Warren Buffett is a highly successful American investor and philanthropist. He is the chairman and CEO of Berkshire Hathaway and is renowned as one of the world's best investors. His net worth is estimated to be around $149.6 billion as of February 2025, making him one of the wealthiest individuals globally.
On August 30, 1930, Warren Edward Buffett was born in Omaha, Nebraska. He would later become a renowned investor and philanthropist.
In 1942, Howard Buffett, Warren Buffett's father, was elected to the United States Congress, leading the family to move to Washington, D.C.
In 1944, Warren Buffett filed his first income tax return, taking a $35 deduction for the use of his bicycle and watch on his paper route, highlighting his early business ventures.
In 1945, Warren Buffett, as a high school sophomore, and a friend purchased a used pinball machine and started a business, eventually owning multiple machines across Omaha.
In 1947, Buffett enrolled in the Wharton School of the University of Pennsylvania to study business, before transferring to the University of Nebraska.
In 1947, Warren Buffett graduated from Woodrow Wilson High School and wanted to go directly into business but was overruled by his father.
In 1949, Warren Buffett bought a ukulele to impress a young woman, which, though initially unsuccessful in its romantic aim, led to a lifelong love of the instrument.
In the spring of 1950, Buffett was rejected by Harvard Business School.
From 1951, Warren Buffett began working as an investment salesman at his father's firm, Buffett-Falk & Co.
In 1951, Warren Buffett graduated from Columbia Business School with a Master of Science in economics, influenced by Benjamin Graham's teachings.
In 1951, Warren Buffett visited GEICO's headquarters and met Lorimer Davidson, leading to his first purchase of GEICO stock, marking a significant investment decision.
In 1952, Warren Buffett married Susan Thompson at Dundee Presbyterian Church.
In 1954, Buffett started working as a securities analyst at Graham-Newman Corp., furthering his investment career.
In 1954, Warren Buffett accepted a job at Benjamin Graham's partnership, marking a pivotal moment in his early career.
In 1954, Warren Buffett and Susan Thompson had their second child, their son Howard.
In 1956, Benjamin Graham retired and closed his partnership; Warren Buffett returned to Omaha and started a series of investment partnerships.
In 1956, Warren Buffett became the general partner in several investment partnerships, demonstrating his growing influence in the investment world.
In 1956, Warren Buffett created Buffett Partnership Ltd., marking a significant step in his investment career.
In 1957, Warren Buffett operated three investment partnerships, showcasing his growing entrepreneurial success.
In 1958, Sanborn stock sold for only $45 per share, but the company's investment portfolio was worth $65 per share.
In 1958, Warren Buffett and Susan Thompson had their third child, their son Peter.
In 1958, Warren Buffett purchased a five-bedroom stucco house in Omaha for $31,500, where he continues to reside as of 2023.
In 1959, Warren Buffett met Charlie Munger, who would later become his partner.
In 1961, Buffett revealed that 35% of the partnerships' assets were invested in the Sanborn Map Company.
In 1962, Warren Buffett became a millionaire due to the success of his partnerships.
In 1965, Buffett's partnerships purchased Berkshire Hathaway shares aggressively, and he took control of the company.
In 1966, Buffett closed his partnership to new money, a decision made before shifting the business into the insurance sector.
In 1967, Berkshire Hathaway paid out its first and only dividend of 10 cents.
In 1969, Warren Buffett ended his run as general partner of his investment partnerships.
In 1969, Warren Buffett liquidated the partnership and transferred their assets to his partners including shares of Berkshire Hathaway.
In 1970, Buffett assumed the role of chairman and CEO of Berkshire Hathaway Inc., a position he held for decades.
In 1970, Buffett became the chairman and majority shareholder of Berkshire Hathaway, transforming it into a diversified holding company.
In 1971, Warren Buffett purchased a vacation home in Laguna Beach, California, for $150,000.
In 1973, Berkshire Hathaway began acquiring stock in the Washington Post Company.
In 1974, the SEC opened a formal investigation into Buffett and Berkshire's acquisition of Wesco Financial, due to possible conflict of interest, but no charges were brought.
In 1977, Berkshire indirectly purchased the Buffalo Evening News for $32.5 million, leading to antitrust charges.
In 1977, Buffett commented on stocks, gold, farmland, and inflation.
In 1977, Warren Buffett and his wife Susan Thompson began living separately, though they remained married.
In 1977, Warren Buffett's wife, Susan, departed to San Francisco to pursue her singing career.
In 1978, Charlie Munger joined Warren Buffett as vice-chairman of Berkshire Hathaway, beginning their long-time business partnership.
In 1982, the Buffalo Courier-Express folded, after antitrust charges and financial losses.
