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a young Jewish boy at the age of 10 went to the New York Stock Exchange with his dad and with the money yet saved up yes the money he had saved up he bought shares of the company city for himself and his sister yes we are talking about Warren Buffett the Oracle of Omaha the greatest investor of our time in the 1940s when he was only 10 to 12 years Warren started many business ventures a few of them were selling chewing gum Coca Cola bottles magazines and newspapers newspapers brought 175 dollars every month for this kid as he grew as a teenager Warren with his friend built the Kris ballgame business in barber shop and sold it for $1,200 he had many such ventures and by the time he went to college Warren at $9,800 in his savings that's about ninety nine thousand dollars in today's value that's a lot of money for a student even though Warren didn't want to go to college due to his dad's persistence he had to go though reluctant he studied bachelor's and master's in economics at University of Pennsylvania and University of Columbia after his education he went on to work as an investment salesman then as an investment analyst in Graham Newman court and from 1966 to 1969 as a general talking in various buffett partnership limited warren as he is known for his investing acumen was investing on the basis of the value of company and by this was able to invest in a lot of great companies then he went on to invest in his greatest asset today the stock that he owns and he is the chairman and CEO of that company yes we are talking about Berkshire Hathaway Warren has been the CEO of Berkshire Hathaway for the past forty seven years even though Buffett says that it was his worst grade he turned the textile business into a profitable insurance business today it is a huge company in subtrees and 47 minority shareholdings in various companies 300,000 employees and 210 billion dollars in revenue growth that's the huge company yeah it is among the top ten fortune 500 companies the substrates include yourself and Derek green and minority share of holdings include American Express American Airlines and coca-cola well not always well all the time Warren had invested in an investment banking firm the Salomon Brothers with due to its big mistakes coincidentally or not had gathered a 150 billion dollar debt in the industry due to which the CEO was ousted and the range were handed over to Warren Buffett he was made the chairman of the company and he tried to save it as much as he could because he thought the company was too big to fail according to him there were a lot of people dependent on the company and he was able to assimilate it into the city group in the later years now let's talk about Warren's family Warren Buffett married Susan Thompson in the year 1952 and had three children Peter Susan and Howard they separated in 1977 and divorced in 2004 they were still good friends and family in 2006 were married his longtime companion Astrid minx who was with him for the past 36 years from 1977 when his first wife left Warren Astrid and Susan are very close to each other and it is evident from the Christmas cards they would send out to friends and family in the end you were able to read Warren Susie and Astrid this shows the kind of a relationship that family had well one is not only a great billionaire but also great philanthropist he has pledged to give away about 99 percent of his wealth for charity to various foundations until now has donated about 25 billion dollars to Melinda and Bill Gates Foundation and charities run by three of his children Warren Buffett shows that's not only about taking but moreso about giving back Warren Buffett still lives in the same house he purchased for $31,500 in the 1950s this shows that he's not interested in the worldly things but more so is interested in his job of investing in great companies this is the story of Warren Buffett which is still not ended and is still going on let's see what are the great things that you will do further if you like this video then please smash the like button down there and please subscribe to our channel for more stories bye bye
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