What is Warren Buffett Net Worth?

Warren Buffett Net Worth is US$ 109.3 Billion as of 2022.

Net WorthUS$ 109.3 Billion
Born:August 30, 1930 (92 Years)
Birth NameWarren Edward Buffett
GenderMale
Height5′ 10″ (1.78 m)
HoroscopeVirgo
Country of OriginThe U.S.
Source of WealthChairperson of Berkshire Hathaway
Marital StatusMarried
SpouseAstrid Menks (m. 2006) Susan Thompson (m. 1952; died 2004)​
ChildrenSusan Alice Buffett (Daughter), Howard Graham Buffett (Son), Peter Buffett (Son)
Famous ForOracle of Omaha

Biography

Warren Buffett an American investor, business magnate, and philanthropist. He is regarded as the most significant and successful investor worldwide. Since 1970, Buffett has been chairman and largest shareholder at Berkshire Hathaway. He’s also one of the wealthiest person in the world. Warren was a white knight at large during the recession of the late 2000s. He saved Goldman Sachs and General Electric while refusing to be rescued by Lehman Brothers Holdings. In 2009, he made a significant bet on America’s economy by buying Burlington Northern Santa Fe at $34 billion. His net worth exceeds $118 billion as of January 2023, which makes him the sixth-wealthiest person in the world.

Timeline

1941

Buffett bought his first stock – 6 shares of Cities Service (now known as CITGO – an Oil company) at $38 per share.

1943

Buffett files his first tax return and deducts his bike as a work expense for $35.

1945

Buffett made $175 a month selling Washington Post newspapers and saved $1200 to buy 40-acre farmland in Omaha, Nebraska.

1954

Benjamin Graham called Buffett again and offered him a job for $12,000 a year. During this period, Buffett also worked closely with Walter Schloss.

1959

Buffett was introduced to Charlie Munger by his friend Edwin Davis at a dinner. Charlie Munger later becomes the Vice Chairman of Berkshire Hathaway.

1962

Buffett partnerships were worth $7.2 million. Buffett then merges all associations into one and renames it Buffett Partnerships Ltd.

1975

Buffett merges Berkshire and Diversified – the firm controlled by Munger. Munger got 2% stock of Berkshire and became its vice chairman.

1985

Buffett shuts down Berkshire Hathaway’s textile business. Buffett was forced to leave the board of the Washington Post, as the legislation prohibited him from sitting on the boards of both Capital Cities and Washington Post.

1995

Berkshire acquired Helzberg’s Diamond Shops and R. C. Willey.

2003

Berkshire acquired McLane, Clayton Homes, and Burlington Industries, one of the world’s most diversified marketers and manufacturers of soft goods for apparel and interior furnishings.

2008

Berkshire bought out Marmon Holdings, and Coachmen Industries became part of Forest River. Berkshire bought $4.4b in bonds from Mars Inc. He makes a $680m profit off the investment.

Early Life

Warren Buffett was born on August 30, 1930, in Omaha. He is the second of three siblings; he started his education at Rose Hill Elementary School. His father was elected in 1942 to the first four terms of the United States Congress. Warren moved to Washington, D.C., with his family. He attended elementary school, graduated from Alice Deal Junior High School in 1947, and then went to Woodrow Wilson High School.

After completing high school and succeeding in his investment and entrepreneurial ventures, Buffett decided to leave college and go straight into business, but his father used to overrule him. Buffett was enrolled at the Wharton School of the University of Pennsylvania in 1947. He moved to Nebraska and received a Bachelor of Science in Business Administration. Buffett had hoped to attend Harvard Business School. However, he was denied admission. Later, Buffett enrolled in Columbia Business School. Columbia University awarded him a Master of Science degree in Economics in 1951.

Career

Once graduating from Columbia University, he worked as a financing broker for Buffett-Falk & Co. He started giving training on “Investment Principles” and thought of putting money into a gas station, but he lost the gas station. However, Benjamin Graham, a respected businessman, and investor, was attracted to his business acumen. Graham is also one of Buffet’s former professors. Buffett moved to Graham-Newman Corp. as a safekeeping analyst. Buffett learned much from Graham over his four years of employment. But he also recognized that he was more likely to take on risk as an investment analyst than his chief. Buffett bought almost $174,000 he would be saved at Graham-Newman to start Buffett Partnership Ltd. In the three years that followed, he developed his company from three partners to six. In the two years that followed, the number was almost twice. By 1962, Buffett was a genuine millionaire.

