Buffett, Warren Edward
Born: Aug 30, 1930 AD
Currently alive, at 84 years of age.
1930 - Born on August 30th in Omaha, Nebraska. American financier and investment businessman.
1941 - Warren Buffett always found numbers fascinating, and bought his first stocks at age 11 -- three shares in Cities Service Company, now known as CITGO.
1944 - He also sold soda pop door-to-door, had a paper route, and saved enough from those earnings to buy 40 acres in Nebraska at age 14.
1947 - Warren Buffett graduated from High School.
1950 - Warren built his personal capital up to $140,000 from a mere $9,800.
1952 - Married to Susan Thompson, a nightclub singer.
1956 - Warren Buffett rounded up seven limited partners which included his Sister Doris and Aunt Alice, raising $105,000 in the process.
1965 - Buffett's role at Berkshire Hathaway had actually been somewhat defined years earlier. After accumulating 49% of the common stock, Warren named himself Director.
1967 - Warren asked National Indemnity's founder and controlling shareholder Jack Ringwalt to his office.
1970 - Buffett named himself Chairman of the Board of Berkshire Hathaway and for the first time, wrote the letter to the shareholders.
1981 - Berkshire announced a new charity plan which was thought up by Munger and approved by Warren.
1988 - He started buying up Coca-Cola stock like an addict. His old neighbor, now the President of Coca-Cola, noticed someone was loading up on shares and became concerned.
1989 - Berkshire Hathaway was trading at $8,000 a share. Buffett was now, personally, worth more than $3.8 billion dollars.
1999 - Berkshire reported a net increase of 0.5% per share, several newspapers ran stories about the demise of the Oracle. Confident that the technology bubble would burst, Warren Buffett continued to do what he did best: allocate capital into great businesses that were selling below intrinsic value. His efforts did not go unrewarded.
2006 - Married to Astrid Menks on August 30th.
Page last updated: 1:07am, 05th Sep '07