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Warren Buffett's Birthday
Warren Buffett was born on August 30, 1930. He was born in Omaha, Nebraska, and also has two other siblings. His parents are Howard and Leila Buffett. -
Selling Gum and Soda
At the age of 6, Buffett started selling Juicy Fruit gum packs, making a 2 cent profit per pack. And, bought the Coca-Cola six packs and sell each coke for 5 cents. -
Buying Stock
In 1941, Buffett bought six shares of Cities Service for 27 dollars per stock. He later sold the stock when it reached 40 dollars. -
Newspapers and Land
When Buffett was 15 he made 175 dollars a month selling Washington Post Newspapers and save 1200 dollars to buy forty acres of farmland. -
Starting a Company
In 1947, Buffet and his friend Donald Danly started a company called Wilson Coin Operated Machines where they would buy pinball machines and put them into barbershops for a 25 dollar fee. In return, they would make a 50 dollar profit per week. -
Making Partners
At the age of 27, Buffett made more partnerships, managing a total of 5 from his own home. -
Even More Partnerships
In 1961, Buffett has seven partnerships; Buffett Associates, Buffett Fund, Dacee, Emdee, Glenoff, Mo-Buff, and Underwood. He also earned a spot on the board of the company Sanborn. -
Making Millions
Buffett sells Dempster for 2.3 million dollars, making more than triple his invested amount. He then buys Berkshire shares for $14.86 per share. Buffett was then the largest shareholder of Berkshire Hathaway. -
Making Money
At the age of 38, Buffett's partnerships are now worth 108 million dollars -
Many Companies
By 2000, Buffett has acquired a handful of companies such as; Ben Bridge, CORT, Justin Industries, Shaw Industries, Benjamin Moore, and many other companies throughout the years. -
Giving it Away
Buffett announces that he will give away about 80% (about 37 billion), of his 44 billion fortune in annual gifts of stock.
