The success story behind Berkshire Hathaway’s Warren Buffett---who is also the company’s largest shareholder and CEO---spans back to his years packing groceries at his grandfather’s grocery store. Buffet showed maturity beyond his years when he decided that he would rather make money than play games with the other children his age.
Born Warren Edward Buffett on August 30, 1930 to a stockbroker-turned-Congressman, it is no wonder that Buffett showed an amazing flair for business and numbers at such an early age. At 11 years old, he jumped into the world of high finance by buying three shares of Cities Service that he later sold. He immediate regretted the decision as the numbers for Cities Service soared. Buffett learned his lessons earlier than most, paving the way for the plethora of critical real-world decisions he was going to make.
Warren Buffett was educated at Woodrow Wilson High School, Washington, D.C. after his father was elected into Congress. He received his college eduation at The Wharton School, University of Pennsylvania then later at the University of Nebraska where he received a B.S. in Economics. Choosing to further his education, Buffett enrolled at the Columbia Business School where he graduated in 1951 with an M.S. in Economics.
Warren Buffett experienced a variety of jobs before he landed himself at Berkshire Hathaway. Fresh out of school, he worked as an investment salesman at Buffett-Falk & Co., Omaha until 1954. From 1954 to 1956, Buffett served at Graham-Newman Corp., New York as a Securities Analyst. From 1956-1969, he sat as a General Partner at the Buffett Partnership, Ltd. Since 1970, Buffet has served at Berkshire Hathaway Inc., Omaha as its Chairman and CEO.
Berkshire Hathaway Inc. is a conglomerate holding company that oversees and manages a number of subsidiary companies. Since coming onboard, Buffet has been instrumental in driving the company to the colossal status it stands at today.
In 2008, Warren Buffet was ranked number one on Forbes list of World’s Billionaires making this the richest success story in the world.
