Warren Buffett's Life

  • Warren Buffett was born.

    He was born in Omaha Nebraska
  • Entered the Wharton School of the University of Pennsylvania

  • Transferred to the University of Nebraska and graduated at the age of 19.

  • Continued his education at the Columbia Business School, graduating in 1951.

  • He attended New York Institute of Finance after that.

  • Buffett married Susan Thompson at Dundee Presbyterian Church.

  • They had their first child, Susan Alice.

  • the Buffetts had their second child, Howard Graham.

  • He purchased a five-bedroom stucco house in Omaha, where he still lives, for $31,500

  • In 1958 the Buffetts' third child, Peter Andrew, was born.

  • Buffett became a millionaire because of his partnerships, which in January 1962 had an excess of $7,178,500, of which over $1,025,000 belonged to Buffett.

  • He created the Buffett Partnership after meeting Charlie Munger, and his firm eventually acquired a textile manufacturing firm called Berkshire Hathaway

  • Berkshire paid out its first and only dividend of 10 cents.

  • In 1969, following his most successful year, Buffett liquidated the partnership and transferred their assets to his partners.

  • the SEC opened a formal investigation into Buffett and Berkshire's acquisition of Wesco Financial, due to possible conflict of interest. No charges were brought.

  • Susan and Warren Buffett began living separately in 1977.

  • Berkshire began to acquire stock in ABC.

  • Berkshire began the year trading at $775 per share, and ended at $1,310. Buffett's net worth reached $620 million.

  • Berkshire Hathaway purchased a 12% stake in Salomon Inc., making it the largest shareholder and Buffett a director.

  • Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion.

  • Buffett became a billionaire when Berkshire Hathaway began selling class A shares on May 29, 1990, with the market closing at $7,175 a share.

  • Buffett entered in $11 billion worth of forward contracts to deliver U.S. dollars against other currencies.

  • Susan Buffett died

  • His total gain on these contracts was over $2 billion.

  • His annual salary was about $100,000.

  • On his 76th birthday, Buffett married his longtime companion, Astrid Menks.

  • Buffett ran into problems during the financial crisis of 2007–2008.

  • Buffett became the richest person in the world, with a total net worth estimated at $62 billion.

  • Buffett had agreed to buy General Electric (GE) preferred stock.

  • Buffett lost $25 billion over a 12-month period during 2008/2009.

  • over the course of the previous eight months, Buffett had bought 64 million shares of International Business Machine Corp stock, worth around $11 billion.

  • Buffett was diagnosed with stage I prostate cancer during a routine test.

  • the price of Berkshire Hathaway's shares hit $200,000 a share for the first time, capitalizing the company at $328 billion.

  • Berkshire Hathaway was fined $896,000 for failing to report December 9, 2013, purchase of shares in USG Corporation as required.

  • He began selling some of the approximately 81 million shares he owned in IBM stock, noting that he did not value the company as highly as he did six years earlier.