Warren Buffett Biography - Companies, Wife, Children, Net Worth & More

Warren Edward Buffett (/ˈbʌfɪt/ BUFF-itt; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $98 billion as of July 2022, making him the world's eighth-wealthiest person.

Quick Info
Nickname(s)	"Oracle" or "Sage" of Omaha
Profession	Businessman, investor, philanthropist
Date Of Birth	August 30, 1930
Birth Place	Omaha, Nebraska, U.S.

Early Life & Family

Buffett was born in 1930 in Omaha, Nebraska, the second of three children and the only son of Leila (née Stahl) and Congressman Howard Buffett. He began his education at Rose Hill Elementary School. 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, D.C., Warren 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." After finishing high school and finding success with his side entrepreneurial and investment ventures, Buffett wanted to skip college to go directly into business but was overruled by his father.

Summary
Parents	Father - Howard Buffett, Mother - Leila (née Stahl)
Spouse(s)	Susan Thompson (m. 1952; died 2004), Astrid Menks (m. 2006)

Hobbies & Interests

Buffett Enjoys Affordable Hobbies But compared to other famous CEOs, investors and entrepreneurs, Buffett's hobbies are much more affordable. For example, he enjoys playing bridge. “If I play bridge and a naked woman walks by, I don't even see her,” laughed Buffett during a CBS News “Sunday Morning” interview.

Summary
Favorite stock	Apple Inc.
Favorite Book	The Intelligent Investor REV Ed.

Education & Career

Buffett worked from 1951 to 1954 at Buffett-Falk & Co. as an investment salesman; from 1954 to 1956 at Graham-Newman Corp. as a securities analyst; from 1956 to 1969 at Buffett Partnership, Ltd. as a general partner; and from 1970 as chairman and CEO of Berkshire Hathaway Inc. In 1951, Buffett discovered that Graham was on the board of GEICO insurance. Taking a train to Washington, D.C., on a Saturday, he knocked on the door of GEICO's headquarters until a janitor admitted him. There he met Lorimer Davidson, GEICO's vice president, and the two discussed the insurance business for hours. Davidson would eventually become Buffett's lifelong friend and a lasting influence, and would later recall that he found Buffett to be an "extraordinary man" after only fifteen minutes. Buffett wanted to work on Wall Street but both his father and Ben Graham urged him not to. He offered to work for Graham for free, but Graham refused.

Summary
College	University of Pennsylvania University of Nebraska–Lincoln (BS) Columbia University (MS)
Political party	Democratic

Personal Life

In 1949, Buffett was infatuated with a young woman whose boyfriend had a ukulele. In an attempt to compete, he bought one of the instruments and has been playing it ever since. Though the attempt was unsuccessful, his music interest was a key part of his becoming a part of Susan Thompson's life and led to their marriage. Buffett often plays the instrument at stockholder meetings and other opportunities. His love of the instrument led to the commissioning of two custom Dairy Queen ukuleles by Dave Talsma, one of which was auctioned for charity.

Summary
Spouse(s)	Susan Thompson (m. 1952; died 2004), Astrid Menks (m. 2006)
Children	Susan Alice Buffett, Howard Graham Buffett, Peter Buffett
Relatives	Howard Warren Buffett (grandson), Doris Buffett (sister)

Lifestyle

CEO, lives a modest lifestyle despite his net worth of around $108.9 billion (as of May 24, 2021). 1 He purchased a five-bedroom house in Omaha in 1958 for $31,500 and has lived there ever since. Buffett spends little. He only recently relinquished his flip phone, and reportedly does not have a computer in his office.