How much is Warren Buffett’s net worth?
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| net worth: | $130.4 billion |
|---|---|
| age: | 93 |
| Birth: | August 30, 1930 |
| gender: | Male |
| Height: | 1.78 m (5 ft 10 in) |
| country of origin: | United States of america |
| Sources of funds: | Entrepreneurs/Investors |
| Last Updated: | August 3, 2024 |
Warren Buffett is an American businessman, investor, and philanthropist who has an estimated net worth of $130.4 billion.
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He is considered one of the best and most successful investors in the world, and you’ll soon understand why. Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970, and he is one of the wealthiest people in the world.
early life
Warren Buffett was born on August 30, 1930, in Omaha, Nebraska, to parents Leila and Howard Buffett.
He has two older sisters and his parents’ names were Lila and Howard.
Buffett attended Rose Hill Elementary School. However, in 1942, his father, a congressman, was elected to the first of four terms in the United States Congress.
The family moved to Washington, D.C., where Warren finished elementary school.
He then attended Alice Deal Junior High School and graduated from Woodrow Wilson High School in 1947.
In Buffett’s senior yearbook he said: “Likes math; future stockbroker.”
The young Buffett began investing at age 11, and by the time he was in college, he was running his own business.
Buffett’s investment philosophy was influenced by his mentor, Benjamin Graham, a renowned investor and author of the book “The Intelligent Investor.”
Graham’s philosophy of value investing, which focuses on purchasing undervalued stocks with a long-term view, had a profound influence on Buffett’s investment approach.
After graduating from the University of Nebraska at the age of 19, Buffett intended to enter the prestigious Harvard Business School, but was rejected. Instead, he entered Columbia University and received a master’s degree in economics there.
Livelihood
From 1951 to 1954, Buffett worked as an investment salesman at Buffett-Falk & Co. From 1954 to 1956, he worked as a securities analyst at Graham-Newman Corp.
In 1956, Buffett founded his own investment firm, Buffett Partnership Limited, where he was a general partner from 1956 to 1969. The firm’s main strategy was to invest in undervalued stocks and hold them for a long time. Buffett’s success with the partnership played a key role in building his reputation as a savvy investor.
From 1965 through 1970, he served as chairman and CEO of Berkshire Hathaway Inc., a struggling Massachusetts-based textile company.
Buffett transformed the company into a diversified holding company, investing in a wide range of businesses from insurance to retail trade. Over time, his investment strategy was successful and Berkshire Hathaway became one of the most successful companies on the New York Stock Exchange.
In 1979, Berkshire started the year at $775 per share and ended the year at $1,310. Buffett’s net worth reached $620 million.
Buffett became a paper billionaire when Berkshire Hathaway began selling Class A shares on May 29, 1990, with the market price closing at $7,175 per share.
Today, he is one of the richest people in the world and his net worth is more than 70 times what it was in 1990 when he first became a billionaire.
estimated net worth
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Warren Buffett’s net worth is estimated to be $130.4 billion in 2024.
Warren Buffett’s net worth has increased over time
| Year | net worth |
|---|---|
| 2001 | $32.3 billion |
| 2002 | $35 billion |
| 2003 | $36 billion |
| 2004 | $42.9 billion |
| 2005 | $40 billion |
| 2006 | $42 billion |
| 2007 | $52 billion |
| 2008 | $62 billion |
| 2009 | $37 billion |
| 2010 | $47 billion |
| 2011 | $50 billion |
| 2012 | $44 billion |
| 2013 | $53.5 billion |
| 2014 | $58.2 billion |
| 2015 | $72.7 billion |
| 2016 | $60.8 billion |
| 2017 | $75.6 billion |
| 2018 | $84 billion |
| 2019 | $82.5 billion |
| 2020 | $67.5 billion |
| 2021 | $96 billion |
| 2022 | $118 billion |
| 2023 | $106 billion |
| 2024 | $130.4 billion |
personal life
Two important women have contributed to Warren Buffett’s personal life: his first wife, Suzanne Thompson, and his second wife, Astrid Menks.
Buffett married Susan in 1952 and they had three children: Susan Alice, Howard Graham, and Peter Andrew.
Susan was an integral part of Warren’s philanthropic efforts, and the couple donated together to causes such as education and reproductive health. Sadly, Susan passed away in 2004 after battling cancer.
After Susan’s death, Buffett continued his philanthropic efforts through the Susan Thompson Buffett Foundation, which focuses on reproductive health, family planning, and education.
