-
The Oracle of Omaha was born in Omaha, Nebraska to Howard and Leila Stahl Buffet.
-
At the young age of 16, Warren had enrolled at the University of Pennsylvania to study business.
-
After studying for two years at the University of Pennsylvania, he went to the University of Nebraska to finish his degree and came out at the age of 20 with $10,000.
-
He got his masters degree in economics at Columbia University where he studied under his mentor Benjamin Graham, and then went further with his education at the New York Institute of Finance.
-
Warren married Susan Thompson in 1952 and had three children: Susan, Howard, and Peter.
-
Warren created his first firm called Buffet Partnership in Omaha. Using what he learned, he successfully identified undervalued companies and became rich.
-
One of Warren's investments was a textile company called Berkshire Hathaway. He started accumulating stock in 1960 and then gained control of the company in 1965.
-
Warren dissolved Buffet Partnership in 1969 to develop Berkshire Hathaway. He bought assets in media, insurance, and oil. He became famous for turning seemingly poor investments into gold. He then became director of the company in 1989 which went on till 2006.
-
Warren announced that he would be giving all of his money to charity, 85 percent of which went towards the Bill and Melinda Gates Foundation. It became the largest charitable act in the United States. Then in 2010 Bill Gates and Warren created The Giving Pledge Foundation to get more wealthy people involved.
-
Warren disclosed that he had prostate cancer. He started treatment in July and fortunately completed his treatment that November.
-
Berkshire Hathaway, JPMorgan Chase, and Amazon gave a press release together announcing their plans to collaborate and make a healthcare company for their employees in the U.S. It will aim to cut costs and improve the process for patients by focusing on technology solutions in the start.