On March 18, 1985, Capital Cities announced a $3.5 billion purchase of ABC, with Buffett helping to finance the deal in return for a 25% stake.
In 1985, Warren Buffett appeared in Adam Smith's Money World, reportedly being his first television appearance.
In 1985, the last of the mills that had been the core business of Berkshire Hathaway was sold, marking a shift in the company's focus.
In 1987, Berkshire Hathaway purchased a 12% stake in Salomon Inc., making Warren Buffett a director.
In 1987, during the RJR Nabisco, Inc., hostile takeover fight, Buffett was quoted as telling John Gutfreund.
In 1988, Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion.
In 1989, Warren Buffett acquired a private jet for Berkshire Hathaway for approximately $6.7 million, later naming it "The Indefensible".
In 1990, a scandal involving John Gutfreund surfaced at Salomon Brothers, leading to consequences for the company and Warren Buffett's involvement.
In August 1991, John Gutfreund left Salomon Brothers after a scandal, and Buffett became chairman of Salomon until the crisis passed.
At Berkshire Hathaway Inc.'s 1994 annual meeting, Buffett commented on investments in tobacco.
In 1998, Buffett acquired General Re (Gen Re) as a subsidiary, a deal that presented underwriting and derivatives challenges.
In a 1998 address at Harvard, Buffett was critical of gold as an investment, with his critique being based primarily on its non-productive nature.
In his November 1999 Fortune article, Warren Buffett warned investors of unrealistic expectations in the market.
In 1999, Buffett was named the Top Money Manager of the Twentieth Century in a survey by the Carson Group.
Prior to mid-1999, Warren Buffett sold his private jet, named "The Indefensible."
Buffett stated that repealing inheritance tax would be like "choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics".
In 2001, he owned a Lincoln Town Car which he later auctioned for charity.
In 2002, Buffett became involved with Maurice R. Greenberg at AIG, and Gen Re later provided reinsurance.
In 2002, Buffett began serving as an advisor at the Nuclear Threat Initiative in Washington, and pledged $50 million.
In 2002, Warren Buffett entered into $11 billion worth of forward contracts to deliver U.S. dollars against other currencies.
In 2002, the trade deficit induced Buffett to enter the foreign currency market for the first time.
In 2003, Buffett was a financial advisor to Republican candidate Arnold Schwarzenegger during the California gubernatorial election.
In July 2004, Warren Buffett's wife, Susan Thompson Buffett, passed away.
At the 2004 annual meeting, Buffett criticized a bill before the United States Congress regarding company-issued stock options compensation, likening it to an attempt to legislate the value of Pi.
In 2004, the bulk of his wife's estate, valued at $2.6 billion, went to his Buffett Foundation after her death.
On March 15, 2005, the AIG board forced Greenberg to resign from his post as chairman and CEO after New York state regulators claimed that AIG had engaged in questionable transactions and improper accounting.
In 2005, Buffett substantially reduced his stake in the foreign currency market.
On February 9, 2006, AIG agreed to pay a $1.6 billion fine following investigations into accounting fraud.
By April 2006, Buffett's total gain on currency contracts was over $2 billion.
In June 2006, Buffett announced a plan to give 83% of his fortune to the Bill & Melinda Gates Foundation.
In June 2006, Warren Buffett announced that he would gradually give away 85% of his Berkshire holdings to five foundations, with the largest contribution going to the Bill and Melinda Gates Foundation.
On June 23, 2006, Buffett pledged the equivalent of 10 million Berkshire Hathaway Class B shares to the Bill & Melinda Gates Foundation, worth approximately $30.7 billion.
In July 2006, Buffett began giving away Berkshire holdings to five foundations, starting with the Bill and Melinda Gates Foundation.
In December 2006, reports indicated Buffett did not use a mobile phone or have a computer at his desk, and he drove his own car.
In 2006, Buffett auctioned his 2001 Lincoln Town Car on eBay to raise money for Girls, Inc.
In 2006, Buffett stated that he only paid 19% of his income in federal taxes while his employees paid 33% of theirs.
In 2006, Warren Buffett disowned his son Peter's adopted daughter, Nicole, after she participated in a documentary about economic inequality.
In 2006, Warren Buffett sponsored a bridge match called the Buffett Cup, modeled after the Ryder Cup in golf.
In 2006, Warren Buffett's annual salary was approximately $100,000.
In 2006, on his 76th birthday, Warren Buffett married his longtime companion, Astrid Menks.
In 2007, Buffett auctioned a luncheon with himself that raised $650,100 for the Glide Foundation.
In 2007, Buffett supported the hire of Bo Pelini for Nebraska football, expressing a need for change.
