Warren Edward Buffett (August 30, 1930) is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of
Berkshire Hathaway. He is considered one of the most successful investors in the world and has a
net worth of
US$84.4 billion as of November 1, 2018, making him the
third-wealthiest person in the world.
Buffett was born in
Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the
Wharton School of the University of Pennsylvania in 1947 before transferring and graduating from
University of Nebraska at the age of 19. He went on to graduate from
Columbia Business School, where he molded his investment philosophy around the concept of
value investing that was pioneered by
Benjamin Graham. He attended
New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created the Buffett Partnership after meeting
Charlie Munger, and his firm eventually acquired a textile manufacturing firm called
Berkshire Hathaway and assumed its name to create a diversified holding company.