63 Facts About Warren Buffett

1. Warren Buffett is currently the chairman and CEO of Berkshire Hathaway.

2. Warren Buffett is one of the most successful investors in the world and has a net worth of over $97 billion as of September 2022, making him the world's seventh-wealthiest person.

3. Warren Buffett developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19.

4. Warren Buffett went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham.

5. Warren Buffett attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham.

6. Warren Buffett created Buffett Partnership, Ltd in 1956 and his firm eventually acquired a textile manufacturing firm called Berkshire Hathaway, assuming its name to create a diversified holding company.

7. Warren Buffett founded The Giving Pledge in 2010 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.

8. Warren Buffett was born in 1930 in Omaha, Nebraska, the second of three children and the only son of Leila and Congressman Howard Warren Buffett.

9. Warren Buffett began his education at Rose Hill Elementary School.

10. In 1942, his father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, DC, Warren Buffett finished elementary school, attended Alice Deal Junior High School and graduated from what was then Woodrow Wilson High School in 1947, where his senior yearbook picture reads: "likes math; a future stockbroker.

11. Warren Buffett was inspired by a book he borrowed from the Omaha public library at age seven, One Thousand Ways to Make $1000.

12. In one of his first business ventures, Warren Buffett sold chewing gum, Coca-Cola bottles, and weekly magazines door to door.

13. On his first income tax return in 1944, Warren Buffett took a $35 deduction for the use of his bicycle and watch on his paper route.

14. At 15, Warren Buffett made more than $175 monthly delivering Washington Post newspapers.

15. Warren Buffett bought the land when he was 14 years old with $1,200 of his savings.

16. In 1947, Warren Buffett entered the Wharton School of the University of Pennsylvania.

17. Warren Buffett studied there for two years and joined the Alpha Sigma Phi fraternity.

18. Warren Buffett earned a Master of Science in economics from Columbia in 1951.

19. In 1951, Warren Buffett discovered that Graham was on the board of GEICO insurance.

20. Warren Buffett wanted to work on Wall Street but both his father and Ben Graham urged him not to.

21. Warren Buffett offered to work for Graham for free, but Graham refused.

22. In 1954, Warren Buffett accepted a job at Benjamin Graham's partnership.

23. Warren Buffett was adamant that stocks provide a wide margin of safety after weighing the trade-off between their price and their intrinsic value.

24. Warren Buffett purchased a five-bedroom stucco house in Omaha, where he still lives, for $31,500.

25. In 1959, the company grew to six partnerships and Warren Buffett met future partner Charlie Munger.

26. Warren Buffett explained that Sanborn stock sold for only $45 per share in 1958, but the company's investment portfolio was worth $65 per share.

27. In 1962, Warren Buffett became a millionaire because of his partnerships, which in January 1962 had an excess of $7,178,500, of which over $1,025,000 belonged to Warren Buffett.

28. Warren Buffett invested in and eventually took control of a textile manufacturing firm, Berkshire Hathaway.

29. Warren Buffett took control of Berkshire Hathaway at a board meeting and named a new president, Ken Chace, to run the company.

30. In 1970, Warren Buffett began writing his-famous annual letters to shareholders.

31. Warren Buffett lived solely on his salary of $50,000 per year and his outside investment income.

32. Warren Buffett became close friends with Katharine Graham, who controlled the company and its flagship newspaper and joined its board.

33. In 2007, in a letter to shareholders, Warren Buffett announced that he was looking for a younger successor, or perhaps successors, to run his investment business.

34. Warren Buffett called the downturn in the financial sector that started in 2007 "poetic justice".

35. In 2009, Gates regained the top position on the Forbes list, with Warren Buffett shifted to second place.

36. In March 2009, Warren Buffett said in a cable television interview that the economy had "fallen off a cliff.

37. Warren Buffett said the unpredictability and the effects of COVID-19 are far from over.

38. Warren Buffett is recognized by communicators as a great story-teller, as evidenced by his annual letters to shareholders.

39. Warren Buffett is skeptical that active management can outperform the market in the long run, and has advised both individual and institutional investors to move their money to low-cost index funds that track broad, diversified stock market indices.

40. In 1949, Warren Buffett developed a crush on a young woman whose boyfriend had a ukulele.

41. Warren Buffett continued to live in the same house in the central Dundee neighborhood of Omaha that he bought in 1958 for $31,500, a fraction of today's value.

42. Warren Buffett owned a vacation home in Laguna Beach, California, which he purchased for $150,000 in 1971.

43. Warren Buffett is an avid bridge player, which he plays with fellow fan Gates—he is said to spend 12 hours a week playing the game.

44. Warren Buffett watched the 2009 game against Oklahoma from the Nebraska sideline, after being named an honorary assistant coach.

45. Warren Buffett was elected to the American Philosophical Society in 2009.

46. Warren Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment.

47. Warren Buffett was raised as a Presbyterian, but has since described himself as agnostic.

48. Warren Buffett is very distantly related to the 44th president of the United States, Barack Obama.

49. In 2008, Warren Buffett was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion.

50. In 1999, Warren Buffett was named the top money manager of the Twentieth Century in a survey by the Carson Group, ahead of Peter Lynch and John Templeton.

51. Warren Buffett joined the Gates Foundation's board, but did not plan to be actively involved in the foundation's investments.

52. Warren Buffett announced his resignation as a trustee of the Gates Foundation on June 23, 2021.

53. Warren Buffett was supportive of his sister Doris Buffett's Letters Foundation and Learning By Giving Foundation.

54. On July 2, 2008, Warren Buffett attended a $28,500 per plate fundraiser for Obama's campaign in Chicago.

55. Warren Buffett intimated that John McCain's views on social justice were so far from his own that McCain would need a "lobotomy" for Warren Buffett to change his endorsement.

56. On December 16, 2015, Warren Buffett endorsed Democratic candidate Hillary Clinton for president.

57. On October 10, 2016, after a reference to him in the second presidential debate, Warren Buffett released his own tax return.

58. Warren Buffett described the health care reform under President Barack Obama as insufficient to deal with the costs of health care in the US, though he supports its aim of expanding health insurance coverage.

59. Warren Buffett compared health care costs to a tapeworm, saying that they compromise US economic competitiveness by increasing manufacturing costs.

60. Warren Buffett cited Atul Gawande's 2009 article in the New Yorker as a useful consideration of US health care, with its documentation of unwarranted variation in Medicare expenditures between McAllen, Texas and El Paso, Texas.

61. Warren Buffett raised the problem of lobbying by the medical industry, saying that they are very focused on maintaining their income.

62. In 2007, Warren Buffett testified before the Senate and urged them to preserve the estate tax so as to avoid a plutocracy.

63. In May 2012, Warren Buffett said he had avoided buying stock in new social media companies such as Facebook and Google because it is hard to estimate future value.