Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Warren Buffett born on august 30, 1930 in Omaha, Nebraska, the second of three children and only son of U.S. Representative Howard Buffett. He is the chairman and CEO of Berkshire Hathaway and ranked among the world's richest person.Buffett is called the "Wizard of Omaha", "Oracle of Omaha. In 1962, Buffett became a millionaire because of his partnerships, which in January 1962 had an excess of $7,178,500, of which over $1,025,000 belonged to Buffett. Buffett merged all partnerships into one partnership. Buffett invested in and eventually took control of a textile manufacturing firm, Berkshire Hathaway.Buffett married Susan Buffett in 1952. They had three children, Susie, Howard and Peter. Buffett demonstrated a knack for financial and business matters early on in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy, and was able to add large columns of numbers in his head-a talent he still occasionally shows off to friends and business associates.
Warren often visited his father's stockbrokerage shop as a child, and chalked in the stock prices on the blackboard in the office. At 11 years old he made his first investment; he bought three shares of Cities Service Preferred at $38 per share.
In February 2013, Buffett purchased HJ Heinz with private equity group 3G Capital for $28 billion. 3G, a U.S.-Brazilian company, also owns Burger King and a portion of Anheuser-Busch InBev. According to TIME magazine, Buffett has praised Heinz for making "great-tasting products" and for good management over the past several years. As of early 2013, Buffett was rated No. 15 on Forbes magazine's "World's Most Powerful People" list. His Net worth is $53.5 Billion which make him world richest person.
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