The Oracle of Omaha
Considering that he is the third wealthiest person in the world, his modest upbringing makes him one the most humble and generous billionaires revealing that not all the consequences of one's actions are negative. With a net worth of 78.7 billion dollars, Warren Buffett lives a very, very modest lifestyle compared to other billionaires and even some millionaires. He worked his way through the ranks from a middle class family to being the third richest person in the world. Being a billionaire you would think he has a 60,000 square foot house that’s built into the side of a mountain, but Buffett lives in the same house he purchased in 1958 (Smith). Warren Buffett started off his career in stocks, now he looks far ways to make sure everyone has a good foundation. He isn’t leaving any but one percent of all his wealth …show more content…
He donates in large quantities, billions at a time. The Oracle of Omaha, the investment guru, the billionaire philanthropist Warren Buffett grew up into a modest family. His father was a stockbroker and served as a United States Congressmen for four years. When he was only eleven Buffett stepped into the stock market. Along with the many jobs he had at the time, including one of a newspaper route, Buffett started investing his savings in the hope of making a profit. He invested small amounts to test the market. When he sold his stocks for a lower price to get his money back, in the next couple of days the price for that particular stock skyrocketed. “Buffett then knew that the key to being a great investor is to be patient”(Smith). Warren found the beauty of the stock market to be quite fascinating, he continued on this path for a while before he served as a United States Congressman. Buffett was rejected by Harvard, but was accepted into Columbia(Smith). He studied under Benjamin Graham who instilled values in him that would help him in the long run.
Considering that he is the third wealthiest person in the world, his modest upbringing makes him one the most humble and generous billionaires revealing that not all the consequences of one's actions are negative. With a net worth of 78.7 billion dollars, Warren Buffett lives a very, very modest lifestyle compared to other billionaires and even some millionaires. He worked his way through the ranks from a middle class family to being the third richest person in the world. Being a billionaire you would think he has a 60,000 square foot house that’s built into the side of a mountain, but Buffett lives in the same house he purchased in 1958 (Smith). Warren Buffett started off his career in stocks, now he looks far ways to make sure everyone has a good foundation. He isn’t leaving any but one percent of all his wealth …show more content…
He donates in large quantities, billions at a time. The Oracle of Omaha, the investment guru, the billionaire philanthropist Warren Buffett grew up into a modest family. His father was a stockbroker and served as a United States Congressmen for four years. When he was only eleven Buffett stepped into the stock market. Along with the many jobs he had at the time, including one of a newspaper route, Buffett started investing his savings in the hope of making a profit. He invested small amounts to test the market. When he sold his stocks for a lower price to get his money back, in the next couple of days the price for that particular stock skyrocketed. “Buffett then knew that the key to being a great investor is to be patient”(Smith). Warren found the beauty of the stock market to be quite fascinating, he continued on this path for a while before he served as a United States Congressman. Buffett was rejected by Harvard, but was accepted into Columbia(Smith). He studied under Benjamin Graham who instilled values in him that would help him in the long run.