In 2006, Buffett married Astrid Menks, who had been his companion and friend for many years. Despite the unusual circumstances of their love affair, the couple have been together for more than two decades and are known for their simple lifestyle. Menks is considered an important source of support and stability for Buffett, who has credited her with helping him stay grounded and focused on the most important things in life.
Despite his immense wealth, Buffett is known for living a frugal lifestyle. He still lives in the same five-bedroom house in Omaha that he purchased in 1958 for $31,500. He is also known for his love of simple pleasures such as hamburgers and Coca-Cola.
Buffett has also been open about his own struggles with mental health. He has spoken publicly about his battle with depression and encouraged others to seek help if they are struggling with mental problems.
Philanthropy
In addition to being one of the wealthiest men in the world, Warren Buffett is also one of the most generous philanthropists. He has pledged to give away most of his wealth to charity and has already donated billions of dollars to organizations focused on education, poverty alleviation, and disease prevention.
Buffett’s philanthropic efforts are driven by his belief in the importance of investing in people. He has spoken frequently about the role of education in breaking the cycle of poverty and has donated millions of dollars to support scholarships, schools, and other educational initiatives.
One of Buffett’s most significant philanthropic efforts is the Giving Pledge, which he created with Melinda and Bill Gates in 2010 to encourage the world’s wealthiest people to give away most of their wealth. Since then, more than 200 individuals and families around the world have signed this pledge and donated more than $600 billion to charities.
Buffett’s own charitable organization, the Susan Thompson Buffett Foundation, is named after his first wife and focuses on supporting reproductive health, family planning, and education initiatives. The foundation has donated billions of dollars to organizations around the world and has played a key role in expanding access to critical health services for women and families.
Highlights
Here are some of the highlights of Warren Buffett’s career:
- Control of Berkshire Hathaway (1965)
- Became chairman and CEO of Berkshire Hathaway (1970)
- Berkshire buys 6.3% of Coca-Cola ($1 billion, 1989)
- Berkshire takes full control of GEICO in a $2.3 billion deal (1995)
- Buffett invests $5 billion in Goldman Sachs (2008)
Favorite Warren Buffett Quotes
“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 think about that, you’ll do things differently.” – Warren Buffett
“It is far better to buy a good company at a fair price than a fair company at a wonderful price.” – Warren Buffett
“We strive to be fearful only when others are greedy and to be greedy only when others are fearful.” – Warren Buffett
“Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett
“Risk comes when you don’t know what you’re doing.” – Warren Buffett
Check out our big collection of the best Warren Buffett quotes!
Success Lessons from Warren Buffett
Now that you know everything about Warren Buffett’s net worth and how he achieved success; here are some of the best success lessons you can learn from Warren Buffett:
1. Save before you spend
The best way to invest your money is to set aside a certain amount each month for savings or investments. Then use the rest to pay your bills and buy the things you want.
But if you wait until the end of the month, you will spend more. This is because you will have more money to spend, and so you will buy things you don’t need. And you will not be able to save anything.
2. Maintain good company
As the saying goes, you are the average of the five people you spend the most time with.
So here’s the thing: you have to keep good company.
Surround yourself with people who inspire and challenge you to grow. People who can help you achieve your goals and provide you with knowledge you would otherwise be unable to obtain.
3. Enjoy what you do
Buffett believes that our lives are too short, and doing work that we don’t like, even if it makes us money, is not worth our time.
The only way to live a successful life is to do what you love and not waste your time being unhappy, even if you get paid a lot of money for doing so.
Check out more success lessons from Warren Buffett!
Warren Buffett – Business Motivation
Frequently Asked Questions
How much is Warren Buffett worth?
Warren Buffett’s net worth is estimated at $130.4 billion.
How old is Warren Buffett?
Warren Buffett was born on August 30, 1930 and is currently 93 years old.
How tall is Warren Buffett?
Warren Buffett’s height is 1.78 m, which is equivalent to 5 feet 10 inches.
Summary
Warren Buffett is the world’s most successful investor. Given his net worth, it would be hard to think of him otherwise. Plus, he has had incredible success as a businessman and philanthropist.
Over the course of his long career, Buffett has demonstrated an extraordinary ability to identify undervalued companies and generate long-term returns for his shareholders.
What do you think about Warren Buffett’s net worth? Comment below.
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Category: Net worth