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Buffet was born in Omaha, Nebraska in 1930. He was the only son of Leila and congressman Howard Buffet
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When Buffet was the mere age of six, he bought 6 packs of Coca-Cola from his grandfathers grocery store, and resold them for a 5 cent profit. While most kids his age were on the play structure, Warren started making money moves from the get go.
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When Buffet was 11, he purchased three shares of Cities Service Preferred at $38 per stock for him and his older sister. The stock fell to $27, though, and he quickly sold them. Afterwards, Buffet admits he learned a valuable lesson because the stock shot up to $200
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At 17, Buffet graduated high school. While he wanted to start his occupational career there, his father urged him to take the college route. Buffet attended the Wharton Business School at the University of Pennsylvania, but only stayed two years.
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A stock genius, Benjamin Graham, hires Buffet for his investing company. Buffet holds his weight and begins to recruit partners. His capital soars from $9,800 to $140,000 in just a couple years
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After his revenue kept exponentially growing, Buffet took full control of Berkshire Hathaway and named Ken Chase as the CEO. He also 4 million into Walt Disney, which was almost 5% of the company.
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Berkshire acquires Sun Newspapers, Rockford Bank, and Illinois National Bank. His returns were a superb 29.5%
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Berkshire buys out the rest of Geico for a 2.3 billion dollar offered. It already owned 51% of the company, and the buyout gave them 100% ownership.
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Berkshire now has a long list of companies that include Ben Bridge, CORT, Justin Industries, Shaw Industries, and Benjamin Moore. Buffet is named the top money manager of the 20th century
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The Berkshire stock reaches an unbelievable $100,000 per share. Buffet also announced this year that he'll give away over 80% of his fortune to five foundations
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Buffet teams up with Jorje Lemann and 3G Capital to take over Heinz on a 23 Billion dollar deal. Immediantly after the news, the Heinz stock price soared 20%. This was one of the largest deals Buffet partook in.
