Warren Buffett Fast Facts

Here's a look at the life of Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc....

Posted: Aug 30, 2018 2:40 PM
Updated: Aug 30, 2018 2:40 PM

Here's a look at the life of Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc.

Personal:
Birth date: August 30, 1930

Berkshire Hathaway Inc

Warren Buffett

Wealthy people

Business figures

Companies

Population and demographics

Society

Fast Facts

Arts and entertainment

Television programming

Demographic groups

Birth place: Omaha, Nebraska

Birth name: Warren Edward Buffett

Father: Howard Buffett, politician and businessman

Mother: Leila (Stahl) Buffett

Marriages: Astrid Menks (August 30, 2006-present); Susan (Thompson) Buffett (April 19, 1952-July 29, 2004, her death)

Children: with Susan (Thompson) Buffett: Peter, 1958; Howard, 1954; Susan, 1953

Education: University of Nebraska, B.S., 1950; Columbia University, M.S. in Economics, 1951

Other Facts:
Nicknamed the "Oracle of Omaha."

At the age of 13, Buffett filed his first tax return for income from newspaper routes.

Lives in the same home in Omaha that he purchased in 1958 for $31,500.

Berkshire Hathaway is a holding company which lists GEICO, Fruit of the Loom, Dairy Queen, Duracell and numerous other companies as subsidiaries.

Timeline:
1951-1954 - Investment salesman for Buffett, Falk, & Co., his father's investment firm.

1954-1956 - Security analyst for Graham-Newman Corp. in New York.

1956-1969 - General partner in Buffett Partnership, Ltd., an investment firm he started.

1962 - Begins buying stock in Berkshire Hathaway, a textile manufacturer in New Bedford, Massachusetts.

1965 - Buys controlling stock in Berkshire Hathaway Inc.

1969 - Dissolves Buffett Partnership. Berkshire Hathaway becomes his investment vehicle.

1970 - Becomes chairman and CEO of Berkshire Hathaway.

1974-1986 and 1996-2011 - Member of the board of directors at the Washington Post Company.

1982 - Appears on the first annual Forbes list of the 400 richest people in America. His net worth is estimated at $250 million.

1989-2003 - Director of the Gillette Company.

1989-2006 - Director of the Coca-Cola Company.

1993 - Reaches the number one spot on the Forbes list of the 400 richest people in America. His net worth is estimated at $8.33 billion.

2003 - Joins Arnold Schwarzenegger's California gubernatorial campaign as an adviser.

May 2004 - Buffett announces he has agreed to serve as an economic adviser to John Kerry during the Kerry presidential campaign.

2006 - Announces plans to gradually donate all his Berkshire Hathaway shares to philanthropic foundations.

September 2008 - Invests $5 billion in Goldman Sachs and $3 billion in General Electric.

2010 - Launches The Giving Pledge with Bill Gates. The initiative encourages the world's billionaires to dedicate the majority of their wealth to philanthropic causes.

February 15, 2011 - Receives the Presidential Medal of Freedom.

August 2011 - Invests $5 billion in Bank of America.

August 14, 2011 - The New York Times publishes an op-ed written by Buffett, "Stop Coddling the Super-Rich." He calls on Congress to increase taxes on Americans making more than $1 million. This becomes known as the Buffett Rule.

April 17, 2012 - Buffett confirms through a press release that he has been diagnosed with prostate cancer.

March 2018 - Ranks third on the Forbes list of billionaires, with an estimated net worth of $84 billion.

May 4, 2018 - Announces that Berkshire Hathaway bought approximately 75 million additional shares of Apple stock during the first quarter of 2018 -- the company now owns more than 230 million shares.

