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Birth
Warren Edward Buffett is born on August 30, 1930, in Omaha, Nebraska. He is the second of three children to parents Howard and Leila. -
Stock
At the age of 11, Buffet purchases his first stock. He paid $38.25 each for three shares of Cities Service preferred. It first drops to around $27, then shoots back to $40. Here he sells for his first profit. -
Partnership
At the age of 25, he starts a partnership with seven investors, three of which are family members. The initial investments total just over $105,000. -
More and More
Buffett is running seven partnerships by 1961. Buffett Associates, Buffett Fund, Dacee, Emdee, Glenoff, Mo-Buff, and Underwood. The partnerships are worth a couple million and Buffett makes his first million dollar investment in a company named Dempster. -
Berkshire
Buffett notices Berkshire Hathaway selling for $8 a share and starts buying aggressively. -
50.9%
Buffett now owns 59.5% of Berkshire Hathaway. Berkshire Hathaway pays a 10 cent dividend. This is the first and only dividend it has paid ever. -
Stock Milestone
In May, the price of one share of Berkshire Hathaway stock tops $1000 for the first time. -
Big Numbers
In January, the price for one share of Berkshire Hathaway stock tops $50,000 for the first time. The market value of the company is $76.4 billion -
Gates
Bill Gates is elected as a director for Berkshire Hathaway. -
Diagnoses
On April 17, Buffett reveals he has been diagnosed with stage I prostate cancer. In September he beats his cancer after months of radiation treatments. -
The story goes on
As Berkshire continues to accumulate more cash, it’s capital spending will increase. The Company continues to make deals and you will them grow more in the future.
