Warren Buffett's Life

  • Birth

    Birth
    He was born in Ohama, Nebraska
  • First Investment

    First Investment
    At the age of 11, Buffett bought three shares of Cities Service Preferred at $38 a share. The stock soon dropped, but he held it until it went up to $40. He learned a valuable lesson in patience when it went up to $200 after he sold it.
  • First Business

    First Business
    At the age of 13, Buffett had his own business as a paperboy and selling his own tip sheet. During this time, he also filed his first tax return.
  • College

    College
    At the age of 16, Buffett went to University of Pennsylvania to study business. After two years, he finished his degree at the University of Nebraska. By the end of college, he had $10,000 from his childhood business.
  • Further Studying

    Further Studying
    At the age of 21, after earning his Master's degree, he sold securities for Buffett-Falk & Company for three years. Afterwards, he worked for his mentor Benjamin Graham for two years as an analyst at Graham-Newman Corp.
  • First Firm

    First Firm
    In 1956, Buffett formed the firm Buffett Partnership Ltd. in Ohama. He became a millionaire by seeing the potential in undervalued companies.
  • Other Developments

    Other Developments
    At the age of 39, the firm dissolved because they wanted to focus on the textile company named Berkshire Hathaway that Buffett controlled.
  • Charity

    Charity
    Buffett donated nearly his entire fortune to charity, and a large amount of it went to the Bill and Melinda Gates Foundation. This is the largest act of charity giving in history.
  • Sickness

    Sickness
    Buffett was diagnosed with prostate cancer, but was undergoing treatment.
  • Growing Business

    Growing Business
    Buffett bought H. J. Heinz with private equity group 3G Capital for $28 billion. This, and other purchases, eventually formed the third-largest food and beverage company in North America.
  • Political Activity

    Political Activity
    Buffett started the campaign "Drive2Vote," which encouraged people to vote. He also voiced his support for Hilary Clinton.