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Friday, August 31, 2018

BIOGRAPHY: American Investment Guru And 3rd Richest Man Warren Buffet Is 88 Years

Warren Edward Buffett, born August 30, 1930, is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway . He is considered one of the most successful investors in the world and has a net worth of US$ 84 billion as of June 3, 2018, making him the third wealthiest person in the world.At the age of 15, Warren made more than $175 monthly delivering Washington Post newspapers.
Warren Buffett demonstrated keen business abilities at a young age. He formed Buffett Partnership Ltd. in 1956, and by 1965 he had assumed control of Berkshire Hathaway. Overseeing the growth of a conglomerate with holdings in the media, insurance, energy and food and beverage industries, Buffett became one of the world's richest men and a celebrated philanthropist.
Buffett was the second of three children and the only boy.Buffett demonstrated
a knack for financial and business matters early in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy who could add large columns of numbers in his head.

By the age of 13, Buffett was running his own businesses as a paperboy and selling his own horseracing tip sheet. That same year, he filed his first tax return, claiming his bike as a $35 tax deduction.In 1942 Buffett's father was elected to the U.S. House of Representatives, and his family moved to Fredricksburg, Virginia, to be closer to the congressman's new post. Buffett attended Woodrow Wilson High School in Washington, D.C., where he continued plotting new ways to make money. During his high school tenure, he and a friend purchased a used pinball machine for $25. They installed it in a barbershop, and within a few months the profits enabled them to buy other machines
.

In 2006 Buffett, at age 76, married his longtime companion Astrid Menks. Buffet was previously married to his first wife Susan Thompson from 1952 until her death in 2004, although the couple separated in the 70s. He and Susan had three children: Susan, Howard and Peter.

Buffett enrolled at the University of Pennsylvania at the age of 16 to study business. He stayed two years, moved to the University of Nebraska to finish up his degree, and emerged from college at age 20 with nearly $10,000 from his childhood businesses.
In 1951 he received his master's degree in economics at Columbia University, where he studied under economist Benjamin Graham, and furthered his education at the New York Institute of Finance.
Influenced by Graham's 1949 book, The Intelligent Investor, Buffett sold securities for Buffett-Falk & Company for three years, then worked for his mentor for two years as an analyst at Graham-Newman Corp.

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FACEBOOK COMMENTS

Bukola Tunde

happy birthday buffett . welldone Endy

Endy Edeson

Thanks Bukola

Aruoture Goodie

Hmmmm... Av always been a fan of d man
1

Endy Edeson

@Goodie: And you have been investing like him?

Gbolahan Libra General

Hmmmmm great man.
I'm inspired by his path of life
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Micheal Callix Oyibo

Wow...this is what is been call hustling.
Happy birthday sir

Oluwatoyin Obanla

Endy,how dare you post my daddy's biography without my authorization???,you will hear from our family lawyer soon😁😁
1

Endy Edeson

@Obanla; Buffet , your dad? hahahahaha 😎 @Michael: Over there , folks start business early
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