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Warren Buffett is considered one of the most influential people in the US. Apart from this, he is also one of the richest people in the world. The scope of his work switches from investment in various fields to philanthropy.
Personal life
This businessman was born on August 30 in 1930. He was born in Omaha, Nebraska, United States. He is one of three children, becoming the youngest child and one of the boys. His mother’s name is Leila and his father’s name is Howard. He went to Hill Elementary School. If it must also be mentioned that his father Howard was a very influential person in the US because he was a member of a congress in the US from 1942. In addition, he was a member of the congress in four terms. Because of his father’s work, the whole family needs to move to Washington D.C. And Warren must complete his basic education there by attending the Alice Deal High School. He went to Woodrow Wilson High School and completed it in 1947.
Career
As far as his work career involves, we must mention that his first job includes a position as an investment seller at Buffett-Falk & Co. He worked there from 1951 to 1954. After this, he worked as a securities analyst in Graham-Newman Corp from 1954 to 1956. He then advanced in his career when he became a public partner in Buffett Partnership, Ltd., and he held a position This is from 1956 to 1969. The most important position is the CEO of Berkshire Hathaway Inc. , and he holds this position from 1970. It should be noted that the company’s shares are worth 777 USD when he began to become CEO there and they reached 1,310 USD in 1979. When the company began working on the sale of class A shares, they each – each ended at 7,175 USD. One of the most important highlights includes the purchase of 6.3% of Coca-Cola shares. In addition, he was the person who controlled 2.3 billion an agreement of the USD with Geico and he also invested 5 billion USD in Goldman Sachs.
His motifs
- He always likes to point out that the most important thing is to save money and to save a portion of salary aside from each salary;
- According to him, one of the most important things is to know how to choose people around you, and you do not need more than five people to hang out with;
- He considers lives to be concise and that there is no tie for doing things you do not like. So, a person should choose an occupation he/she wants.
Net worth
In 2022, his net worth was estimated at 86.6 billion USD. It must also be mentioned that he was in third place in the list of the richest people in 2018 and 2019. He was also in the 16th position of the most influential people. He is a homemade billionaire and he is also a generous by giving 35.1 billion USD in a charity.
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