Warren Buffett, a highly successful American investor and philanthropist, is renowned as the chairman and former CEO of Berkshire Hathaway. His investment acumen has made him one of the world's most recognized investors. As of January 2026, his estimated net worth of $148.9 billion ranks him among the wealthiest individuals globally.
On August 30, 1930, Warren Edward Buffett was born. He is an American investor and philanthropist, and the chairman and former CEO of Berkshire Hathaway.
Warren Buffett was born on August 30, 1930, in Omaha, Nebraska, the son of Congressman Howard Buffett and his wife, Leila Buffett.
In 1942, Warren Buffett's father, Howard Buffett, 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 and took a $35 deduction for the use of his bicycle and watch on his paper route.
In 1945, Warren Buffett and a friend spent $25 to purchase a used pinball machine, placing it in a local barber shop and expanding to multiple locations.
In 1947, Warren Buffett and his friend sold their pinball machine business to a war veteran for $1,200.
In 1947, Warren Buffett enrolled at the Wharton School of the University of Pennsylvania, before transferring to the University of Nebraska.
In 1947, Warren Buffett entered the Wharton School of the University of Pennsylvania, showcasing his early interest in business, before later graduating from the University of Nebraska and Columbia Business School.
In 1947, Warren Buffett graduated from Woodrow Wilson High School, where his senior yearbook mentioned his interest in math and future as a stockbroker.
In 1949, Warren Buffett bought a ukulele to impress a young woman, which ultimately led to his lifelong interest in the instrument and later played a part in his marriage to Susan Thompson.
In the spring of 1950, Warren Buffett was rejected by Harvard Business School, which led him to enroll at Columbia Business School.
From 1951, Warren Buffett worked as an investment salesman at his father's firm, Buffett-Falk & Co.
In 1951, Warren Buffett discovered that Graham was on the board of GEICO insurance and after meeting Lorimer Davidson, GEICO's vice president, Buffett made his first purchase of GEICO stock.
In 1951, Warren Buffett graduated from Columbia Business School with a Master of Science in Economics, influenced by Benjamin Graham's teachings.
In 1952, Warren Buffett married Susan Thompson at Dundee Presbyterian Church.
From 1954, Warren Buffett worked as a securities analyst at Graham-Newman Corp.
In 1954, Warren Buffett accepted a job at Benjamin Graham's partnership with a starting salary of $12,000 a year.
In 1954, Warren Buffett and Susan Thompson had their second child, a son named Howard.
From 1956, Warren Buffett was the general partner at several investment partnerships.
In 1956, Benjamin Graham retired and closed his partnership, leading Warren Buffett to return to Omaha and start a series of investment partnerships with personal savings over $174,000.
In 1956, Warren Buffett created Buffett Partnership Ltd., marking a significant step in his investment career.
In 1957, Warren Buffett operated three investment partnerships, marking the beginning of his independent investment ventures.
In 1958, Sanborn stock sold for only $45 per share.
In 1958, Warren Buffett and Susan Thompson had their third child, a son named Peter.
In 1958, Warren Buffett purchased a five-bedroom stucco house in Omaha for US$31,500, where he still resides.
In 1959, Warren Buffett was introduced to his future partner Charlie Munger during a business luncheon at The Omaha Club.
In 1961, Warren Buffett revealed that 35% of the partnership's assets were invested in the Sanborn Map Company, recognizing its undervalued stock.
In 1962, Warren Buffett became a millionaire due to the success of his partnerships, which held nearly $7.2 million, with more than $1,025,000 belonging to Buffett.
In 1965, Warren Buffett's partnerships began aggressively purchasing Berkshire Hathaway shares at $14.86 per share.
In 1966, Warren Buffett closed his partnership to new money, later claiming that the textile business had been his worst trade.
In 1967, Berkshire Hathaway paid out its first and only dividend of 10 cents.
In 1969, Warren Buffett liquidated his partnership and transferred assets to his partners, living solely on his salary and outside investment income.
In 1969, after purchasing the Omaha Sun, Warren Buffett became the first non-Jewish member of Omaha's Highland Club to promote nondiscrimination.
Warren Buffett was the general partner at several investment partnerships until 1969.
From 1970, Warren Buffett served as the chairman and CEO of Berkshire Hathaway Inc.
From 1970, Warren Buffett served as the chairman and largest shareholder of Berkshire Hathaway.
