Warren Buffett

Birth

Aug 30, 1930

Warren Buffett was born on August 30, 1930 in Omaha, Nebraska. His father was a stock broker, his mother was a homemaker, and he had one older sister (later also a little sister).

First Investment

Jan 1, 1942

At age 11, Buffett made his first investment in Cities Service stock. The stock dropped from $38 to $27, but he waited until it was back up to $40 to sell it. The stock later jumped to $200 per share, and he noted this as a valuable lesson that investing requires patience.

First Entrepreneurial Experience

Jan 1, 1944

At age 13, he started his own business as a paperboy and did his own taxes, continuing to find ways to earn money.

Marries Susan Buffett

Apr 19, 1952

Susan was his younger sister's roommate, and when they got married she influenced him with her personality and opinions, causing him to switch from a republican to a democrat.

Formed Buffett Leadership Ltd.

Mar 7, 1956

He formed the partnership with a few of his family members and friends at the age of 25. It performed better than the DOW consistently.

Assumed Control of Berkshire Hathaway

Mar 7, 1965

Buffett had enough shares of the company that he assumed control and later also became the CEO.

Closes Partnership

Mar 7, 1966

At age 36, Buffett closed down the partnership, admitting no additional partners. The partnership had made him a millionare.

Net-worth hit over a billion dollars

Mar 7, 1986

By age 56, he hit the billion dollar mark and by then end of the year had a net worth of $1.4 billion.

Donated to Charity

Jun 7, 2006

Warren Buffett donated about $2.86 billion to the Bill and Melinda Gates Foundation, which was 85% of his fortune. This became the biggest charitable amount in history.

Diagnosed with cancer

Mar 7, 2012

After being diagnosed with the beginning stages of prostate cancer, Warren Buffett underwent radiation treatment and successfully finished in November of the same year.