Dave Manuel Logo
Tuesday, September 16, 2014
Click Here to Subscribe to My Free Newsletter

DaveManuel.com BLOG POSTS
FRONT PAGE
ABOUT
SEARCH
CONTACT ME
SPECIAL FEATURES
INTERNATIONAL
ARTICLE ARCHIVE
BLOG POSTS
DICTIONARY
POLITICIANS
POL. NET WORTH
OTHER NET WORTH
U.S. DEBT CLOCK
NEWSLETTERS
DEALS
U.S. UNEMPLOYMENT
INFOGRAPHICS
NEWSLETTER
ADVERTISE
ARTICLE FEED
BLOG FEED



What is Warren Buffett's Net Worth?







Name: Warren Buffett

Born: August 30th, 1930

Company: Berkshire Hathaway, Inc. (BRK-A)

Position: Chairman, CEO


Warren Buffett currently has a net worth of an estimated:

$72,826,149,430


Warren Buffett's net worth increased by $516,250,000 on 9/15/2014


Information:

Warren Buffett, also known as the "Oracle of Omaha", is one of the richest men in the world.

According to Forbes.com, Warren Buffett is currently the third richest man in the world, behind only Carlos Slim Helu & Family and Bill Gates.

Many people believe that Warren Buffett is the greatest investor that has ever lived, and it's really hard to argue with that. Berkshire Hathaway, which is the conglomerate that Warren Buffett controls, is currently worth over $222 billion. Thanks to his stake in the company, Buffett is worth tens of billions of dollars.

Warren Buffett took control of Berkshire Hathaway in the '60s through his various partnerships. Buffett's partnerships starting buying up Berkshire Hathaway at $7.60 per share. A short while later, Buffett took control of the company and named a new President.

The insurance group is the heart and soul of Berkshire Hathaway's operations. Berkshire Hathaway currently owns GEICO and General Re. The insurance operations provide Berkshire Hathaway with a multi-billion dollar "float" that can be be put to use in long-term investments for the company's benefit.

Warren Buffett believes in investing in businesses that he can understand. In addition, he has a high regard for companies that throw off large amounts of positive cash flow every year.

Berkshire Hathaway has taken some very large positions in well-known companies throughout the years. Some of the centerpieces of the Berkshire Hathaway portfolio have included Coca-Cola, American Express, Gillette and the Washington Post.

Thousands of people flock to the Berkshire Hathaway annual shareholder's meeting every year, eager to listen to Buffett answer questions about his company and the economy in general. The annual meeting has become known as "Woodstock for capitalists". Buffett's annual letters to Berkshire Hathaway's shareholders are also extremely popular.

Buffett has received his share of criticism over the years. During the dot-com boom, Buffett was mocked for not investing in high-flying Internet stocks. Buffett refused to do so, arguing that he didn't understand the companies or their valuations. In the end, Buffett was vindicated when the bubble popped.

In addition, Buffett has been accused by some of unfairly profiting off of the financial crisis of 2008. Berkshire Hathaway was able to land some very good deals during the height of the meltdown, including a well-publicized deal with Goldman Sachs. In the end, Buffett is in the business of making money for his shareholders and can't be faulted for doing so.

--

As of the end of 2011, Berkshire Hathaway had posted an annual percentage gain of 19.8% in terms of the per-share book value of the company. This works out to an overall gain of 513,055% from 1965 to 2011.

The S&P 500, on the other hand, gained 9.2% per year from 1965-2011, for an overall gain of 6,397%.

Buffett, who has already given away a substantial amount of his wealth to charity, has promised to donate nearly all of his money to charity when he passes away.

Warren Buffett has never gotten caught up in his wealth - he still lives in the same Omaha house that he purchased in 1957 for $31,500.

As of the time that this article was written, Buffett owned 350,000 Class A shares of Berkshire Hathaway and 3,770,934 Class B shares. The Class A shares are worth tens of billions of dollars, while the Class B shares were valued at $337,649,430.36.

Warren Buffett takes a $100,000 salary per year from Berkshire Hathaway.



Q: How many shares of Berkshire Hathaway, Inc. does Warren Buffett own?

A: 350,000


Notes:

Warren Buffett is worth 942,124 times more than the median US household

If Warren Buffett sold everything that they owned, they could fund the United States' deficit spending for 24.2 days.



