Warren Buffett is an American Businessman who is the fourth richest man in the World. He is known as the CEO and the dominant shareholder of Berkshire Hathaway. He has also taken the promise of the ‘The Giving Pledge.’ He owns several coal mines, renewal energy firms shares, merchandise and consuming goods. Let’s find out more about how much is Warren Buffett’s net worth in 2018.
Warren Buffett Early Life
Warren Edward Buffett was born in 1930 on 30th August in Nebraska, the USA to Leila Stahl Buffett and Howard Buffett. Warren was born and raised in a wealthy family.
He completed his schooling from Woodrow Wilson High School and Wharton School of the University of Pennsylvania. Later he graduated from the University of Nebraska and then went to Columbia Business School. He developed an interest in investment and business at an early age of just 7 after reading a book titled ‘One Thousand Ways to Make $1000’.
He spent most of his childhood years as an entrepreneurial, where he sold the door-to-door magazine, candy and chewing gum to people. As he started growing up and gaining the knowledge of stock brokerage, he started investing in them.
He has married twice in his life. He married his first wife, Susan Thompson in 1952, who died in 2004. The couple had three children named Peter Buffett, Susan Alice Buffett and Howard Graham Buffett together. In 2006, he married his second wife named Astrid Menks. Warren Buffett also has a grandson named Howard Warren Buffett.
Warren Buffett Career
Warren Buffett started his professional journey in 1951. He worked with Buffett-Falk & Co during this time till 1954. In 1970 he became the CEO and chairman of Berkshire Hathaway Inc. Warren also kept on investing in stock market and even worked as a stockbroker for some time, which helped him in gaining an in-depth understanding of the stock exchange market.
In 1962, Warren officially became a Billionaire, will the help of his partnerships. He took control of Berkshire Hathaway through his investment in the company. Later his fortuned was fueled in the 1990s when his company started selling ‘A’ class shares.
Some of the brands which are currently owned by Warren Buffett include Heinz, Fruit of the Loom, Benjamin Moore, Geico, Nebraska Furniture Mart, Broheims Fine Jewelry and Gifts, NetJets, The Pampered Chef, See’s Candies, and Dairy Queen.
Warren Buffett also likes to share his wealth with the underprivileged section of the society, by offering them an opportunity for them to grow in their life. In 2010, Buffett also signed the ‘Giving Pledge’ that is a promise made by all the Billionaires in the world to donate half of their net worth to charity.
Awards & Achievements
Warren Buffett hasn’t received many awards in his career, but he definitely deserves one for his excellence in making investing. Plus who needs awards when he is getting rewards that to worth Billion dollars. Warren Buffett has won the prestigious ‘Presidential Medal of Freedom.’
Net Worth of Warren Buffett
Warren Buffett has an estimated net worth of over $80.7 billion. He has an annual salary of over $100,000 according to Wikipedia.com. He makes millions every month from his investments as well as other projects. His businesses also help him in making a million dollar revenue every year.
Warren Buffett is an extraordinary business magnate. He is one of the wealthiest and most successful investors on the planet. He is an amazing example, of own if we put our soul and heart into something, it can benefit us. It’s his keen passion to make $1000 while reading that book at the age of 7 which have helped him in becoming the fourth richest person in the world.