How rich was Warren Buffett when he was your age: this is how his fortune has increased over the years


Warren Buffett is one of the richest people in the world, but he has amassed his fortune progressively and over many years. In fact, most of his wealth has come from the age of 50.

Born in 1930, this Monday, August 30, he has turned 91 years old and is still considered one of the greatest investment experts in the world, for which he is nicknamed the “Oracle of Omaha”, in reference to the city of Nebraska ( United States) in which he was born.

Warren Buffett is Chairman and CEO of Berkshire Hathaway, a conglomerate that owns companies like Geico, Duracell and Dairy Queen along with large investments in Coca-Cola, Heinz and Bank of America, and to which 99% of his wealth is connected.

This is the wealth that Warren Buffett has had throughout his life, based on net worth and earnings collected in various publications and from a GOBankingRates article.

Warren Buffett’s money in his early years

Warren Buffett, the son of a US congressman, bought his first stock when he was just 11 years old, and as a teenager he earned $175 a week delivering newspapers, which was more than most professors at the time.

In addition, he held other jobs such as polishing cars and selling golf balls and used cars, and by the age of 16 he had already accumulated $53,000 (about 44,850 euros, at current exchange rates).

Warren Buffett’s wealth with 20-29 years: exceeds $ 100,000

In the 1950s Warren Buffett was in his early twenties. He graduated from college and, after several attempts, managed to be hired by expert investor Benjamin Graham, who was a significant influence as a mentor.

He received an annual salary of $12,000 (more than 10,150 euros, 3 times what the average American family earned in 1954) and, in 1956, when Graham retired, he used what he had learned to form an investment company with family and friends.

At 26 years old, his net worth was between 140,000 and 174,000 dollars (between 118,500 and more than 147,000 euros), according to GOBankingRates.

Warren Buffett at 30-39 years old: achieves millionaire status

Legend has it that, as a child, he set out to be a millionaire by the time he turned 30; otherwise, he allegedly announced, he would jump “from the tallest building in Omaha.”

True or not, the truth is that he became a millionaire in the 1960s, when he was in his thirties. In 1962, his net worth reached $450,000 (more than 380,000 euros).

In a risky and successful move, he decided to put all that amount into his investment company, which grew to be worth $17 million in early 1964, of which Buffett owned $1.8 million. million (1.52 million euros).

A year later, he bought shares of Berkshire Hathaway until he took over the company, after which he closed his investment company.

Warren Buffett’s wealth in his 40s exceeds $100 million

In 1973, at the age of 43, the “Oracle of Omaha” had a net worth of 34 million dollars (28.8 million euros), which increased for decades thanks to the purchase a year earlier of the American candy manufacturer See’s Candy.

In 1978, at the age of 48 and driven by the constant growth of Berkshire Hathaway, Buffett exceeded 100 million dollars (84.6 million euros, approximately) in net worth.

Warren Buffett at 50: Billionaire

In 1982, Warren Buffett appears on the first Forbes list of the richest people in the world, with a fortune of 250 million dollars (211.6 million euros). Just 3 years later, at 55, Buffett breaks the barrier of 1,000 million dollars (846 million euros) and becomes a billionaire.

Before the end of the successful decade of the 80s and reaching the age of 60, the investor already had a net worth of 3,600 million dollars (more than 3,000 million euros).

The growth of Buffett’s fortune with 60-69 years

The 1990s saw the CEO of Berkshire Hathaway triple his already considerable fortune thanks to the company’s success.

Thus, it went to 10,700 million dollars (more than 9,000 million euros) in 1995 and continued to 36,000 million dollars (almost 30,500 million euros) in 1999.


Casey Harward

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