Warren Buffett Biography: Age, Net Worth, Books, Wife, Children, Wikipedia

Warren Buffett, famously known as the Oracle of Omaha, is one of the greatest investors of all time. His journey from a boy selling chewing gum and newspapers to becoming one of the wealthiest men on Earth is not just inspiring—it’s a masterclass in patience, discipline, and long-term vision.

Beyond his incredible wealth, Buffett is admired for his humility, philanthropy, and ability to make complex financial strategies seem simple.

Early Life and Childhood

Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska, USA. His father, Howard Buffett, was a stockbroker and politician, while his mother, Leila Stahl Buffett, was a homemaker. Warren showed an unusual interest in business and numbers at a very young age.

At the age of six, he sold chewing gum, Coca-Cola bottles, and magazines door-to-door. By age eleven, he bought his first stock—Cities Service Preferred—which marked the beginning of his lifelong passion for investing.

Education and Early Career

Buffett attended the Wharton School at the University of Pennsylvania before transferring to the University of Nebraska, where he earned a degree in business administration. Later, he studied under the legendary investor Benjamin Graham at Columbia Business School, where he earned his master’s degree in economics.

Graham’s teachings deeply influenced Buffett, shaping his investment philosophy based on value investing, patience, and margin of safety.

Building His Career

After graduation, Buffett worked briefly for Graham-Newman Corp, but soon returned to Omaha to start his own investment partnerships in the 1950s. His ability to spot undervalued companies and patiently hold them paid off massively.

In 1965, he took control of a struggling textile company, Berkshire Hathaway, which later transformed into one of the most successful investment conglomerates in history. Under Buffett’s leadership, Berkshire grew into a multinational holding company with stakes in Coca-Cola, American Express, Apple, Geico, Dairy Queen, and more.

Investment Philosophy

• Buy undervalued businesses – Look for companies trading below their intrinsic value.
• Long-term focus – Invest with patience, sometimes holding companies for decades.
• Circle of competence – Only invest in industries you understand.
• Strong management – Trustworthy and capable leadership is key.
• Economic moat – Companies with sustainable competitive advantages thrive.

Philanthropy and Giving Pledge

Despite his immense wealth, Buffett is known for his modest lifestyle. He still lives in the Omaha home he purchased in 1958 for just $31,500. His humility reflects his values, but his philanthropy is even more remarkable.

In 2006, Buffett pledged to donate the majority of his fortune to charitable causes, primarily through the Bill & Melinda Gates Foundation. Along with Bill Gates, he launched the Giving Pledge, encouraging billionaires to commit at least half of their wealth to philanthropy.

Achievements and Recognition

• Ranked among the world’s wealthiest people for decades.
• Awarded the Presidential Medal of Freedom in 2011.
• Consistently praised as one of the most ethical and successful businessmen.
• Inspired millions of investors through his annual shareholder letters and public talks.

Legacy of Warren Buffett

Warren Buffett’s legacy goes beyond financial success. He has redefined what it means to be wealthy—not only in terms of money but also in wisdom, humility, and generosity. His investment strategies remain timeless, serving as guiding principles for both beginners and professionals.

Buffett’s life teaches us that true wealth comes from patience, learning, and giving back to society.

FAQs about Warren Buffett

Q1: What is Warren Buffett’s net worth?

As of 2025, Warren Buffett’s net worth is estimated at over $130 billion, making him one of the richest people in the world.

Q2: What is Warren Buffett’s main source of wealth?

His wealth primarily comes from his company, Berkshire Hathaway, and its long-term investments in various industries.

Q3: Does Warren Buffett still live in Omaha?

Yes, he still resides in the same Omaha home he purchased in 1958.

Q4: What is the Giving Pledge?

The Giving Pledge is a philanthropic initiative co-founded by Buffett and Bill Gates, urging billionaires to donate at least half of their wealth to charity.

Q5: What is Buffett’s investment advice for beginners?

Buffett advises beginners to invest in low-cost index funds, avoid unnecessary risks, and stay disciplined with a long-term outlook.

Conclusion

The biography of Warren Buffett is more than just the story of wealth—it’s about vision, discipline, and generosity. From a young boy selling newspapers to becoming the Oracle of Omaha, Buffett has left an indelible mark on the world of finance and philanthropy. His life serves as proof that success comes from consistency, knowledge, and the will to give back.