Warren Buffett Net Worth, Wife, Children, House, Cars, How Did He Make His Money?

Warren Buffett's Net Worth as of February 2024 is $118 Billion

Quick Facts of Warren Buffett

Net Worth$118 Billion
SalaryNot Known
Height5 ft 10 in
Date of Birth30 August, 1930
ProfessionEntrepreneurs
Social Media Twitter  

Warren Buffett is an American billionaire businessman and investor who through his multinational holding company, Berkshire Hathaway, owns companies like GEICO, Duracell, Fruit of the Loom, and Helzberg Diamonds. 

His success in the investment market has earned him the nickname Oracle of Omaha as well as a constant presence on the list of the world’s richest people, going as far as reaching the number one spot on a few occasions.

Join us as we take a look at how he made his money as well as his early beginnings and the other people in his life.

What 4 stocks does Warren Buffett Own?

Warren Buffet owns a total of 4 stocks named Apple with a value of $159.1 billion, Bank of America with a value $42.6 billion, American Express with value $28.4 billion and Chevron with value $25.9 billion.

Biography, Age

Warren Buffet was born on the 30th of August, 1930, in Omaha, Nebraska. His full name is Warren Edward Buffett. He was the second child of his parents Howard Buffett and Leila Buffett. His father was a businessman and investor who later entered into politics and served as a Republican United States Representative for the state of Nebraska.

Educational Background

Buffett attended Rose Hill Elementary School before joining Alice Deal Junior High School. However, he graduated from Woodrow Wilson High School in 1947.

At the time, Buffet, who found himself to be very good at math, was said to have already cultivated a huge interest in the business. He ran a couple of businesses that included newspaper delivery and the sales of golf balls, chewing gums, and stamps.

He had also bought shares of the company Cities Service at age 11, which all helped him save up to buy a 40-acre farm that was worked by a resident farmer.

With all these achievements, at the time of his graduation, Buffett wanted to fully launch his business career, however, he was overruled by his father, which meant he had to join the Wharton School of the University of Pennsylvania.

Warren spent two years at Wharton before transferring to the University of Nebraska where he graduated with a Bachelor of Science in Business Administration at the age of 19.

After that, applied to Harvard Business School but was rejected, leaving him to attend Columbia Business School where he earned a Master of Science in Economics in 1951. He then went on to attend the New York Institute of Finance before beginning his career as a stockbroker. 

Warren Buffet’s Height and Weight

Source: Madison Wealth Management

Warren Buffett has a height of 5 feet 10 inches (1.77 m) and weighs 83 kg (183 lbs). In addition, his hair is grey in color, and has a pair of brown eyes. There are no tattoos on his body.

How Did Warren Buffett Make His Money?

Warren Buffett made his money through his career as a businessman and investor which started in the 50s when he began working as a stockbroker and founded Buffett Partnerships Ltd.

By the early 1960s, Buffett was operating a number of partnerships that had investments in several dealings, including the textile manufacturing firm Berkshire Hathaway and the map publishing company, Sanborn Map Company, which made him a millionaire.

He later moved to make Berkshire Hathaway his holding company and started putting his time and effort into other businesses like insurance, manufacturing, construction, retail, and many more.

In 1979, Buffett became worth more than half a billion dollars following the successful shares trading of Berkshire. By 1990, he was able to change status from multi-millionaire to billionaire when his company’s single share was worth $7,000. 

Warren Buffett’s Family – Wife, Children

Warren is in his second marriage. His first marriage was to Susan Buffett. They met for the first time through his sister, Roberta, at Northwestern University. Even though both families had known each other for a while, with Susan’s dad having served as the campaign manager of Howard Buffet.

Warren and Susan exchanged vows at the Dundee Presbyterian Church in Omaha in 1952 and went on to have a daughter named Susan Alice and two sons named Howard and Peter.

Susan Alice was born in July 1953. She works as a philanthropist and is the chairman of the Sherwood Foundation, formerly known as the Susan A. Buffett Foundation.

Howard was born in December 1954. He is a former politician, businessman, philanthropist, and farmer.

Likewise, Peter was born in May 1958. He is an Emmy Award-winning musician, composer, author, and philanthropist.

Source: Pinterest

In 1977, Susan and Warren separated. She left her husband to move to San Francisco in hopes of having a singing career, which her husband supported although he was reported to be heartbroken about it.

The two never remarried and remained close to each other until her death in 2004. Two years after her passing, Buffett married his longtime associate, Astrid Menks, who Susan had introduced to him before she left and who had also been living with him in his Omaha home for many years.

How much does Warren Buffett make a day?

The famous billionaire Warren Buffett has claimed that he earns $14 million per day.

Warren Buffett’s Net Worth (House and Cars)

Buffett currently has an estimated net worth of $118 billion. With such huge earnings, it is no surprise that he has donated $30 billion in the last decade to charity. 

Being a billionaire, Buffett lives a simple life as he never spends more than $3.17 on his McDonald’s breakfast and today still lives in the five-bedroom house he purchased in Omaha in 1958 for $31,500.

He also owned a beachfront vacation home in Laguna Beach, California, which he purchased in 1971 for $150,000. He sold that house for $7.47 million. Buffett drives a Cadillac XTS which has a retail value of around $45,000.

At What age Warren Buffett started investing?

Warren Buffett bought his first stock when he was only 11 years old. He has learned to invest from a very young age.

Warren Buffet’s Social Media: Instagram, Twitter

Source: Warren Buffett’s Twitter

Warren Buffett is quite active on social media. He has many fan-following pages but not an officially verified Instagram account. Similarly, he has 1.7 million followers on his Twitter account. He joined Twitter in April 2013.

Top Five Quotes of Warren Buffett

  • Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
  • “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
  • “No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”
  • “Never depend on a single income. Make an investment to create a second source.”
  • “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”

 

 

Also Read: Top 10 Richest People in the world with full biography and details.