Short
Bio
1943:
(13yo)
Filed his first income tax return, and claimed his bicycle
as a work expense for $35.
1945:
(15yo)
While still in high school, Buffett and a friend purchased
a used pinball machine for $25 and placed it in a barber
shop. Within months they owned three more machines.
1951:
(21yo)
Took a Dale Carnegie speaking course, then taught a night
class at the University of Nebraska, "Investment Principles".
1952:
(22yo)
Married Susan Thompson (20yo)
1953:
(23yo)
Had their first child, Susan Alice Buffett.
1954:
(24yo)
Had their second child, Howard Graham Buffett.
1956:
(26yo)
Already had over $140,000 in savings.
1957:
(27yo)
Had three partnerships operating.
1958:
(28yo)
Had their third child, Peter Andrew Buffett.
1960:
(30yo)
Had six partnerships operating all year.
1962:
(32yo)
Became a millionaire. Merged all of his partnerships into
one and began purchasing Berkshire Hathaway shares for $7.60
per share.
1965:
(35yo)
Took control of Berkshire Hathaway.
1967:
(37yo)
Berkshire paid out its first and only dividend of 10 cents.
1979:
(49yo)
Lived solely on his $50,000 per year salary, though he started
with a net worth of nearly $140 million, and finished the
year with a net worth of $620 million, after Berkshire shares
grew from $775 to $1,310 per share that year.
1988:
(58yo)
Began buying stock in Coca Cola, one of his most lucrative
investments.
2004:
(73yo)
His wife, Susan, passed away.
2006:
(75yo)
Married his sweetheart of 29 years, Astrid Menks (60yo).
Announced he would gradually give away 85% of his Berkshire
holdings to five foundations ... worth over $30 billion!
2008:
(77yo)
Became the richest man in the world, with a net worth of
$62 billion, replacing his friend, Bill Gates, who'd held
the title for the past thirteen years. |
