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Warren Buffett, Chairperson of Berkshire Hathaway, Entrepreneur, Social Entrepreneur, Warren Buffett Biography,
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The Life and Legacy of Warren Buffett

Warren Edward Buffett, an iconic American business magnate, philanthropist, and investor, is the chairman and CEO of Berkshire Hathaway. As of January 2024, he boasts a net worth exceeding 13,700 crores USD, ranking him among the world’s wealthiest individuals and one of the most successful investors in history.

Warren Buffett

Early Life and Education

Buffett was born on August 30, 1930, in Omaha, Nebraska, to Leila and Congressman Howard Buffett. Demonstrating an early interest in business and investing, young Buffett delved into entrepreneurial ventures, selling chewing gum, Coca-Cola bottles, and magazines door-to-door. At 11, he purchased his first stock, marking the beginning of a storied investment career.

Buffett attended Rose Hill Elementary School and later Alice Deal Junior High School, following his family’s move due to his father’s political campaign. He graduated from Woodrow Wilson High School in 1947, where he was noted for his passion for math and a future in stock brokerage.

Initially enrolling at the University of Pennsylvania’s Wharton School at 19, Buffett later transferred to the University of Nebraska, where he earned his degree. His investment philosophy took shape at Columbia Business School, where he studied under Benjamin Graham and earned an MBA. Buffett further honed his expertise at the New York Institute of Finance, working with Graham on various business ventures.

Career Beginnings

In 1956, Buffett founded Buffett Partnership, Ltd., eventually acquiring the textile firm Berkshire Hathaway and transforming it into a diversified holding company. Charlie Munger joined as vice-chairman in 1978, cementing a formidable business partnership. Buffett has served as Berkshire’s chairman and largest shareholder since 1970, earning him the nickname “Oracle of Omaha” for his investment acumen.


Buffett is a committed philanthropist, pledging to donate 99% of his wealth, primarily through the Bill & Melinda Gates Foundation. In 2010, he and Bill Gates launched The Giving Pledge, urging billionaires to donate at least half their fortunes to charitable causes.

Personal Life

Buffett married Susan Thompson in 1952, with whom he had three children: Susie, Howard, and Peter. Despite separating in 1977, they remained married until Susan’s death in 2004. Buffett married Astrid Menks in 2006, a close friend introduced by Susan.

An avid bridge player, Buffett frequently plays with fellow enthusiast Bill Gates. He supports Nebraska football, attends games, and was an honorary assistant coach for a season.

Business Philosophy

Buffett’s investment principles are rooted in value investing, a strategy he refined under Graham’s mentorship. He stresses buying undervalued stocks with strong potential and has consistently outperformed market benchmarks, challenging the notion that beating the market is mere luck.

Wealth and Recognition

Buffett topped Forbes’ list as the world’s richest person in 2008 and consistently ranks among the wealthiest individuals globally. He received the Presidential Medal of Freedom in 2011 and is a member of the American Philosophical Society. His influence extends beyond finance, with numerous media appearances and a reputation for blending humor with business insights.


In 2012, Buffett was diagnosed with stage I prostate cancer. He underwent successful radiation treatment and has since continued his business activities with vigor.


Buffett’s annual letters to Berkshire Hathaway shareholders are renowned for their wisdom and wit, offering insights into his investment strategies and philosophy. He continues to reside in Omaha in the same house he bought in 1958, embodying his principles of frugality and simplicity despite his immense wealth.

Buffett’s contributions to business and philanthropy, combined with his approachable personality, ensure his lasting legacy as one of the greatest investors and most generous philanthropists in history.


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