- NAME: Warren Buffett
- OCCUPATION: Entrepreneur
- BIRTH DATE: August 30, 1930 (Age: 82)
- EDUCATION: Woodrow Wilson High School, University of Pennsylvania, University of Nebraska, Columbia University
- PLACE OF BIRTH: Omaha, Nebraska
- Nickname: "Oracle of Omaha"
- Nickname: "Sage of Omaha"
- Full Name: Warren Edward Buffett
- AKA: Warren Buffett
- ZODIAC SIGN: Virgo
Best Known For
Known as the "Oracle of Omaha," Warren Buffett is an investment guru and one of the richest and most respected businessmen in the world.
Warren Buffett - Full Episode (48:40)
In the midst of his extensive annual report, Buffet finds every opportunity for humor-a trend praised by those who need to read it!
Buffett speaks on prejudice and promotional practices.
Warren Buffett may be a billionaire but he is still thrifty. He recounts an incident at a party in which, rather than drink the wine offered by the host, he seizes the moment as a business opportunity.
Warren Buffett is considered by his peers as the preeminent money mover of the 21st century. Now take a look at the life behind the financial wizard in this full Biography episode.
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In June 2006, Buffett made an announcement that he would be giving his entire fortune away to charity, committing 85 percent of it to the Bill and Melinda Gates Foundation. This donation became the largest act of charitable giving in United States history.
The majority of Buffett's considerable fortune was amassed through Berkshire Hathaway,
a company for which he is the largest shareholder and CEO. Once ranked as Forbes' wealthiest man in 2008, his net worth was estimated at roughly $44 billion in 2012.
Now in his eighties, Buffett recently announced that he is battling prostate cancer. He will begin treatment in July 2012 and expects to be able to fulfill his usual responsibilities at Berkshire Hathaway. "I feel great ... and my energy level is 100 percent," Buffett said in a statement.
In February 2013, Buffett purchased HJ Heinz with private equity group 3G Capital for $28 billion. 3G, a U.S.-Brazilian company, also owns Burger King and a portion of Anheuser-Busch InBev. According to TIME magazine, Buffett has praised Heinz for making "great-tasting products" and for good management over the past several years.
As of early 2013, Buffett was rated No. 15 on Forbes magazine's "World's Most Powerful People" list.
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They spent their lives amassing millions—sometimes even billions—then promised to give most of it away. Here are a few of the wealthiest one percent who have promised the majority of their fortunes to philanthropies and charitable organizations. Through their example, maybe more moguls will take up the banners of bigger causes.
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