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Buffett was born in 1930 in Omaha, Nebraska. He was the second of three children and the only son of Leila and Congressman Howard Buffett,
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At 11 years old, Buffett buys his first stock – 6 shares of Cities Service (now known as CITGO – an Oil company) at $38 per share. He bought 3 for himself and 3 for his sister Doris.
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Buffett makes $175 a month selling Washington Post newspapers and saves $1200 to buy a 40 acre farmland in Omaha, Nebraska.
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Buffett joins his friend Donald Danly to start a company called Wilson Coin Operated Machines. The business buys a pinball machine at a cost of $25 and places it in a nearby barber shop. Wilson Coin makes $50 per week for Buffett and Donald.
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Buffett meets long time business partner Charlie Munger
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Buffett becomes chairman and CEO of Berkshire
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Berkshire acquires 6.3 % of Coca-Cola
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Berkshire takes full control over Geico in a 2.3 billion dollar deal
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Buffett invests 5 billion in Goldman Sachs, a deal that has netted him billions in profits
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Buffett has one of the most illustrious investing careers the world has ever seen and the story is not over yet.
