Warren Buffett

 

Warren Buffett, often called the "Oracle of Omaha," is one of the most legendary investors in history. Born on August 30, 1930, in Omaha, Nebraska, he is currently 95 years old.

He is the chairman (and former CEO) of Berkshire Hathaway, a massive conglomerate he transformed from a struggling textile company into one of the world's most valuable businesses, with a market cap exceeding $1 trillion. Buffett stepped down as CEO at the end of 2025, with Greg Abel taking over day-to-day operations, though Buffett remains chairman.

As of early 2026, his net worth is estimated around $146–149 billion (varying slightly by sources like Forbes and Bloomberg), ranking him among the top 10–12 richest people globally. His wealth primarily stems from his massive stake in Berkshire Hathaway.

Key Aspects of His Life and Career

Early Start: Buffett showed business talent young—he bought his first stock at age 11, filed taxes at 13, and built small enterprises like delivering newspapers.

Investment Philosophy: He follows value investing principles learned from Benjamin Graham, emphasizing buying quality companies at fair prices and holding them long-term. Famous quotes include: "The stock market transfers money from the impatient to the patient" and "If you wouldn't hold it for 10 years, don't hold it for 10 minutes."

Philanthropy: Buffett has pledged to give away over 99% of his wealth. He's donated tens of billions (mostly Berkshire stock) to causes like the Gates Foundation and family foundations.

Recent Developments (as of February 2026)

Berkshire Hathaway was a net seller of stocks in late 2025 (Buffett's final quarter as CEO), trimming positions like Apple and Amazon while making moves like a ~$352 million investment in The New York Times—surprising given his past exit from newspapers.

Discussions continue around his views on taxes, Social Security, and corporate responsibility, including past comments on how high-performing companies like Berkshire contribute significantly to federal revenues.

Buffett's simple lifestyle (still living in the same Omaha house he bought in 1958), sharp wit, and long-term mindset continue to inspire investors worldwide. His annual shareholder letters remain must-reads for business insights.