Most Recent SEC Filings From Warren Buffett

13F-NT - Quarterly report filed by institutional managers, Notice
Filed: August 14, 2014, 1:02 pm

3 - Initial statement of beneficial ownership of securities
Filed: August 1, 2014, 5:00 pm

SC 13D/A [Amend] - General statement of acquisition of beneficial ownership
Filed: July 15, 2014, 11:51 am

4 - Statement of changes in beneficial ownership of securities
Filed: July 15, 2014, 11:49 am

4 - Statement of changes in beneficial ownership of securities
Filed: July 2, 2014, 3:09 pm




Note: Net Worth changes calculated at 4 pm EST daily

The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.

By:







Twitter

421
Twitter $$


SPECIAL FEATURES

Debt Ceiling Changes (1940-Present)

United States Debt Clock

Where Did The DJIA/NASDAQ/S&P 500 Trade On..

Historical GDP Numbers for the United States

Historical Spending Increases

US Government Spending Breakdown 1962-2015

History of Deficits and Surpluses in the U.S.

History of Debt In The United States

Largest Foreign Holders of US Debt

Historical Gold Prices

Inflation Calculator

What Did It Cost?

Hedge Fund Filings

Historical Unemployment Rates in the United States

Historical State Unemployment Rates

Canada Debt Clock

A History of Bank Failures in the United States

Dow Jones Historical Data

Nasdaq Historical Data

S&P 500 Historical Data

Median Household Income History

House of Representatives History

Compound Interest Calculator

List of Failed US Banks 2014

Historical Unemployment Rates in Canada

UK Debt Clock

Intragovernmental Holdings

Historical Fed Funds Rate

Historical Bitcoin Prices

Financial Twitter Alerts




BLOG POSTINGS

Las Vegas: Democrats Currently The Favorites To Win in 2016

Los Angeles Clippers Likely To Fetch $1 Billion+ in Sale

Mark Cuban Not Sweating His Lack of Involvement in Box IPO

Vince McMahon a Billionaire Once Again

Parsing Obama's 2014 State of the Union Address

NHL Franchise Values Continue To Soar

Twitter To Trade Under TWTR Symbol

Shares of Tesla Drop on Downgrade, Car Fire

More Problems Arise For JC Penney

AMC Networks Basks In Glow of "Breaking Bad" Finale



INTERNATIONAL

Etoro Rezension

Os Dois Principais Corretores de Forex no Brasil

Meus Corretores Forex Brasileiros Favoritos



POLITICAL NET WORTH

Ted Cruz Net Worth

Marco Rubio Net Worth

Hillary Clinton Net Worth

John Boehner Net Worth

Paul Ryan Net Worth

Rick Santorum Net Worth

Newt Gingrich Net Worth

Mitt Romney Net Worth

Ron Paul Net Worth

Joe Biden Net Worth



OTHER NET WORTH

Lionel Messi Net Worth

Rand Paul Net Worth

Dr. Dre Net Worth

Wayne Rooney Net Worth

Johnny Manziel Net Worth

Stephanie McMahon Net Worth

Satya Nadella Net Worth

Paul Allen Net Worth

Adam Silver Net Worth

Peyton Manning Net Worth

Jay-Z Net Worth

Winklevoss Twins Net Worth

Chris Christie Net Worth

Adrian Peterson Net Worth



MOST RECENT DICTIONARY ENTRIES

Downtrend

Battlebus

Ballot Box

Market Timer

Annex

Cold Storage

Asset Allocation

Surge Pricing

Vault Cash

Hot Wallet




CREDIT CARDS AND OTHER SERVICES

The Top Three Online Stock Brokers In Canada

The Top Two Forex Brokers in Canada

PersonalLoans.com Review

Economist GMAT Tutor Review

MyHosting.com Promo Code

Media Temple Special Offer Code

Etoro - Tap Into The Power of the World's Largest Social Investment Network

Certified Hosting Promo Code

Yahoo! Web Hosting Coupon Code

Hostpapa Coupon Code

Hostgator Coupon Code

Fatcow Discount Coupon Code




ARTICLE ARCHIVES

Blog Posts

Company Reviews

Daytrading

General Knowledge

General Market News

Health + Fitness

Hedge Fund News

Internet Companies

Making Money Online

Motivational

Online Forex Trading

Real Estate News

Stock Market Education

Stock Market Scandals

The Economic Meltdown

Trader Profiles



DaveManuel.com - Copyright 2014, All Rights Reserved | Advertise | Privacy Policy | Disclaimer