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Business

Warren Buffett

Bought his first stock at 11; funded his 1956 partnership with family-and-friends money.

Born
1930 · Omaha, Nebraska, US
Roots
White American
Family
Affluent
Stockbroker father who later served four terms in the US Congress.
Education
University of Nebraska → Columbia Business School (under Benjamin Graham)
Started with
$105K raised
The 1956 partnership was funded by family and friends; he put in $100 of his own.
Affiliations & societies
The Giving PledgeDocumented
Co-founded the campaign with Bill and Melinda Gates in 2010.
Information only — claims like these are often unverifiable and may be wrong.

The pathway

  1. 1941 · age 11
    First stock purchase$114

    Three shares of Cities Service preferred.

  2. 1945 · age 14
    Paper routes and pinball

    Files his first tax return; installs pinball machines in barbershops with a partner.

  3. 1950 · age 20
    Rejected by Harvard Business School

    Enrolls at Columbia instead to study under Benjamin Graham.

  4. 1956 · age 25
    Buffett Partnership$105K

    Starts the fund in Omaha with money from family and friends.

  5. 1965 · age 34
    Takes control of Berkshire Hathaway

    Then a declining textile mill; becomes his holding company.

  6. 2006 · age 75
    Pledges most of his fortune

    The bulk committed to the Gates Foundation over time.

  7. 2008 · age 77
    Ranked world's richest person

    Per Forbes.

Sources

Compiled from these references and contemporaneous press reporting. Figures are approximate; verify before relying on them.