Learn Warren Buffett Biography - Billionaire, legendary American investor | G Bat Mi

Read Warren Buffett Biography - Legendary American Investor | G Bat Mi | Celebrity
00:00 Introducing Warren Buffett
00:18 Who is Warren Buffett?
01:05 Warren Buffett's Childhood
03:04 Warren Buffett's path to becoming a legendary investor
07:03 Warren Buffett's Private Life
1. Who is Warren Buffett?
Warren Buffett's full name is Warren Edward Buffett, born on August 30, 1930, a business and investment magnate, and he is also a famous American philanthropist.
In 1987, Warren Buffett officially became the Chairman and CEO of Berkshire Hathaway, and holds that position until now.
A senior respected by many colleagues and the world, for his personal frugality and adherence to ethical principles, when it comes to successful business management.
2. Warren Buffett's Childhood.
At the age of 6, while his friends were still attached to his parents, and playing with children's toys, Warren knew how to buy 6 bottles of coke at his grandfather's grocery store, then sell it in the form of cans of nike earn 6 cents profit.
At 11 years old, Warren got into the financial markets, and made about $175 a month in his 40s.
By the age of 13, Warren officially became an investor and businessman, when he sold his bicycle, and ran a newspaper delivery line for the Washington Port newspaper, a year later he made more than a year. 1,000 USD.
Although he enrolled at the Wharton School at the University of Pennsylvania in 1947, he often complained that "he knew more than his professors." He decided to drop out of school after spending two years at the Wharton School.
After returning home, Warren continued to study at the University of Nebraska, and Columbia Business School, then earned a Bachelor of Business Administration, and a Master of Science in Economics in 1951.
3. Warren Buffett's path to becoming a legendary investor.
After graduating and receiving his degree, Mr. Warren worked at his father's company, Buffett-Falk & Co from 1951 to 1954, as an investment salesman.
In 1954, he joined Benjamin Graham's company, Benjamin Newman Corp., with a starting salary of $12,000 a year. Here, Mr. Warren learned a lot of investment experience from Benjamin - who Warren called his teacher, also the person who had the biggest influence on his investment thought.
In 1956, Benjamin Graham dissolved the company to retire, so Warren Buffett chose to return to Omaha to start an investment business, with accumulated capital of 140,000 USD.
After only 4 years, Warren's startup project has grown into 7 companies including: Buffett Associates, Buffett Fund, Dacee, Emdee, Glenoff, Mo-Buff and Underwood.
He merged all the companies into one, the source of Warren's corporate input was also increasing. At the same time, he invested most of his fortune in a textile manufacturing company, called Berkshire Hathaway.
In 1968, when the growth of investment companies peaked, Warren's start-up company made huge profits, also when he transferred his biological child to the partners, to focus focused entirely on the insurance company Berkshire Hathaway.
Becoming a director of Berkshire Hathaway, Mr. Warren gradually turned it into an investment company, the first thing he did was buy back 12% of Salomon Inc.
In 1987, as Berkshire's largest shareholder, Warren was chosen to become the company's chairman and CEO.
Warren continued to make plans to buy shares, of companies with a lot of potential, first the Coca-Cola company in 1988, which is considered one of the best investments ever. Now, by Berkshire. This was followed by the acquisition of shares in other large companies such as: American Express, Bank of America, Chevron, HP, Moody's, Occidental and Paramount Global.
In 2016, he spent up to $2.2 billion from the value of Berkshire Hathaway's Class B shares, to support the Bill & Melinda Gates charity, which is owned by the billionaire couple.
4. Warren Buffett's private life.
He married Susan Thompson in 1952, the two had three children. After 25 years of marriage, Susan chose to leave Warren in 1977, to pursue her own career and to start a life of her own. However, they were not divorced, living separately as legally husband and wife, until Susan's death in 2004.
Warren then married longtime friend Astrid Menks in 2006, and they've known each other since his first wife left him.
Besides, Warren Buffett is also interested by many people, about his relationship with Bill Gates. Despite the 25-year age difference, this 31-year friendship has become the most iconic symbol of friendship in the world.
With a fortune of $ 106 billion, Warren Buffett is ranked 5th, in the Top 10 richest billionaires on the planet.
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