-
Warren Buffet was born
He was born to his parents Howard and Elena in Nebraska -
Bought His First Stock
Warren Buffet bought his first stock at the age of 11.He bought 6 shares of Cities Service preferred stock 3 for him and 3 for his sister at the price of $38. The company fell to $27 but shortly climbed back to $40. -
First Promise to be a Millionaire
Promises his friend that he will become a millionaire before he turns 30, other wise he will jump off one of the tallest building -
Investment as a teenager
Warren is making $175 monthly delivering Washington Post newspapers. At fourteen years old, he invests $1,200 of his savings into 40 acres of farmland. -
University
His parents force him to enroll in a university. He doesn't like it but still enrolls. Later he says that he knows better than the teachers do. He hates college -
Period: to
University Experience
He graduates from college in only three years by taking his last three credits over the summer. His savings have reached $9,800. Buffett applies for admission to Harvard Business School and is turned down. He eventually enrolls at Columbia.Warren discovers Graham is on the Board of GEICO insurance. -
Dating
Returns home and begins dating Susan Thompson -
Savings
Graham retires and folds up his partnership. Since leaving college six years earlier, Warren's personal savings have grown from $9,800 to over $140,000. -
A Millionaire
The Buffett Partnership, which had begun with $105,000, was now worth $7.2 million. Warren and Susie personally own over $1 million of the assets. Buffett merges all of the partnerships into one entity known simply as Buffett Partnerships, Ltd. -
Coca-cola
Buffett begins buying stock in Coca-Cola, eventually purchasing up to 7 percent of the company for $1.02 billion. It will turn out to be one of Berkshire's most lucrative investments. -
Buffet Personal Worth
Berkshire rises from $4,800 per share to over $8,000. Warren now has a personal fortune of $3.8 billion.