- Full Name: Warren Edward Buffett
- Net Worth: 72.3 Billion USD
- Occupation: CEO and chairman of Berkshire Hathaway
- Marital Status: widowed, remarried (Astrid Menks)
- Ethnicity: white, Caucasian
Warren Buffet Net Worth – Has Made Him The 2nd Richest Man Of The World
Net Worth Of Buffett
American business magnate, philanthropist and investor Warren Buffet net worth has been recorded as $72.3 billion, according to the estimation of Forbes March 2015. It is a fact that the celebrity we are discussing here is not a super star neither he owns oil wells; he is not a computer genius or having a retail empire. Warren Buffett simply has the bulk of share certificates. According to Buffett, he has earned this wealth through the companies that worth more than their market value; he used to invest them for a long term earned a lot. He has joined “Giving Pledge” of Bill Gates with the ambition to donate 99% of his wealth. Buffett wishes the 99% spent within ten years of his death.
Early Life Of Warren Buffett
Warren Buffet was born on August 30, 1930 in Omaha, Nebraska, U.S. he was the only son of his father Howard Buffett and mother Leila. Since his childhood Warren has been fond of making and saving money. He used to sell coca-cola, chewing gum and newspaper door to door. He also worked in the grocery store of his grandfather. In 1945, Warren and one of his friends placed a pinball machine to a barber shop that they bought in $25. Within few months they were able to place several machines at different barber shops.
Buffett had been interested in the stock market from the days of school. He bought three shares of Cities Services at the age 11 and three for his sister as well who is founder of The Sunshine Lady Foundation. He also invested in the business of his father when he was in school and bought a farm too by working with a tenant farm. Today net worth of Warren Buffett is too high that he never imagined in his early life.
Personal Life Of Buffett
Warren Buffett got married to Susan Thompson in 1952 at Dundee Presbyterian Church. In the year 1953 they couple has their first child named Susan Alice. Buffett has two more children Howard Graham Buffett and Peter Andrew Buffet.
His children are not going to inherit a significant portion of his wealth and a lion’s share will be awarded to his ‘Buffet Foundation.’ He has also pledged to 50 million USD to Nuclear Threat Initiative that is situated in Washington; he has also served there since 2002 as an adviser.
Warren Buffett is the world’s third richest man and he has a 6000 square-foot house to live. Warren Buffet house has five bedrooms. How much is Warren Buffett worth can be estimated from the cost of his house that he bought for $31,500 in the year 1958.
Health Issues Of Buffett
Buffett was diagnosed with prostate cancer stage 1 on April 11, 2012 during a routine checkup. He said to his shareholders in a letter that he is going to start radiation treatment in July that will go for 2 months. After that on September 15, 2012 he announced that he is completely ok after 44 days radiation and that he is very glad the problem is over.
Warren Buffet investment includes the Petrochina Company limited. But he soon sold away his stake afterward for certain reasons.
Warren Buffett Investments
In the year 2007 Buffet’s PacifiCorp cancelled 6 proposed coal power plants because of the pressure raised from citizen and regulators group.
Buffett’s MidAmerican Energy Company convinced to purchase a 2 billion USD solar energy project in California as well as a 49 % stake in a 1.8 billion USD plant in Arizona. Warren Buffett also owns wind farms.
His net worth is a bit lower than Bill Gates net worth, who is the richest man in the world according to Forbes. However, Buffet is in the top of the list, and Larry Alison net worth is lower than Buffet’s.
What do you think about Warren and his earnings? What would you do with all that money?