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Warren Buffett

Warren Buffett. By: Kan Lalli. Warren Buffet is an important member of society because:. He realized his dream as a child, and took steps to reach it. He created one of the biggest empires in the world all by himself. Background. Born on August 30, 1930 in Omaha, Nebraska.

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Warren Buffett

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  1. Warren Buffett By: Kan Lalli

  2. Warren Buffet is an important member of society because: • He realized his dream as a child, and took steps to reach it. • He created one of the biggest empires in the world all by himself. Footer Text

  3. Background • Born on August 30, 1930 in Omaha, Nebraska. • The only boy in the second of three children. • Son of a Congressman and stockbroker. • He delivered newspapers as a child to earn money. Footer Text

  4. Berkshire Hathaway • GEICO-January 1996 • General Re-December 1998 • MidAmerican Energy Holdings Company • Fruit of the Loom-April 29, 2002 • Acme Building Brands-2000 • FlightSafety International-LaGuardia Airport,NY-1996 • His company holds: • 12.6% of American Express co. • 8.6% of The Coca-Cola Company • 5.6 % of Kraft Foods • 19 % of Wells Fargo • As of 2008, Berkshire owns $27 billion in fixed income securities, mainly foreign government bonds and corporate bonds. Footer Text

  5. A few facts • "Money will always flow toward opportunity, and there is an abundance of that in America.“ • When he was six years old, Buffett purchased 6-packs of Coca-Cola from his grandfather's grocery store for twenty five cents, and resold each of the bottles for a nickel, pocketing a five cent profit. • (Each cost 4 cents, he sold for 5 cents each.) • In an individual had invested $10,000 in Berkshire Hathaway in 1965, it would be worth about $51 million in 1999. ($1=$5100) • When he was a child, his life's goal was to be “Very, very rich.” Footer Text

  6. A few more facts • He was listed as the wealthiest man in the world in 2008, and in 2011, he is ranked #3. • He still lives in the same house he bought in 1957. • Warren married Susan Buffett in 1952. They had three children: Susie, Howard and Peter. • They began living separately in 1977, although they remained married until her death in July 2004. Footer Text

  7. He is important to society because… • His company controls and makes a lot of things we know and use everyday. • His company employs more than 233,000 people. • The annual revenue of Berkshire is over 118 Billion. • Berkshire owns companies from industries like insurance, construction, furniture, apparel, transportation, food, media, jewelry, and energy. Footer Text

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