Warren Buffett is a well-known business magnate, philanthropist, and investor—the last of which he has been called the most successful investor of the 20th century, bar none. As the CEO, chairman, and largest shareholder of Berkshire Hathaway, he is currently the third wealthiest person in the world as of November 2015. Buffett’s net worth as of November 2015 is 65 Billion dollars, making him the third richest person in the world. He has held this wealth and his status on the world’s wealthiest list for many years.
Warren Buffett Net Worth- $65 Billion
Birth Name - Warren Edward Buffett
Date of birth - August 30, 1930
Zodiac Sign - Virgo
Birth Place - Omaha, Nebraska, U.S.
Nationality - American
Height - 5' 10"
Profession - Financier, Entrepreneur, Philanthropist, Investor
His corporation, Berkshire Hathaway, is a multinational conglomerate holding company that owns well-known companies such as: Geico, BNSF Railways, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, 26% of Kraft Heinz Company, an unknown percentage of Mars, Incorporated, and other powerhouses such as American Express, The Coca-Cola Company, Wells Fargo, IBM, and Restaurant Brands International.
What is interesting about Buffett is that he is not known solely for his wealth. Buffett is also one of the world’s most influential and likable wealthy people, due to his success in investing and personal frugality despite his wealth. Along with Bill Gates, Buffett is known as an immense philanthropist; possibly the most generous in history. Bill Gates’ “Giving Pledge,” which was aimed at getting the 40 wealthiest people on the planet to give away most of their income to charity during their entire lifetime, was embraced by Buffett, who pledged to give away a staggering 99% of his fortune to philanthropic causes, mainly via the Gates Foundation (a foundation headed by both Bill Gates and Melinda Gates).
The frugal living and sense of humility that he lives his life with, is what makes Warren Buffett so popular with the everyday person, thus making him a positive and global household name. His humble ways include him famously saying that his best investment he ever made was buying a book called “The Intelligent Investor,” by Benjamin Graham. Rather than mentioning money as his best investment, he won over the public by not only philosophically mentioning his gratefulness in learning how to be smart with money, but by his actual lifestyle. While buying high-end things as wealthy people do, Buffett still lives in the home he bought in 1958 for $31,500.
In line with his revered status as a corporate deity due to his decades-long reputation of smart investing, Buffett made his biggest deal ever in August of 2015, when he paid $37 billion for Precision Cast parts, a maker of aerospace and industrial parts. He has also gotten involved with Burger King and Tim Hortons (a coffeehouse chain), which is in line with the investments he has made that has made him one of the wealthiest men in the world.
His net worth is a mixture of active income from Berkshire Hathaway and passive income via his numerous and varying investment choices that have made him extraordinarily rich as well as a guru in investment decisions. Warren Buffett has been wealthy for decades and will likely remain one of the wealthiest people in the world as long as he lives.