24 mind-blowing facts about Warren Buffett and his $84.7 billion fortune

Warren Buffett

  • Warren Buffett, the chairman and CEO of Berkshire Hathaway, has a net worth of $84.7 billion.
  • Buffett is a generous philanthropist having given away more than $27 billion in the last decade. 
  • The billionaire is known for his frugal habits, like his daily McDonald's breakfast and insistence on using a flip phone.

 

With a net worth of $84.7 billion, "The Oracle of Omaha" is currently the third-richest person in the world — but he doesn't act like it.

His modest home in Nebraska is worth just .001% of his total wealth and he never spends more than $3.17 on his daily McDonald's breakfast.

To those who knew him from the beginning, Buffett's success comes as no surprise: He was picking out stocks at 11 years old and had amassed the equivalent of $53,000 in today's dollars by the time he was 16.

But Buffett isn't just a master at making money — he's good at giving it away, too. Although he didn't start donating until later in life at the insistence of his first wife, Buffett is now regarded as one of the most generous philanthropists in the world, giving more than $27 billion to causes in the last decade.

Inspired by a Quora thread asking "What are some mind-blowing facts about Warren Buffett," we rounded up 24 astonishing facts about the legendary investor and his massive fortune.

SEE ALSO: Bill Gates, Warren Buffett, and Oprah all use the 5-hour rule — here's how it works

DON'T MISS: 'It's all mental with him': Warren Buffett's late wife revealed why it took the billionaire so many years to start giving away his fortune

While his elementary school classmates were dreaming about the major leagues and Hollywood, 10-year old Buffett was having lunch with a member of the New York Stock Exchange and setting life goals.

Buffett's legendary career all began with an epiphany at age 10 when he was on a trip to New York City with his dad.

Dining with a member of the NYSE planted the idea in young Buffett's head to organize his life around money.

Source: Business Insider



He bought his first stock at age 11.

He purchased multiple shares of Cities Service Preferred for $38 apiece.

Source: GOBankingRates



When Buffett was a teen, he was already raking in about $175 a month — more than his teachers (and most adults).

He pulled this off by dutifully delivering the Washington Post.

Source: Business Insider



See the rest of the story at Business Insider

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