In 1970, Warren Buffett became the chairman and majority shareholder of Berkshire Hathaway, solidifying his control over the 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, marking the beginning of Buffett's involvement with the media company.
In 1974, the SEC opened a formal investigation into Warren Buffett and Berkshire's acquisition of Wesco Financial, although no charges were brought.
In 1977, Berkshire Hathaway indirectly purchased the Buffalo Evening News for $32.5 million, leading to antitrust charges.
In 1977, Susan Buffett departed for San Francisco to pursue her singing career, leading to Astrid Menks living with Warren Buffett.
In 1977, Warren Buffett and his wife Susan began living separately, though they remained married.
In 1978, Charlie Munger joined Warren Buffett as vice-chairman of Berkshire Hathaway, forming a long-time business partnership.
In 1979, Berkshire Hathaway began to acquire stock in ABC, setting the stage for a major media deal.
In 1982, the Buffalo Courier-Express, a rival of the Buffalo Evening News, folded after both papers lost money.
On March 18, 1985, Capital Cities announced a $3.5 billion purchase of ABC, with Warren Buffett helping to finance the deal in return for a 25% stake in the combined company.
In 1985, the last of the mills that had been the core business of Berkshire Hathaway was sold.
In 1987, Berkshire Hathaway purchased a 12% stake in Salomon Inc., making it the largest shareholder, and Warren Buffett a director.
In 1988, Warren Buffett began investing in The Coca-Cola Company, eventually acquiring 7% of the company's stock for $1.02 billion, which proved to be one of Berkshire Hathaway's most successful and enduring investments.
In 1989, Warren Buffett purchased a private jet for nearly $6.7 million of Berkshire's funds, naming it "The Indefensible", later renamed "The Indispensable".
In 1990, a scandal involving John Gutfreund, the former CEO of Salomon Brothers, came to light when a rogue trader, Paul Mozer, submitted bids exceeding Treasury rules. Gutfreund's delayed response led to his departure.
In August 1991, following the scandal involving the CEO of Salomon Brothers, Warren Buffett stepped in to become the chairman of Salomon Inc. until the crisis was resolved.
In his 1996 letter to Berkshire Hathaway shareholders, Warren Buffett emphasized the importance of long-term stock ownership, stating that if you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.
In 1998, The Coca-Cola Company stock peaked at $86, which would be equivalent to $170 in 2025, raising questions about keeping some of Berkshire's major holdings.
In 1998, Warren Buffett acquired General Re (Gen Re) as a subsidiary, a deal that faced difficulties due to inadequate underwriting standards and a problematic derivatives book.
In his November 1999 Fortune article, Warren Buffett warned of investors' unrealistic expectations.
In 1999, Buffett was quoted in Fortune magazine.
In 1999, Warren 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 the private jet he had previously purchased and began using Berkshire's flight services.
In 2001, Warren Buffett auctioned his 2001 Lincoln Town Car on eBay to raise money for Girls, Inc.
In 2002, General Re provided reinsurance after Warren Buffett became involved with Maurice R. Greenberg at AIG.
In 2002, Warren Buffett began serving as an adviser to the Nuclear Threat Initiative in Washington.
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 caused Warren Buffett to enter the foreign currency market for the first time.
In July 2004, Susan Buffett, Warren Buffett's wife, passed away.
At the 2004 annual meeting, Warren Buffett criticized a bill before the United States Congress that would consider only some company-issued stock options compensation as an expense, likening the bill to one attempting to change the value of Pi through legislative fiat.
In 2004, the bulk of Susan Buffett's estate, valued at $2.6 billion, went to the Buffett Foundation.
In the company's 2004 annual report, Warren Buffett discussed the difficulties of knowing when to sell investments.
On March 15, 2005, amidst a 2005 investigation into accounting fraud, the AIG board compelled Maurice Greenberg to resign as chairman and CEO after New York regulators alleged questionable transactions and accounting practices.
In 2005, Warren Buffett substantially reduced his stake in foreign currency markets due to changing interest rates. He remained bearish on the dollar, seeking companies with substantial foreign revenues.
On February 9, 2006, AIG agreed to pay a $1.6 billion fine following investigations into accounting fraud.
By April 2006, Warren Buffett's total gain on currency contracts exceeded $2 billion.