Minnesota Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 128152

Reported Deaths: 2354
CountyConfirmedDeaths
Hennepin33024980
Ramsey13609355
Dakota9467136
Anoka8324150
Stearns554641
Washington539968
Scott326534
Olmsted315930
St. Louis279765
Wright233214
Nobles219516
Clay215343
Blue Earth20037
Carver17247
Kandiyohi16395
Sherburne160621
Rice15929
Mower149915
Winona122518
Crow Wing94721
Lyon9416
Chisago9202
Waseca9199
Benton8827
Beltrami8397
Otter Tail7896
Todd7525
Steele7342
Nicollet70017
Itasca69617
Morrison6578
Freeborn6494
Douglas6323
Martin60216
Le Sueur5985
McLeod5764
Watonwan5724
Polk5574
Goodhue54211
Becker5193
Pine5190
Isanti5115
Chippewa4153
Carlton4031
Dodge3790
Mille Lacs37613
Hubbard3462
Cass3445
Wabasha3430
Pipestone33616
Meeker3183
Brown3113
Rock3113
Yellow Medicine2715
Cottonwood2650
Unassigned26553
Murray2643
Redwood26011
Fillmore2450
Sibley2423
Renville23711
Faribault2210
Roseau2160
Wadena2082
Jackson2041
Kanabec19410
Swift1931
Houston1861
Stevens1741
Lincoln1720
Pennington1711
Koochiching1644
Aitkin1592
Pope1520
Big Stone1310
Lac qui Parle1303
Wilkin1274
Lake1110
Norman1050
Mahnomen1041
Marshall971
Grant924
Clearwater880
Red Lake662
Traverse540
Lake of the Woods431
Kittson370
Cook110

Iowa Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 111117

Reported Deaths: 1587
CountyConfirmedDeaths
Polk18419283
Woodbury697994
Johnson571730
Black Hawk535098
Linn5245129
Dubuque489654
Scott421037
Story391018
Dallas336944
Pottawattamie309144
Sioux234314
Buena Vista222512
Marshall195936
Webster178914
Plymouth159426
Wapello149462
Clinton140926
Muscatine139358
Crawford133712
Des Moines13059
Cerro Gordo130423
Warren11856
Carroll107212
Jasper105534
Henry10075
Marion95710
Tama91837
Lee90710
Delaware72912
Dickinson7117
Wright7071
Boone6969
Mahaska65924
Bremer6389
Washington62711
Harrison6238
Jackson5583
Benton5381
Lyon5287
Louisa50715
Clay5044
Hamilton4613
Winnebago45818
Winneshiek4559
Hardin4495
Kossuth4460
Poweshiek44111
Floyd42411
Jones4223
Cedar4205
Buchanan4194
Emmet41517
Iowa3948
Cherokee3832
Franklin37818
Sac3774
Guthrie37615
Clayton3753
Page3740
Shelby3601
Mills3551
Butler3542
Fayette3543
Cass3512
Madison3512
Allamakee3438
Chickasaw3381
Clarke3283
Humboldt3083
Hancock2984
Palo Alto2982
Grundy2895
Calhoun2854
Howard2619
Osceola2610
Monroe25111
Mitchell2380
Monona2361
Taylor2302
Union2194
Appanoose2173
Pocahontas2172
Jefferson2121
Lucas1976
Fremont1881
Ida1842
Greene1820
Van Buren1662
Davis1634
Montgomery1616
Adair1481
Keokuk1481
Decatur1430
Audubon1381
Worth1340
Wayne1133
Ringgold832
Adams700
Unassigned140
Rochester
Overcast
33° wxIcon
Hi: 35° Lo: 18°
Feels Like: 23°
Mason City
Overcast
33° wxIcon
Hi: 37° Lo: 21°
Feels Like: 23°
Albert Lea
Overcast
32° wxIcon
Hi: 35° Lo: 19°
Feels Like: 23°
Austin
Overcast
34° wxIcon
Hi: 37° Lo: 20°
Feels Like: 26°
Charles City
Overcast
34° wxIcon
Hi: 39° Lo: 22°
Feels Like: 25°
Tracking another round of snow for the weekend
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Candidates in Iowa House District 54 talk to KIMT

Image

Patio heaters in high demand

Image

Iowa hospitalizations for COVID-19

Image

Sara's Evening Forecast - Friday

Image

First Responders Training for Grain Entraoment

Image

Education Center Opens

Image

Long term recovery from Covid-19

Image

Outdoor dining in colder weather

Image

US Rep Iowa 54

Image

K-9 Helps Arrest Wanted Man

Community Events