Warren Buffett Net Worth is$45 Billion
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deserves the money?
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Profession: Investor, Entrepreneur, Philanthropist, Businessperson, Financier
Date of Birth: Aug 30, 1930
Nicknames: Warren Edward Buffett, Warren E Buffett, The Oracle of Omaha, Warren Buffet
Ethnicity: White American
Country: United States of America
What is Warren Buffett's net worth? Warren Buffett is the third richest man in the world with a net worth of $45 billion. There's no such thing as a free suit, unless of course you are the world's second richest man. 78 year-old Warren Buffett is making headlines for his love of suits custom-made by the Chinese company Trands Co. He's not the only powerful guy sporting Trands: Chinese President Hu Jintao and billionaire Bill Gates are also big fans of the brand. The Oracle of Omaha and CEO of financial powerhouse Berkshire Hathaway recently made a video commemorating the apparel company's 30th anniversary and took the opportunity to gush about his nine Trands suits. The best part? Even though the cheapest Trands suit costs $880, Buffet hasn't paid a dime for his wardrobe though he claims he has asked for a bill. It's not a bad investment for Trands' founder and Buffett gal-pal Li Guilian, whose stock has risen 70% since the video went public on September 10. Has the global financial crisis reduced financier Buffett to doing infomercials in exchange for some new threads? Don't you worry about Warren - even after losing $25 billion in the last twelve months, he still has about $45 billion to throw around. And that money goes a long way when you are as frugal as Mr. Buffett. He still lives in the same Omaha house he bought 50 years ago for $31,500, he drives himself to work in a Cadillac and his biggest vices are Cherry Coke and playing bridge. To celebrate his 2006 wedding to second wife Astrid Menks, the third richest person in the world took his blushing bride to the local branch of seafood chain Bonefish Grill. Before you develop a crush on the cute spending habits of Mr. Buffett, it should be noted that the guy has a salacious side. Buffett and his first wife separated but did not officially divorce for years and during their separation Warren began living with his ex's best friend. But there is no bad blood between the women. The trio even sent out thank you notes and Christmas Cards together. Buffett also has an unhealthy obsession with CNBC correspondent Becky Quick, who is 40 years his junior. Their don-air flirtations during frequent interviews have sparked numerous rumors about a Quick-Buffett love child. Warren Buffett has pledged to give away 99% of his net worth to charity in his lifetime and after his death. 83% of the money will go to The Bill and Melinda Gates foundation. That equates to roughly $31 billion which makes it the largest charitable gift in human history. Buffett's philanthropy has inspired other billionaires to pledge at least 50% of their net worths to charity in their lifetimes, a truly remarkable accomplishment. Related Warren Buffet net worth articles: How Much Money did Warren Buffett Make in 2010? The 30 Richest Americans Of All Time - Inflation Adjusted
Warren Edward Buffett (/'b?f?t/; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. He is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011. In 2012, American magazine Time named Buffett one of the most influential people in the world.
Buffett is called the "Wizard of Omaha", "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 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. On April 11, 2012, he was diagnosed with prostate cancer.
Buffett was born in 1930 in Omaha, Nebraska, the second of three children and only son of U.S. Representative Howard Buffett, a fierce critic of the interventionist New Deal domestic and foreign policy, and his wife Leila (nee Stahl). Buffett began his education at Rose Hill Elementary School in Omaha. In 1942, his father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, D.C., Warren finished elementary school, attended Alice Deal Junior High School, and graduated from Woodrow Wilson High School in 1947, where his senior yearbook picture reads: "likes math; a future stock broker."
Even as a child, Buffett displayed an interest in making and saving money. He went door to door selling chewing gum, Coca-Cola, or weekly magazines. For a while, he worked in his grandfather's grocery store. While still in high school he was successful in making money by delivering newspapers, selling golfballs and stamps, and detailing cars, among other means. Filing his fi

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