In June 2006, Warren Buffett announced a plan to give 83% of his fortune to the Bill & Melinda Gates Foundation, pledging about the equivalent of 10 million Berkshire Hathaway Class B shares, making it the largest charitable donation in history.
In June 2006, Warren Buffett announced that he would gradually donate 85% of his Berkshire holdings to five foundations, starting in July 2006, with the largest contribution going to the Bill and Melinda Gates Foundation.
Starting in July 2006, Warren Buffett began giving away 85% of his Berkshire holdings to five foundations in annual gifts of stock, with the largest contribution to the Bill and Melinda Gates Foundation.
In December 2006, it was reported that Warren Buffett did not carry a mobile phone, did not have a computer at his desk, and drove his own automobile.
In 2006, Warren Buffet auctioned his 2001 Lincoln Town Car to raise money for Girls, Inc.
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 on the Ryder Cup in golf.
In 2006, Warren Buffett stated he paid 19% of his income in federal taxes ($48.1 million), while his employees paid 33%. Buffett expressed his view that the rich class is winning the class warfare.
In 2006, Warren Buffett's annual salary was about $100,000.
In 2006, on his 76th birthday, Warren Buffett married his longtime companion, Astrid Menks.
Following the 2007 season, Warren Buffett supported the hire of Bo Pelini as the Nebraska football coach.
In 2007, Buffett made a bet with numerous managers that a simple S&P 500 index fund would outperform hedge funds that charge exorbitant fees.
In 2007, Warren Buffett announced in a letter to shareholders that he was seeking a younger successor, or possibly multiple successors, to manage his investment business.
In 2007, Warren Buffett auctioned a luncheon with himself that raised a final bid of $650,100 for the Glide Foundation.
In 2007, Warren Buffett testified before the Senate, urging them to preserve the estate tax to avoid a plutocracy. Buffett also believes government should not be in the business of gambling.
In 2007, Warren Buffett was listed among Time's 100 Most Influential People in the world.
In 2007, Warren Buffett's PacifiCorp, a subsidiary of MidAmerican Energy Company, cancelled six proposed coal-fired power plants, including Utah's Intermountain Power Project Unit 3 and Jim Bridger Unit 5, after pressure from regulators and citizen groups.
In 2007, the subprime mortgage crisis began, which was part of the Great Recession, leading to criticism of Warren Buffett for allocating capital too early and making suboptimal deals; this crisis starting in 2007.
On July 2, 2008, Warren Buffett attended a $28,500 per plate fundraiser in Chicago for Barack Obama's presidential campaign. Buffett expressed his stark disagreement with John McCain's views on social justice, suggesting a significant ideological gap.
On September 23, 2008, Berkshire Hathaway acquired 10 percent of the perpetual preferred stock of Goldman Sachs, signaling Warren Buffett's instrumental role in the crisis affecting debt and equity markets.
In October 2008, USA Today reported at least 47 books were in print with Warren Buffett's name in the title. Buffett's personal favorite is "The Essays of Warren Buffett".
In October 2008, Warren Buffett agreed to purchase General Electric (GE) preferred stock, which included special incentives such as an option to buy GE stock and a 10% dividend.
In October 2008, Warren Buffett invested $230 million for 10% of battery and electric vehicle maker BYD Company. This investment reaped over a 500% return in less than a year.
In 2008, Warren Buffett became the richest person in the world, with an estimated net worth of $62 billion according to Forbes.
In 2008, Warren Buffett earned a total compensation of $175,000, which included a base salary of just $100,000.
In 2008, Warren Buffett was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion.
In 2008, during the financial crisis, Warren Buffett's Berkshire Hathaway experienced a 77% drop in earnings during Q3, and many of his later deals incurred significant mark-to-market losses.
In February 2009, Warren Buffett sold some of his personal holdings of Procter & Gamble Co. and Johnson & Johnson shares.
In March 2009, Warren Buffett said in a cable television interview that the economy had "fallen off a cliff" and expressed concerns about the potential re-emergence of inflation levels similar to those in the 1970s.
As of June 2009, Berkshire Hathaway was the eighteenth largest corporation in the world based on market capitalization in the Financial Times Global 500.
In 2009, Bill Gates regained the top position on the Forbes list of wealthiest individuals, while Warren Buffett's net worth dropped.
