Saturday 12 July 2014

Warren Buffett Biography

Buffett was born in 1930 in Omaha, Nebraska, the son of a stockbroker and Congressman, and has become probably the world’s most successful investor.
As a boy, irrespective of his family background, he delivered newspapers to make extra money and this probably sparked his interest in the media where he has made several successful investments including the Washington Post Company, a stock that has made him a lot of money and which he vows never to sell.
Imbued with a determination to make good and an entrepreneurial nature, Warren dabbled in several part time businesses but his destiny was chartered early in the piece when, after graduating from the University of Nebraska, he studied business at the Columbia Graduate Business School under the legendary Benjamin Graham.

Buffett enrolled at the University of Pennsylvania at the age of 16 to study business. He stayed two years, moved to the University of Nebraska to finish up his degree, and emerged from college at age 20 with nearly $10,000 from his childhood businesses.Buffett attended Columbia University for his advanced degree and in 1956, shortly after graduation, he formed the firm Buffett Partnership in his hometown of Omaha. His investment successes, particularly in buying undervalued companies whose stocks shortly began to rise, made him extremely rich and gained him the sobriquet, "Oracle of Omaha." Other notable career success include helping rescue Salomon Brothers from corporate raiders (1987) and taking charge of the New York City house (1992) in the wake of an insider trading scandal. Buffett attended Columbia University for his advanced degree and in 1956, shortly after graduation, he formed the firm Buffett Partnership in his hometown of Omaha. His investment successes, particularly in buying undervalued companies whose stocks shortly began to rise, made him extremely rich and gained him the sobriquet, "Oracle of Omaha." Other notable career successes include helping rescue Salomon Brothers from corporate raiders (1987) and taking charge of the New York City house (1992) in the wake of an insider trading scandal.In June 2006, Buffett made an announcement that he would be giving his entire fortune away to charity, committing 85 percent of it to the Bill and Melinda Gates Foundation. This donation became the largest act of charitable giving in United States history.their twenty year relationship with one another, Astrid and Warren's wedding ceremony on the afternoon of August 30, 2006 was a brief civil ceremony held at the Omaha, Nebraska home of Warren's daughter, Susie. Warren purchased Astrid's wedding ring at Borsheim's Fine Jewelry in Omaha. His daughter helped him decide on which ring to buy.The ceremony lasted 15 minutes and was performed by a local judge. Witnesses to the marriage were Susie Buffett and Astrid's sister.Warren and Astrid celebrated by going to dinner at Bonefish Grill with Susie.Warren and Susan Buffett had three children of Susie Buffett,Howard Graham Buffett and Peter Andrew Buffett.

Warren Buffett Son and Daughter

World Richest Man:
Buffett struck up a friendship with Charles T Munger, a lawyer and investor and Charlie Munger eventually joined Warren at Berkshire Hathaway as his Vice-Chairman, alter ego, and friend. Warren Buffett is always the first to acknowledge the contribution that Charlie Munger has made to Berkshire Hathaway. (Listen to aninterview with Charlie Munger, or read our biography.)
Under Buffett and Munger, Berkshire Hathaway has become an investment giant that wholly owns a number of successful companies that include:
  • Geico Corporation
  • Nebraska Furniture Mart
  • See’s Candy Shops
  • Lubrizol
  • MidAmerican Energy
  • Clayton Homes
  • Shaw Carpets 
The majority of Buffett's considerable fortune was amassed through Berkshire Hathaway, a company for which he is the largest shareholder and CEO. Once ranked as Forbes' wealthiest man in 2008, his net worth was estimated at roughly $44 billion in 2012.Now in his eighties, Buffett recently announced that he is battling prostate cancer. He will begin treatment in July 2012 and expects to be able to fulfill his usual responsibilities at Berkshire Hathaway. "I feel great ... and my energy level is 100 percent," Buffett said in a statement.
In Present 2014 has a Third Richest man in World.His Net Worth $58.2 B.His Source of wealth is Berkshire Hathaway.

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