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Warren Buffett: The Oracle of Omaha

Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska. As of right now, he is exactly -- years old. Our exact days calculator above updates every second, showing his precise age down to the minute.

From his first investment at age 11 to becoming one of the world's wealthiest people, Buffett has consistently demonstrated the power of long-term value investing. He became a billionaire in 1986 and has remained among the world's richest people for decades, primarily through his leadership of Berkshire Hathaway.

πŸ’° Warren Buffett's Milestone Timeline (Exact Ages)

Here's what Warren Buffett accomplished at each ageβ€”calculated to the exact day:

Age 11 (1941)

Made his first investment, buying three shares of Cities Service Preferred stock for $114.75

Age 13 (1943)

Filed his first tax return, claiming his bicycle as a business expense for his paper route

Age 14 (1944)

Invested $1,200 in farmland, earning his first passive income

Age 20 (1950)

Graduated from Columbia Business School, where he studied under Benjamin Graham

Age 26 (1956)

Started Buffett Partnership Ltd. with $105,100 from family and friends

Age 35 (1965)

Took control of Berkshire Hathaway, transforming it from a textile company into a holding company

Age 56 (1986)

Became a billionaire when Berkshire Hathaway stock reached $2,000 per share

Age 78 (2008)

Became the world's richest person with a net worth of $62 billion, according to Forbes

Age 80 (2010)

Announced plans to donate 99% of his wealth to charity, primarily through the Gates Foundation

Age 90 (2020)

Celebrated his 90th birthday, continuing to serve as CEO and Chairman of Berkshire Hathaway

Age 93 (2023)

Remained actively involved in Berkshire Hathaway, demonstrating remarkable longevity in business leadership

Inspired by Buffett's investment philosophy? Explore Warren Buffett books on Amazon to learn about value investing and long-term wealth building strategies.

πŸ“ˆ Warren Buffett & Investment Philosophy

Buffett is known for his value investing approach, focusing on companies with strong fundamentals, competitive advantages, and long-term growth potential. His investment philosophy emphasizes patience, discipline, and understanding the businesses you invest in. Learn more about investing with investment books on Amazon.

  • Value Investing: Focus on buying undervalued companies with strong fundamentals
  • Long-term Perspective: "Our favorite holding period is forever"
  • Circle of Competence: Invest only in businesses you understand
  • Margin of Safety: Buy at prices significantly below intrinsic value
  • Patience: Wait for the right opportunities rather than trading frequently
  • Compound Interest: "The eighth wonder of the world"

πŸ’‘ Buffett Quote

"Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."

πŸ“Š Warren Buffett Quick Facts

Full Name

Warren Edward Buffett

Born

August 30, 1930

Birthplace

Omaha, Nebraska

Nickname

Oracle of Omaha

Company

Berkshire Hathaway

Net Worth (2024)

~$130+ billion

πŸŽ‚ When Is Warren Buffett's Next Birthday?

Warren Buffett's birthday is August 30th. According to our live counter, his next birthday is in -- days. On that day, he will turn -- years old.

Want to calculate your own exact age? Use our Exact Days Calculator to find out how many days you've been alive! Learn more about Buffett's investment strategies with value investing books on Amazon.

πŸ“š Early Life and Education: The Foundation of Success

Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska, during the Great Depression. His father, Howard Buffett, was a stockbroker and later a U.S. Congressman, while his mother, Leila, was a homemaker. The family's financial struggles during the Depression would later influence Buffett's conservative investment philosophy and his emphasis on value and long-term thinking.

Buffett showed an early interest in business and investing. At age 11, he made his first stock purchase, buying three shares of Cities Service Preferred for $114.75. By age 13, he was running paper routes and filing tax returns, claiming his bicycle as a business expense. This early entrepreneurial spirit and attention to detail would become hallmarks of his career.

Buffett attended the University of Nebraska and later Columbia Business School, where he studied under Benjamin Graham, the father of value investing. Graham's teachings about buying undervalued stocks with a "margin of safety" would become the foundation of Buffett's investment philosophy. Buffett graduated from Columbia in 1951 with a Master of Science in Economics.

πŸ’Ό Building Berkshire Hathaway: From Textiles to Conglomerate

In 1956, at age 26, Buffett started Buffett Partnership Ltd. with $105,100 from family and friends. The partnership was highly successful, generating average annual returns of 23.8% over 13 years, compared to the Dow's 9.1% during the same period. This success established Buffett's reputation as an exceptional investor.

In 1965, at age 35, Buffett took control of Berkshire Hathaway, a struggling textile company. Rather than trying to save the textile business, Buffett transformed Berkshire into a holding company, using its cash flow to acquire other businesses. This strategy of buying entire companies rather than just stocks would become a defining characteristic of Berkshire Hathaway.

