Most people know Warren Buffett for being one of the richest people in the world, but may not realize how many companies he owns or has a controlling interest in. As the chairman and CEO of Berkshire Hathaway, Buffett is one of the biggest investors in the world. These Warren Buffett facts may come as a surprise to many people who are not familiar with the investor’s portfolio. Read on to learn some interesting facts about Warren Buffett!
5 Wealthy Warren Buffett Facts
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- Warren Buffett lives in the same house he bought in 1958. source) Buffett bought the house in 1958 for $31,500 ($250,000 in today’s dollars). It features 5 bedrooms and 2.5 bathrooms.
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- One of Buffett’s first business ventures was a pinball machine. (source) In 1946, Buffett bought a pinball machine with a friend for $25 and set it up in a barber shop. Within a week, they had earned enough to buy another machine. One year later, they sold their business for $1,000.
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- Buffett’s company, Berkshire Hathaway, has a controlling interest in more than 60 companies. (source) Some of the companies that Berkshire Hathaway owns are Dairy Queen, GEICO, Fruit of the Loom, and Oriental Trading.
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- Buffett stops at McDonald’s every morning for a frugal breakfast. (source) Buffett’s daily breakfast is either two sausage patties or a bacon, egg and cheese biscuit, depending on how prosperous he’s feeling.
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- Buffett was rejected by Harvard Business School. (source) After graduating from the University of Omaha, Buffett interviewed for Harvard Business School and was rejected. He later went on to attend Columbia Business School.
How many of these facts about Warren Buffett did you know?
Featured image photo credit: Mark Mathosian, 2011. Originally found on Flickr.com. Image was resized and cropped. Creative Commons 2.0.
