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Warren Buffett was born on August 30, 1930, in Omaha, Nebraska. Buffett was the second of three children and the only boy.
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At 11 years old, Buffett made his first investment. He bought 3 shares of Cities Services Preferred at $38 a share. Buffett held the shares until they reached $40 per share and sold them for a small profit. He later learned that the stock shot up to almost $200 a share and regretted his decision.
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Buffett received his master's degree in economics at Columbia University after attending the University of Nebraska and the University of Pennsylvania.
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Buffett formed the firm Buffett Partnership Ltd. in Omaha, Nebraska. Using what he learned early in his life, Buffett used the firm and became a millionaire.
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Buffett accumulated stock and assumed control of the textile company, Berkshire Hathaway.
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Susan Thompson passed away in 2004, although the couple separated in the 70s. They had three children: Susan, Howard, and Peter.
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In June of 2006, Buffett decided to give away his entire fortune to charity. 85% of this commitment went to the Bell and Melinda Gates Foundation. This was the largest act of charity in US history.
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Buffett revealed that he had been diagnosed with prostate cancer. He underwent treatment and completed his treatment in November
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Drive2Vote was a website that Buffett created for the purpose of encouraging people in Nebraska to exercise their right to vote. He also supported Hillary Clinton through endorsements during her campaign for the presidency.
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Buffett is currently the 3rd richest person in the world. His net worth is $81.9 billion. He owns more than 60 companies including Geico, Dairy Queen, and Duracell.
