Warren Buffett “The Oracle of Omaha”

One of the missions of this blog is to inform and educate people about what’s happening in the globe. Part of this is to write about people and their initiatives to somewhat help the planet from devastation. Below is a short facts about Warren Edward Buffett, The son of Nebraska politician, Buffett delivered newspapers as a boy and filed his first tax return at the age of 13, claiming a $35 deduction for a bicycle.” And one of  The Wealthiest Men in Green.

Warren Buffett

Warren Edward Buffett is a U.S. investor, businessman, and philanthropist. He is one of the most successful investors in history, the largest shareholder and C.E.O. of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion.

He took over an ailing textile firm, Berkshire Hathaway, in 1965 and turned it into his investment vehicle for holdings in well known American companies and brands, including Coca-Cola and Dairy Queen. Among the holdings is MidAmerican Energy, a leading wind-energy utility. In August it announced a joint venture with American Electric Power, to invest in grid projects. The initial plans are designed to take advantage of wind development in Texas, Oklahoma and Kansas. More recently, Buffett invested $230m in a Hong Kong-listed company, BYD, which produces batteries for electric cars.

Buffett is often called the “Oracle of Omaha”or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.

Buffett is also a notable philanthropist, having pledged to give away 85 percent of his fortune to the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.

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4 Responses to “Warren Buffett “The Oracle of Omaha””

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