In 2007, Buffett testified before the Senate and urged them to preserve the estate tax to avoid a plutocracy.
In 2007, Buffett was listed among Time's 100 Most Influential People in the world.
In 2007, Buffett's PacifiCorp, a subsidiary of his MidAmerican Energy Company, canceled six proposed coal-fired power plants due to pressure from regulators and citizen groups.
In 2007, Warren Buffett faced criticism during the subprime mortgage crisis, part of the Great Recession, for allocating capital too early, resulting in suboptimal deals. He also referred to the downturn in the financial sector that started in 2007 as "poetic justice".
In 2007, Warren Buffett made a bet that a simple S&P 500 index fund would outperform hedge funds charging high fees, advocating for index funds for those uninterested in managing their own money.
In 2007, in a letter to shareholders, Buffett announced that he was looking for a younger successor, or perhaps successors, to run his investment business.
On July 2, 2008, Buffett attended a $28,500 per plate fundraiser for Barack Obama's campaign in Chicago.
On September 23, 2008, Berkshire Hathaway acquired 10 percent of perpetual preferred stock of Goldman Sachs, marking a significant investment during the financial crisis.
In October 2008, Buffett invested $230 million for 10% of battery maker BYD Company, which runs a subsidiary of electric automobile manufacturer BYD Auto. This investment reaped over a 500% return in less than one year.
In October 2008, USA Today reported that at least 47 books were in print with Buffett's name in the title.
In October 2008, it was reported that Warren Buffett had agreed to buy General Electric (GE) preferred stock with special incentives, including an option to buy three billion shares of GE stock and receiving a 10% dividend.
In 2008, Buffett was ranked by Forbes as the richest person in the world, with a net worth of approximately $62 billion.
In 2008, Warren Buffett penned an opinion piece for the New York Times titled "Buy American. I am." In Q3 2008, Berkshire Hathaway experienced a 77% drop in earnings, and some later deals suffered significant mark-to-market losses.
In 2008, Warren Buffett's total compensation was $175,000, including a base salary of $100,000.
In February 2009, Warren Buffett sold some Procter & Gamble Co. and Johnson & Johnson shares from his personal portfolio, raising questions about the timing and wisdom of keeping certain holdings.
In March 2009, during a television interview, Warren Buffett stated that the economy had "fallen off a cliff" and that people had significantly changed their habits. He also expressed concerns about a potential resurgence of inflation from the 1970s.
As of June 2009, Berkshire Hathaway was the eighteenth largest corporation in the world, measured by market capitalization in the Financial Times Global 500.
In 2009, Bill Gates regained the top position on the Forbes list, with Warren Buffett shifting to second place, as both men's values decreased due to economic conditions.
In 2009, Buffett cited Atul Gawande's article in the New Yorker as a useful consideration of US health care.
In 2009, Buffett met with several other billionaires to discuss healthcare, education, and slowing population growth.
In 2009, Buffett was named an honorary assistant coach and watched a Nebraska game from the sideline. He was also elected to the American Philosophical Society in 2009.
In 2009, Ralph Nader's book featured Warren Buffett leading a movement of billionaires to clean up America. Buffett invited Nader to breakfast after the book came out and was "quite intrigued by the book".
In 2009, Warren Buffett divested his failed investment in ConocoPhillips, citing it to Berkshire investors.
In 2009, Warren Buffett sold shares of Johnson and Johnson. The sale totaled $80 million in value. This was later highlighted in a ProPublica article.
In 2009, after donating billions to charity, Buffett was ranked as the second richest man in the United States, with a net worth of $37 billion.
In June 2010, Warren Buffett defended the credit-rating agencies for their role in the U.S. financial crisis.
On December 9, 2010, Buffett, Bill Gates, and Mark Zuckerberg signed the "Gates-Buffett Giving Pledge", promising to donate at least half of their wealth to charity.
In 2010, Buffett made a cameo appearance in the film Wall Street: Money Never Sleeps.
In 2010, Buffett said that it was not sustainable for the U.S. to devote 17% of its GDP to healthcare expenditure.
In 2010, Buffett, along with Bill Gates, was named the most influential global thinker in Foreign Policy's report.
In 2010, Warren Buffett co-founded the Giving Pledge with Bill Gates, encouraging billionaires to donate at least half of their wealth to philanthropic causes.
In 2010, the U.S. government agreed to a $92 million settlement with Gen Re, allowing the Berkshire Hathaway subsidiary to avoid prosecution in the AIG case.
On March 18, 2011, Goldman Sachs received Federal Reserve approval to buy back Berkshire's preferred stock in Goldman, a move Buffett was initially reluctant about due to the significant dividend income.
