Warren Buffett – Net Worth, Salary, Income Sources, Facts

Warren Buffett Photo

Warren Buffett is one of the most successful investors and businessmen in history, known for his wealth, philanthropy, and value investing principles. His father, Howard Buffett, was a stockbroker before becoming a U.S. Congressman. From a young age, Warren displayed a keen interest in business and investing. His income mainly stems from various sources, showcasing his broad portfolio and diverse investment strategies. He also invested in companies like Coca-Cola, American Express, and IBM. He currently serves as the co-founder, chairman, and CEO of Berkshire Hathaway. As of June 2024, his net worth stood at $135 billion, ranking him as the tenth wealthiest individual globally.

Full NameWarren Edward Buffett
CountryUnited States
Age93 (born: August 30, 1930)
Salary$100,000
Yearly Income$6 billion
Income SourceBerkshire Hathaway
Net Worth$135 billion

Interesting Facts About Warren Buffett

  • Warren Buffett started investing at a young age, buying his first stock at 11 years old. He worked in various jobs related to finance and investing during his college years.
  • Buffett attended the University of Pennsylvania’s Wharton School of Business for two years before transferring to the University of Nebraska, where he earned a Bachelor of Science degree in business administration. He later enrolled in Columbia Business School for his master’s degree but left without completing it to focus on his investing career.
  • In 1965, Buffett took control of Berkshire Hathaway, a struggling textile company. He transformed it into a diversified holding company for his investments.
  • Over the years, Berkshire Hathaway acquired numerous companies, including Geico, Dairy Queen, and See’s Candies. Buffett also invested in companies like Coca-Cola, American Express, Apple, and Bank of America, and IBM.
  • Outside of Berkshire Hathaway, Buffett has made personal investments in various companies and industries, often offering guidance and mentorship to business leaders.
  • Despite being one of the wealthiest individuals globally, Buffett leads a relatively modest lifestyle. He lives in the same house he bought in 1958 and drives a modest car.
  • Warren Buffett has promised to donate over 99% of his wealth. To date, he has donated over $56 billion, primarily through the Gates Foundation and the foundations established by his children.
  • Buffett is known for his value investing approach, focusing on fundamentally strong companies with long-term growth potential and buying them at a reasonable price.

How much share does Warren Buffett have in Coca-Cola?

Warren Buffett has been a long-time investor in Coca-Cola, dating back to the 1980s. Warren Buffett’s Berkshire Hathaway holds a significant number of shares in The Coca-Cola Company, although the specific number of shares owned is not publicly disclosed.

How did Warren Buffett make his money?

The majority of his wealth is closely connected to his investment firm.