risk comes from not understanding what you are doing.
Warren BuffettSuccess Lessons from Warren Buffett
Now that you know all about Warren Buffett's success and his net worth, here are more important lessons he has to teach us:
1. Save before you spend
The best way to invest your money is to set aside a fixed amount each month to save or invest. Use the rest to pay your bills and buy what you want.
However, if you wait until the end of the month to do this, you will end up spending more, since you will have more money available and therefore will buy things that you do not necessarily need. And you will end up leaving nothing behind.
2. Keep yourself in good company
We are just the average of the 5 people we spend the most time with, so it's a good idea to select the best possible companies. Surround yourself with people who encourage you, challenge you to grow, help you achieve your goals and provide you with knowledge that you would not otherwise be able to acquire.
3. Appreciate what you do
Buffett believes that life is really short and that jobs we don't like aren't worth doing, even though they can make us rich.
The only way to live a successful life is to do what you love, not get miserably stuck in a job you don't like.
Conclusions
Warren Buffett is the most successful investor in the world. It would be hard to say otherwise, considering the size of his net worth.
As of 2020, Warren Buffett's net worth is estimated to be around $76 billion, making Buffett the third richest man in the world, after Jeff Bezos and Bill Gates.
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