Under Buffett's leadership, Berkshire Hathaway has grown into one of the world's largest and most successful conglomerates, with holdings in insurance, utilities, manufacturing, retail, and numerous other industries. The company's Class A stock has become the most expensive stock in the world, trading at hundreds of thousands of dollars per share.

πŸ“ˆ The Value Investing Philosophy

Buffett's investment philosophy is based on value investing principles: buying stocks of companies that are undervalued by the market, with strong fundamentals, competitive advantages (what he calls "moats"), and capable management. He focuses on long-term value rather than short-term price movements, famously saying his favorite holding period is "forever."

Key principles of Buffett's approach include: investing in businesses you understand, looking for companies with durable competitive advantages, buying at attractive prices, and holding for the long term. He avoids complex financial instruments, trendy investments, and market timing, instead focusing on fundamental analysis and patience.

Buffett's annual letters to Berkshire Hathaway shareholders are considered required reading for investors worldwide. These letters, written in clear, accessible language, explain his investment decisions, business philosophy, and views on the economy. They demonstrate his ability to communicate complex financial concepts in understandable terms.

🎯 Notable Investments and Business Acquisitions

Throughout his career, Buffett has made numerous successful investments and acquisitions. Some of his most notable include: Coca-Cola (a major holding since 1988), American Express, Apple (which became Berkshire's largest holding), and numerous insurance companies including GEICO, which Berkshire acquired in 1996.

Buffett's acquisition strategy focuses on buying entire companies with strong management teams and letting them operate independently. He looks for businesses with predictable earnings, strong brands, and minimal capital requirements. This approach has allowed Berkshire to grow consistently while maintaining its decentralized management structure.

One of Buffett's most famous investments was his purchase of See's Candies in 1972 for $25 million. This acquisition demonstrated his preference for simple, understandable businesses with strong brands and pricing power. See's has since generated over $2 billion in profits for Berkshire, making it one of his most successful investments.

πŸ’° Philanthropy and the Giving Pledge

In 2006, Buffett announced he would donate 85% of his Berkshire Hathaway stock to charity, primarily through the Bill and Melinda Gates Foundation. This commitment, valued at over $30 billion at the time, represented one of the largest charitable donations in history. In 2010, Buffett and Bill Gates launched the Giving Pledge, encouraging billionaires to commit to giving away at least half their wealth to charity.

Buffett's approach to philanthropy reflects his business philosophy: he trusts the Gates Foundation to allocate the funds effectively, just as he trusts the managers of Berkshire's subsidiaries to run their businesses. This delegation of responsibility allows him to focus on what he does best while ensuring his wealth is used effectively to address global challenges.

Despite his immense wealth, Buffett has maintained a relatively modest lifestyle. He still lives in the same house he bought in 1958 for $31,500, drives ordinary cars, and is known for his frugal habits. This contrast between his wealth and lifestyle has made him a unique figure in the world of billionaires.

πŸ“š The Oracle of Omaha: Wisdom and Influence

Buffett's nickname, "The Oracle of Omaha," reflects his reputation for investment wisdom and his ability to predict market trends. His annual shareholder meetings, known as "Woodstock for Capitalists," attract tens of thousands of attendees from around the world who come to hear his insights on investing, business, and life.

Buffett's influence extends far beyond investing. His views on corporate governance, executive compensation, and economic policy are widely respected and often cited. He has been a vocal advocate for higher taxes on the wealthy and has criticized excessive CEO pay and corporate short-termism.

His ability to explain complex financial concepts in simple terms has made him one of the most accessible and respected figures in finance. Whether through his annual letters, interviews, or public appearances, Buffett consistently provides valuable insights that benefit both professional investors and ordinary people seeking to understand finance and investing.

πŸ† Legacy and Continuing Impact

As Warren Buffett continues to lead Berkshire Hathaway into his nineties, his legacy as one of the greatest investors in history is secure. His approach to value investing has influenced generations of investors, and his success has demonstrated that patient, fundamental analysis can outperform more speculative strategies over the long term.

Buffett's impact extends beyond his investment returns. His emphasis on ethical business practices, long-term thinking, and shareholder value has influenced corporate America. His philanthropic commitments have addressed global challenges including poverty, disease, and education, demonstrating that wealth can be used to create positive change.

As we track how old Warren Buffett is and count down to his next birthday, we witness the ongoing career of a man who has redefined investing, built one of the world's most successful companies, and used his wealth to make a positive impact on the world. His journey from a young investor in Omaha to one of the world's wealthiest and most respected individuals serves as an inspiration to investors and entrepreneurs worldwide.

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