In November 2011, it was announced that over the previous eight months, Warren Buffett had invested approximately $11 billion in 64 million shares of International Business Machine Corp (IBM) stock, a surprising move given his previous reluctance to invest in technology.
In 2011, Buffett's company acquired the Omaha World Herald, a newspaper he reads daily.
In 2011, President Barack Obama awarded Buffett the Presidential Medal of Freedom.
On April 11, 2012, Buffett was diagnosed with stage I prostate cancer during a routine test and announced he would begin radiation treatment.
In May 2012, Buffett explained that he had avoided investing in high-technology companies like Facebook and Google due to their complexity and the difficulty in estimating their future value. He also advised against investing in initial public offerings (IPOs).
In May 2012, Warren Buffett's acquisition of Media General, which included 63 newspapers in the south-eastern U.S., was announced, marking his second news print purchase in one year.
On September 15, 2012, Buffett announced that he had completed his 44-day radiation treatment cycle.
In 2012, Warren Buffett sold shares of Walmart and Wells Fargo. The sale totaled $80 million in value. This was later highlighted in a ProPublica article.
At the Berkshire shareholders meeting in May 2013, Warren Buffett explained that he did not expect to "move the needle" at Berkshire with newspaper acquisitions, but he anticipated an annual return of 10 percent.
On July 18, 2013, it was announced that the Press of Atlantic City would be sold to Warren Buffett's BH Media Group, becoming Berkshire's 30th daily newspaper.
As of September 2013, Buffett's net worth had risen to $58.5 billion.
In late September 2013, during a presentation at Georgetown University, Warren Buffett compared the U.S. Federal Reserve to a hedge fund and discussed wealth equality.
In 2013, it was revealed that Buffett used an old Nokia flip phone and had only sent one email in his life.
On August 14, 2014, Berkshire Hathaway's share price reached $200,000 for the first time, capitalizing the company at $328 billion.
On August 20, 2014, Berkshire Hathaway was fined $896,000 for failing to report the December 9, 2013 purchase of shares in USG Corporation as required.
On December 16, 2015, Buffett endorsed Democratic candidate Hillary Clinton for president.
In 2015, Warren Buffett made a cameo appearance in the TV program Entourage.
On August 1, 2016, Buffett challenged Donald Trump to release his tax returns.
On October 10, 2016, Buffett released his own tax return, showing he paid $1.85 million in federal income taxes on an adjusted gross income of $11.6 million.
In April 2017, Buffett agreed to have his likeness placed on Cherry Coke products in China without compensation.
By 2017, the S&P 500 index fund had outperformed every hedge fund that bet against Warren Buffett, proving his point about the advantages of low-cost index funds.
In 2017, Buffett was the subject of the HBO documentary feature Becoming Warren Buffett.
In January 2018, Buffett commented on Bitcoin and other cryptocurrencies, saying the craze would "not end well" and called it "rat poison squared."
At Berkshire Hathaway's 2018 shareholder meeting, Buffett stated he uses Google as his preferred search engine.
In 2018, Warren Buffett sold his vacation home in Laguna Beach for $7.5 million.
In 2018, after making almost $3.4 billion in donations, Buffett was ranked 3rd in the Forbes' List of Billionaires.
In February 2020, Buffett revealed in a CNBC interview that he had traded in his flip phone for an iPhone 11.
Buffett has said he would judge President Donald Trump by his results on national safety, economic growth and economic participation when deciding if he would vote for him in the 2020 presidential election.
Buffett stated that repealing inheritance tax would be like "choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics".
In June 2021, Buffett stated that the economic impact of the COVID-19 pandemic had increased economic inequality. He also said that the markets and the economy would likely be unpredictable during the post-pandemic recovery.
On June 23, 2021, Buffett announced his resignation as a trustee of the Gates Foundation.
In November 2022, Buffett donated $750 million in Berkshire Hathaway shares to four charitable foundations run by his children.
By 2022, Warren Buffett and his adopted granddaughter, Nicole, had reconciled.
In September 2023, Buffett's longtime friend, singer-songwriter Jimmy Buffett, passed away. The two would often refer to one another as "Uncle Warren" and "Cousin Jimmy".
As of 2023, Buffett has given over $50 billion to charitable causes.
In 2023, a ProPublica article based on leaked IRS data alleged that Warren Buffett made equity trades in his personal portfolio involving companies that Berkshire Hathaway bought or sold, raising concerns about conflicts of interest.
In 2023, the equivalent value of the Omaha house he purchased in 1958 would be $341,723.
As of February 2025, Warren Buffett's estimated net worth was $149.6 billion, making him the seventh richest individual in the world.