CEO: Berkshire Hathaway (BRK.A)
Net worth: $103 billion
Berkshire Hathaway owns: 16% ($102 billion)
Other assets: $1.05 billion in cash
Warren, known throughout his life as a value investor, filed his first tax return in 1944 at the age of 14 and reported his net income on paper as a child.
In 1962 he invested in a textile company called Berkshire Hathaway and in 1965 he became the majority shareholder.
In 1967, Buffett expanded his corporate holdings into insurance and other investments.
Berkshire Hathaway is now his $657 billion company and on November 1, 2022 one of his shares (Class A) is trading above his $443,841.
Often referred to as the Oracle of Omaha, Buffett is a buy-and-hold investor who has made his fortune buying undervalued companies.
Most recently, Berkshire Hathaway invested in large, well-known companies.
The wholly-owned subsidiary’s product portfolio includes insurance, power distribution, rail and consumer goods.
Buffett is known as a bitcoin skeptic.
Buffett puts most of his fortune into charity.
From 2006 to his 2020, he gave away his $41 billion.
Much of this was donated to the Bill and Melinda Gates Foundation and his children’s charities.
Buffett co-founded The Giving Pledge in 2010 with Bill Gates.
Buffett, 92, will remain CEO but said his successor would likely be Gregory Abel, who runs Berkshire’s uninsured business.
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