In 2009, Ralph Nader wrote the book "Only the Super Rich Can Save Us", a novel featuring Warren Buffett as a leader of a movement of billionaires using their fortunes to clean up America. Buffett invited Nader to breakfast after the book was released.
In 2009, Warren Buffett divested his failed investment in ConocoPhillips, according to a statement to his Berkshire investors.
In 2009, Warren Buffett highlighted the problematic incentives within the U.S. medical industry. He stated that the fee-for-service model encourages unnecessary care and overutilization. Buffett cited Atul Gawande's article in The New Yorker as a useful consideration of U.S. health care.
In 2009, Warren Buffett met with other billionaires to discuss healthcare, education, and slowing population growth. This group, dubbed "The Good Club," included Oprah Winfrey, Michael Bloomberg, and David Rockefeller, Jr., and collectively donated $45 billion to philanthropic causes. Warren Buffett also supports family planning.
In 2009, Warren Buffett was named an honorary assistant coach and watched the game against Oklahoma from the Nebraska sideline. He was also elected to the American Philosophical Society in 2009.
In 2009, after donating billions of dollars to charity, Warren Buffett was ranked as the second richest man in the United States with a net worth of $37 billion.
On three dates between 2009 and 2012, Buffett sold shares of Johnson and Johnson, Walmart, and Wells Fargo, with the sales totaling $80 million in value (equivalent to $120,055,840 in 2025).
In June 2010, Warren Buffett defended the credit-rating agencies for their role in the U.S. financial crisis.
On December 9, 2010, Warren Buffett, Bill Gates, and Mark Zuckerberg signed the "Gates-Buffett Giving Pledge", promising to donate at least half of their wealth to charity and inviting other wealthy individuals to do the same.
In 2010, Warren Buffett expressed concerns about the sustainability of U.S. healthcare costs, stating that the U.S. devoting 17% of its GDP to healthcare was unsustainable. He compared healthcare costs to a tapeworm compromising U.S. economic competitiveness and indicated that while the US offers the highest end procedures, other countries deliver better healthcare outcomes with a smaller GDP proportion.
In 2010, Warren Buffett, along with Bill Gates and Melinda French Gates, founded The Giving Pledge, encouraging billionaires to donate at least half of their wealth to philanthropic causes.
In 2010, Warren Buffett, along with Bill Gates, was named the most influential global thinker in Foreign Policy's report.
In 2010, the U.S. government reached a $92 million settlement with Gen Re, a Berkshire Hathaway subsidiary, allowing them to avoid prosecution in the AIG case, contingent upon implementing corporate governance concessions.
In 2010, the merger with the Burlington Northern Santa Fe Railway (BNSF) was finalized upon BNSF shareholder approval, valued at approximately $44 billion, including $10 billion of outstanding BNSF debt, increasing the previously existing stake of 22%.
On March 18, 2011, Goldman Sachs received Federal Reserve approval to repurchase Berkshire Hathaway's preferred stock in Goldman, a move Buffett initially resisted due to the lucrative daily dividends.
In November 2011, it was announced that over the previous eight months, Warren Buffett had acquired 64 million shares of International Business Machine Corp (IBM) stock, worth around $11 billion, surprising many due to his prior aversion to technology investments.
In 2011, President Barack Obama awarded Warren Buffett the Presidential Medal of Freedom.
In 2011, Warren Buffett's company acquired the Omaha World Herald.
On April 11, 2012, Warren Buffett was diagnosed with stage I prostate cancer during a routine test and announced he would begin radiation treatment.
In May 2012, Warren Buffett said he had avoided buying stock in high-technology companies such as Facebook and Google, due to their complexity and difficulty in estimating their future value. He also stated that initial public offerings (IPOs) of new stock issues are almost always bad investments.
In May 2012, Warren Buffett's acquisition of Media General, which included 63 newspapers in the southeastern U.S., was announced.
On September 15, 2012, Warren Buffett announced that he had completed his 44-day radiation treatment cycle.
On three dates between 2009 and 2012, Buffett sold shares of Johnson and Johnson, Walmart, and Wells Fargo, with the sales totaling $80 million in value (equivalent to $120,055,840 in 2025).
At the Berkshire shareholders meeting in May 2013, Warren Buffett stated that he did not expect newspaper acquisitions to significantly impact Berkshire but anticipated a 10 percent annual return.
On July 18, 2013, interim publisher James W. Hopson announced that the Press of Atlantic City would be sold to Warren Buffett's BH Media Group.
