Warren Buffett Birthday: Seven Lesser-Known Facts About The Ace Investor
Investor Warren Buffett turns 92 today, August 30. He is number five on Forbes' list of richest people worldwide. Buffett has a net worth of over a hundred billion dollars.
The American business magnate, who today owns dozens of companies through his firm Berkshire Hathaway, started his investment journey at the age of 11 when he bought his first stock.
At 13, Mr Buffett filed his first ITR, and it has been a long journey for him since then.
As he turns a year older, here are a few interesting facts about Warren Buffett:
Rejection From Harvard Business School
While Mr Buffett today is an inspiration for investors and entrepreneurs around the globe, his application to the Harvard Business School was rejected. He did a Master's in Economics from Columbia University.
Love For Fast Food
Mr Buffett never misses his breakfast from McDonald's. While you would expect a billionaire to be picky about food habits, Buffett, for over five decades, has his breakfast on his way to the office.
Investment In Coca Cola
His love for fast food is not just limited to the dining table. The ace investor has long held shares of Coco Cola that he initially bought in 1988 at $3.25 a piece.
Lives In The Same House Since 1958
Worked In The Same Office Building For Five decades
He has worked in the same office building since he joined Berkshire Hathaway in the 1960s.
Used A Flip Phone Even After The Launch Of Smartphones
The ace investors used a humble Nokia flip phone long after smartphones were launched in the market.
Prefers Reduced-Price Cars
Another aspect that makes Mr Buffett stand apart from other billionaires is his choice to go for reduced-price cars instead of the usual swanky machine. He prefers to buy cars at reduced prices like those that get damaged in hail.
