Many people dream of becoming the wolf of Wall Street. And it might seem easy—just putting some money in stocks and watching it grow, right?
Well, one of the most popular investors, Warren Buffett, tells another story. His experience has proven that hard work pays off—slowly but steadily.
He didn’t achieve his success overnight, but he’s a role model to many.
Below, we gathered some Warren Buffett statistics to share with you his expiring story.
Cornerstone Warren Buffett Facts (Editor’s Choice)
- Warren Buffett was born in 1930 in Omaha, Nebraska.
- He founded Buffed Partnership, Ltd. at the age of 25.
- Warren Buffett made around $175 per month as a teenager.
- His net worth is nearly $105 billion.
- Warren Buffett spends nearly 80% of his workdays reading.
- He has invested around $15 billion in wind and solar energy.
- Berkshire Hathaway owns around 65 companies.
Warren Buffett Biography
Before we dive into the business world, let’s cover a few facts about Warren Buffett’s early life.
When was Warren Buffett born?
What did he do during his early years?
When did he start investing?
Read on for the answers to these and other questions.
1. Warren Buffett was born in Omaha, Nebraska in 1930.
(Source: Al Bawaba)His father, Howard Buffett, was a Republican congressman and investor at the time. He began investing at an early age and even started a brokerage firm.
Young Warren followed in his father’s footsteps.
How old was Warren Buffett when he started investing?
You wouldn’t believe the answer.
He bought his first stock at 11! What’s more, he filed taxes for the first time at the age of 13.
2. Buffett is known as the “Oracle of Omaha.”
(Source: Fool.com)Although “psychic” isn’t on the Warren Buffett bio, he sure can leave such an impression.
We guess knowing the ins and outs of the stock market pays off.
That, combined with a lot of confidence in himself and hard work, explains his success.
3. Warren Buffett has a Bachelor’s degree from the University of Nebraska.
(Source: Al Bawaba)The young Warren wanted to focus on his investing skills, but his father made him enroll in the University of Pennsylvania.
Although he maybe didn’t realize it at the time, Warren Buffett’s education gave him a solid foundation for his business affairs.
He later transferred to the University of Nebraska, where he got a BSc in Business Administration.
4. The Harvard Business School rejected Warren Buffett.
(Source: Al Bawaba)He wanted to get his Master’s degree there, but he was rejected after the interview.
Statistics show the acceptance rate at Harvard is 4.7%, and Warren Buffett just wasn’t among the lucky few. After all, back then, he wasn’t the name he is today.
Still, young Warren didn’t get discouraged by this. Instead, he went to Columbia University. His role model, British economist and investor Benjamin Graham, went there, which inspired him to enroll.
He graduated with a Master’s degree in Science in Economics in 1951.
5. In 1951, after getting his Master’s degree, Buffett started working at Buffett-Falk & Co.
(Source: Al Bawaba)Warren Buffett started his career in 1951 as an investment salesman at Buffett-Falk & Co. He stayed there for three years.
6. Warren Buffett reads and thinks nearly 80% of every workday.
(Source: Fool.com)Warren Buffett is no ordinary CEO. He doesn’t act on a hunch.
He spends a lot of time reading and reflecting on his ideas. That doesn't mean he’s indecisive, though.
Warren Buffett simply likes to gather all the information before acting. He reads books, newspapers, and expectedly, annual reports to monitor the competition and his own companies’ performance.
As we mentioned above in the list of Warren Buffett facts, the businessman achieved his success with a lot of hard work. That includes carefully planning every action.
7. At the time of writing, Berkshire Hathaway owns over 60 companies.
(Source: Forbes)There are some pretty big names on that list, too.
For example, the vehicle insurance company GEICO, fast food restaurant Dairy Queen, and battery manufacturer Duracell.
8. Warren Buffett frequently holds newspaper-tossing contests.
(Source: Fool.com)There are many interesting Warren Buffett facts, but this one is pretty hard to top.
As a teenager, he saved up money by delivering newspapers. Unsurprisingly, he became good at tossing them.
So good, in fact, he held newspaper-tossing contests at shareholder meetings.
Warren Buffett Investing Statistics
What is Warren Buffett known for?
He is widely considered to be the greatest, most successful investor of all time. He is rarely wrong, and as such, his investments are always worth paying attention to.
9. Buffett started making money when he was only six years old.
(Source: CNBC)The famous investor is now associated primarily with stocks and his company, Berkshire Hathaway. However, that was not how Warren Buffett made his money early on.
He was racking money way before his first investment in the stock market.
He sold chewing gum and Coca-Cola to his neighbors at the age of six. At age 13, he delivered newspapers.
You might think he didn’t earn any money with those childhood jobs. But by the age of 15, he had made $2,000 and invested $1,200 of them in a farm.
10. Buffett made around $175 per month as a teenager.
(Source: Money Inc)We bet you didn’t expect to see this number in a list of Warren Buffett statistics.
While it doesn’t sound like a mind-blowing amount, keep in mind that he was only a kid. Plus, we have to take into account the inflation—$175 had a lot more purchasing power then than they have now.
11. By the age of 20, Warren had saved around $5,000.
(Source: CNBC)Not only did he start selling and investing early on, he did it right. Instead of spending recklessly his earnings, he saved the money.
Before the age of 20, his entrepreneurial escapades earned him $5,000.
That would be a lot even for today’s standards, but we’re talking about the 1940s. In today’s money, that’s around $53,000!
12. Warren Buffett founded Buffed Partnership, Ltd. at the age of 25.
(Source: Al Bawaba)What’s more impressive is that Warren Buffett used his own money to start a business. Granted, $105,100 might not sound like enough to start such an ambitious project, but he made it work.
13. Warren Buffett plans to donate 99% of his wealth.
(Source: Forbes)Time and time again, telling acts and facts about Warren Buffett demonstrate how generous he is. He even claims he wants to donate 99% of his wealth!
He has already donated over $45 billion, mostly to his childrens’ foundations and the Gates Foundation.
Considering his net worth is over a hundred billion dollars, he should donate at least $55 billion more to live up to his promise.
Warren Buffett Net Worth Statistics
All stats about the Oracle of Omaha would be hollow if it wasn’t for his net worth.
So, how much is Warren Buffett worth?
14. As of January 2022, Buffett has a net worth of over $116 billion.
(Source: Forbes)How much money does Warren Buffett have?
That has to be the most common question about the great investor. He might not be the richest person in the world, but he’s still among the top 10.
Warren Buffett statistics show that he ranks eighth on the Forbes list, with over $116 billion at the beginning of 2022.
15. Warren Buffett is the oldest of the top 10 richest people in the world.
(Source: Al Bawaba)The billionaires at the top of the list, like Elon Musk and Jeff Bezos, are around 50.
In 2022, Warren Buffett will turn 92, but the fact is that his net worth keeps growing!
By how much?
16. Warren Buffett makes approximately $10,842,033 per day.
(Source: The STRIVE)How much does Warren Buffett make a day?
Of course, we don’t have the exact number for each day. But if we take his earnings per year, which are around $3.9 billion, we can calculate his monthly, weekly, and daily income easily.
Let us spare you the headache—that’s $329 million per month, $76 million per week, and almost $11 million per day.
17. Buffett makes around $125 per second.
(Source: The STRIVE)How much does Warren Buffett make a second?
Around $125. That’s $75 more in only two seconds than the $175 he made for a month as a teenager!
Wrap Up
We hope you enjoyed our list of Warren Buffett facts and maybe even learned something.
The Oracle of Omaha makes investing seem easy, but it takes a lot of hard work and dedication to achieve the level of success he has.
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