Warren Buffett Important Moments Timeline

By cl29
  • Warren Buffett buys his first stock

    Warren Buffett buys his first stock
    When Buffett was 11 years old he purchased his first stocks; Warren bought six stocks in Cities Service, an oil service company. Of these stocks, Warren split half with his sister, Doris. These stocks were approximately $38 a share.
  • Buffett starts Wilson Coin Operated Machines

    Buffett starts Wilson Coin Operated Machines
    At age 17 Buffett teamed up with his colleague Donald Danly. Together, they hoped to create "Wilson Coin Operated Machines". The business purchases pinball machines and places them at nearby barber shops. It was estimated that Buffet and Donald collected about $50/week.
  • Buffet's savings skyrocket

    Buffet's savings skyrocket
    Aged 26, Buffett's saving rose from $9,800 to $140,000. At this time, Buffett created Buffett Associates Ltd. 7 of Buffet's family members and friends invest a total of $105k.
  • At 31, Buffett runs seven partnerships

    At 31, Buffett runs seven partnerships
    At 31 years old, Warren Buffett now runs seven partnerships:
    Buffett Associates, Buffett Fund, Dacee, Emdee, Glenoff, Mo-Buff, and Underwood
  • Buffett makes his single most important investment

    Buffett makes his single most important investment
    Buffett notices Berkshire Hathaway selling shares at a very low $8 a share. Buffett proceeds to buy stocks aggressively. Buffett partnership becomes the single largest shareholder of Berkshire Hathaway.
  • Buffett's net worth reaches $100,000,000

    Buffett's net worth reaches $100,000,000
    Aged 49, Buffett's net worth reaches an astonishing 100 million USD.
    At this time, Berkshire is currently selling for about $290 per share, respectively.
  • Investments in the aerospace industry

    Investments in the aerospace industry
    The year is 1986. Buffet, aged 56, invests in Lear Siegler, a company that produces products that range from car seats and brakes to weapon control systems for the military. At this time, Berkshire's stock passes the $3,000 mark.
  • The stock market crashes and Berkshire loses thousands

    The stock market crashes and Berkshire loses thousands
    The stock market crash of 1987, also sometimes called "Black Monday", resulted in Berkshire Hathaway losing 25% of its original value. Stocks go from $4,200 to $3,100, and Buffett loses $320 million.
  • Buffett donates an incredible amount

    Buffett donates an incredible amount
    Buffett, aged 76, donates approximately 80% of his fortune to five foundations in annual gifts of stock, the Bill and Melinda Gates Foundation being the largest. At this time, Berkshire stocks cross $100,000 per share.
  • Current day pricing of Berkshire Hathaway stock

    Current day pricing of Berkshire Hathaway stock
    Warren Buffett, who will be turning 90 this year, is the current CEO and Chairman of Berkshire Hathaway, whose stock currently sits at an astonishing $342,550 per share. This means Berkshire has the most expensive stock in the world, followed by Lindt & Sprungli, a Swedish chocolatier whose stock sits at $89,200 per share. This makes Berkshire still worth almost 385% more than the runner-up.