Buffett started a series of aggressive investments, takeovers, and restructuring moves after he took over Berkshire Hathaway’s textile manufacturing company. Buffett established his reputation as an investor to be followed. Warren seemed to have everything in his grasp. He could buy stock in unrecognized companies and ride the rise in their treasures to greater profits. His company traded at $775 in 1979 and had shares of $1310 by the end of the year. He was worth $620 million by the time he retired in the early 1980s. He bought stock in many businesses, counting the Washington Post Company and Capital Cities. The Salomon Brothers were his most successful business as the Coca-Cola Company. He was a tycoon by 1990. His shares in Berkshire Hathaway were valued at $7,175 each.

Buffett is known for his investment in products that he consumes. He holds Fruit of the Loom for the sample because he loves their underwear and shirts. Warren became famous when his love for a particular suit brand led to him investing in Trands Co, a Chinese company. The brand is loved by many, including Hu Jintao, the former Chinese President, and Bill Gates, the billionaire. Berkshire Hathaway, the CEO of financial powerhouse Berkshire Hathaway, also created a video to celebrate the 30th anniversary of the apparel company. They were able to chat about their nine Trands suits.

Warren BuffettNet Worth Growth

A small description of how Warren Buffett’s net worth grew over the past years

Net Worth in 2022US$ 118 Billion
Net Worth in 2021US$ 96 Billion
Net Worth in 2020US$ 67.5 Billion
Net Worth in 2019US$ 82.5 Billion
Net Worth in 2018US$ 84 Billion
Net Worth in 2017US$ 75.6 Billion
Net Worth in 2016US$ 60.8 Billion
Net Worth in 2015US$ 72.7 Billion
Net Worth in 2014US$ 58.2 Billion
Net Worth in 2013US$ 53.5 Billion

Warren Buffett’s net worth was US$ 53.5 bn in 2013, which was increased to US$ 118 billion in 2022.

Highlights

Here are some of the best highlights of Warren Buffett’s career:

  • Warren took control over Berkshire Hathaway in 1965.
  • Became Chairman and CEO of Berkshire Hathaway in 1970.
  • Berkshire acquired 6.3% of Coca-Cola in 1989.
  • Berkshire took complete control of GEICO in a $2.3 billion deal in 1996.
  • Wrote a Carol J. Loomis, Tap Dancing to Work: Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book.

Favorite Quotes from Warren Buffett

Favorite Quote 1 from Warren Buffett

“The best chance to deploy capital is when things are going down.”

Warren Buffett
Favorite Quote 2 from Warren Buffett

“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”

– Warren Buffett
Favorite Quote 3 from Warren Buffett

“Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

– Warren Buffett
Favorite Quote 4 from Warren Buffett

“Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”

Warren Buffett
Favorite Quote 5 from Warren Buffett

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

Warren Buffett

Key Life Lesson from Warren Buffett

Now we have an overview of Warren Buffett’s net worth, work done, biography, and early life.

Let’s glance at some of his lessons.

Invest in companies that you understand.

You should never again shake hands with the same person if you only get four fingers back from someone you have shaken hands with.

Be fearful when others are greedy, and be greedy when others are fearful.

It is time to be cautious, as many companies are attractive based on their past returns. Even the market sentiment is positive, and many investors are willing to invest.

Frequently Asked Questions

What is the Salary of Warren Buffett?

Warren Buffett earns an estimated salary of $8 Billion Per Year.

What has Warren Buffett announced according to Warren Buffett’s Net Worth?

Warren Buffett has announced that he will donate 99% of his wealth to charity after his death.

In which companies did Warren Buffett invest?

Warren Buffett has invested in many companies few of them are listed: Bank of America (BAC) and Kraft Heinz (KHC), as well as Coca-Cola (KO) and American Express (AXP).

Summary

Warren Edward Buffett is an American business magnate, investor, and philanthropist who is the chairman and CEO of Berkshire Hathaway and one of the world’s wealthiest people. He is known as the “Oracle” or “Sage” of Omaha and is renowned for his loyalty to value investing and personal thrift. Buffett is also a philanthropist, having vowed to give away 99% of his wealth and initiated The Giving Pledge in 2010 with Bill Gates. The estimated net worth of Warren Buffett is 109.3 Billion as of January 2023.

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