As of September 2013, Warren Buffett's net worth had risen to $58.5 billion.
In late September 2013, during a presentation to Georgetown University students, Warren Buffett likened the U.S. Federal Reserve to a hedge fund and advocated for wealth equality.
On December 9, 2013, Berkshire Hathaway purchased shares in USG Corporation, which they failed to report as required and were fined for it on August 20, 2014.
In 2013, Warren Buffett used an old Nokia flip phone and had sent only one email in his entire life.
On August 14, 2014, the price of Berkshire Hathaway's shares 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 properly report the December 9, 2013 purchase of shares in USG Corporation.
On December 16, 2015, Warren Buffett publicly endorsed Hillary Clinton for president, signaling his support for her candidacy.
In 2015, Warren Buffett made a cameo appearance on the TV program "Entourage".
On August 1, 2016, Warren Buffett challenged Donald Trump to release his tax returns, escalating the public discussion around Trump's financial transparency.
On October 10, 2016, after being referenced in a presidential debate, Warren Buffett released his own tax return, revealing he paid $1.85 million in federal income taxes in 2015 on an adjusted gross income of $11.6 million. He also disclosed over $2.8 billion in donations.
In April 2017, Warren Buffett agreed to have his likeness placed on Cherry Coke products in China without compensation.
By 2017, the S&P 500 index fund that Buffett bet on had outperformed every hedge fund that made the bet against him.
In 2017, Warren Buffett was the subject of the HBO documentary feature "Becoming Warren Buffett".
At the 2018 Berkshire Hathaway shareholder meeting, Warren Buffett stated he uses Google as his preferred search engine.
In 2018, Warren Buffett sold his vacation home in Laguna Beach, California, for $7.5 million.
In 2018, after making almost $3.4 billion in donations, Warren Buffett was ranked 3rd in the Forbes' List of Billionaires.
In February 2020, Warren Buffett revealed in a CNBC interview that he had traded in his flip phone for an iPhone 11.
In a June 2021 interview with CNBC, Warren Buffett stated that the economic impact of the COVID-19 pandemic has increased economic inequality and bemoaned the negative impact on small businesses. He also stated that markets and the economy would be unpredictable into the post-pandemic recovery.
On June 23, 2021, Warren Buffett announced his resignation as a trustee of the Gates Foundation.
In November 2022, Warren Buffett donated $750 million in Berkshire Hathaway shares to four charitable foundations run by his children, including the Susan Thompson Buffett Foundation. He also transferred shares to the Sherwood Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation.
By 2022, Warren Buffett and his son Peter's adopted daughter, Nicole, had reconciled.
In September 2023, singer-songwriter Jimmy Buffett, a longtime friend of Warren Buffett, passed away. The two would often refer to one another as "Uncle Warren" and "Cousin Jimmy".
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 during the same or prior quarter, raising conflict of interest concerns.
On May 3, 2025, at Berkshire Hathaway's investor conference, Warren Buffett requested that the board appoint Greg Abel as the company's chief executive officer by the year's end, while Buffett would remain as chairman.
On May 5, 2025, Berkshire Hathaway announced the appointment of Greg Abel as president and CEO, effective January 1, 2026, with Warren Buffett remaining as chairman.
In June 2025, Warren Buffett donated $6 billion in Berkshire Hathaway shares to five charitable foundations, primarily to the Gates Foundation. As of June 2025, his total donations exceeded $60 billion.
At 15, Warren Buffett made more than $175 monthly delivering Washington Post newspapers. This was equivalent to $3,130 in 2025.
In 1944, Buffett took a $35 deduction for the use of his bicycle and watch. This was equivalent to $640 in 2025.
In 1954, Buffett accepted a job at Benjamin Graham's partnership. His starting salary of $12,000 a year was equivalent to $143,866 in 2025.
In 1988, Buffett purchased up to 7% of The Coca-Cola Company stock for $1.02 billion, which would be equivalent to $2,776,730,445 in 2025.
On January 1, 2026, Greg Abel's appointment as president and CEO will be effective, with Warren Buffett remaining chairman.
In January 2026, Warren Buffett's estimated net worth was US$148.9 billion, making him the ninth-richest person in the world according to Forbes.
As of 2026, Warren Buffett presided as the chairman and largest shareholder of Berkshire Hathaway.
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