There are few people as successful and accomplished as Warren Buffett. He is a legendary investor and one of the world’s richest people. However, even someone as famous as Warren Buffett has secrets that the public doesn’t know about. This blog post will explore nine things you didn’t know about Warren Buffet. Some of these facts may surprise you!
- He was born in Omaha, Nebraska
On August 30, 1930, Warren Buffett was born in Omaha, Nebraska. He was the second of three children and the only son of Howard and Leila Buffett. His father was a stockbroker, and his mother was a homemaker.
- He was a shy child
Warren Buffett was a shy child and did not like to be in the spotlight. He was an introvert who preferred reading and doing puzzles to playing with other children.
- He made his first investment at age 11
Warren Buffett made his first investment at age 11 when he bought three shares of Cities Service Preferred for himself and two for his sister. He bought the shares for $38 each and sold them a few weeks later for $40 each.
- He delivered newspapers as a child
To earn extra money, Warren Buffett delivered newspapers. He started with The Washington Post and then moved to The Omaha World-Herald. He made about $175 per week, which was a lot of money in the 1940s.
- He graduated from high school at age 16
Warren Buffett graduated from high school at age 16. He then enrolled in courses at the University of Nebraska-Lincoln. However, he transferred to the Wharton School of Business at the University of Pennsylvania after two years.
- He was rejected by Harvard Business School
After graduating from the Wharton School of Business, Warren Buffett applied to Harvard Business School. However, he was rejected. He has said that this was one of the best things that ever happened to him because it led him to Columbia Business School, where he met his mentor, Benjamin Graham.
- He is a self-made billionaire
Warren Buffett is a self-made billionaire. He did not inherit his wealth; he built it himself through investing.
- He is a value investor
Warren Buffett is a value investor. This means that he looks for companies undervalued by the market and invests in them. He has said that he looks for companies with a “moat,” or a competitive advantage, that will protect them from competitors.
- He is worth an estimated 126 billion dollars
As of March 2022, Warren Buffett is worth 126 billion dollars. This makes him the third richest person in the world, behind only Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates.