Warren Buffett. At one time he worked in a grocery store. Was a hawker. He used to sell newspapers. Now the world's second richest. He currently owns 63 companies. So far, he has donated 3,100 million dollars to various charities. Even then, he owns 4 trillion. Now many adjectives have been added to his name. Known as the US investor, businessman and philanthropist. Many call him the ‘Miracle of Omaha’. There is no luxury in owning so much wealth.

He lives a very ordinary life. He still lives in the 3-bedroom house he bought 50 years ago after marriage. There is no separate wall around the house. "Everything I need is here," he said. The world's richest man has no fence or boundary wall around his house. His advice in this regard is - do not actually buy more than you need. Teach your children to think and do the same. He drives his own car. It has the largest jet company in the world. But travels with ordinary people in economic class. Many may think, it is impossible. But he has proved it. He recently gave an hour-long interview to CNBC. There he told the story of the rise of life. According to him, his goal is to establish himself first in order to be established in life. He bought his first share at the age of 11 with such a goal. Even then he thinks it is too late for him to come into the business. The business should have started earlier. So his advice is to encourage your child to invest. He bought a small farm when he was just 14 years old with the money from selling newspapers. According to him, there is a lot that anyone can buy with a little money. That is why he advised the children to engage in some business.

He was born on August 30, 1930, in the Omaha area of ​​Nebraska. His father's name was Howard Buffett. Warren is the second of three brothers. He worked in a grocery store as a child. He submitted his income tax return in 1943 when he was only 13 years old. There he introduced himself as a newspaper dealer. His father, Howard, was elected to the United States Congress. He then attended Woodrow Wilson High School in Washington. In 1945 he bought a pinball machine used by a friend while still in high school for only 25. They did not have a place to put the machine. They put it inside a barber shop. In just a few months, they installed three similar machines in different places. That's how his business journey started. He received his BS degree in economics from the University of Nebraska in 1950. He received his MS in Economics from Columbia University in 1951. From 1951 to '54, he worked as an investor salesman at Buffett-Folk & Co.

He worked as a security analyst at the Graham-Newman Corporation in New York from 1954 to '56. He has also worked for various companies, including Buffett Partnership Ltd., Berkshire Hathaway Insurance. Most of it is his own. In 1982, he became a millionaire. Berkshire Hathaway is a textile factory. He sold 8.60 per share to the public. At one point in 1985, the company paid 14.6 per share. The factory and equipment were not shown. He then announced Ken Chase as the new president of Berkshire Hathaway. In 1980, he began writing letters that were particularly familiar to shareholders. The letter became very popular among the shareholders. At that time he received a salary of 50 thousand dollars a year. In 1969, his Berkshire Hathaway began trading at 75 per share. The share price rose to 1310. At the time, his net worth stood at 820 million. As a result, he was featured in Forbes 400 for the first time in Forbes Magazine. In June 2006, he announced that he would donate 75% of Berkshire Holding's annual gift to five foundations, starting in July. Most of this money goes to the Bill & Melinda Gates Foundation. In a letter to shareholders in 2008, he said he was looking for a young successor soon. In 2006, he overtook Bill Gates to become the richest man in the world. According to Forbes, his net worth at the time was 6.2 billion. However, according to Yahoo, its net worth at the time was 5.6 billion. Before that, for 13 consecutive years, Bill Gates was the number one richest person in the world according to Forbes magazine. Gates then reclaimed his top spot in 2009. Warren Buffett came in second. From 2008 to 2009, Warren Buffett lost 1.2 billion.

Personal life Warren Buffett married Susan Thompson in 1952. They have three children - Susan Buffett, Howard Graham Buffett and Peter Buffett. His wife, Susan, died in July 2004. Although they had not been separated since 1986, they lived separately. Their daughter Susan lives in Omaha. She's at Susan. Serves through the Buffett Foundation. Warren Buffett married his longtime partner Astrid Menong on his 7th birthday in 2006. In 2006, Warren Buffett's annual salary was 1 million. His salary was increased in 2006 and 2007 1 lakh 75 thousand dollars. He bought his current home in Dundee, Omaha, for 31,500. Its current price is 6 lakh dollars. He also owns a 4 million home on Laguna Beach, California.

He knows how to play cards very well. He played cards with Sharon Osberg and Bill Gates. He spends 12 hours a week playing cards. In December 2006, it was reported that Warren did not use a mobile phone. Moreover, there is no computer on his desk. His company, Berkshire Hathaway, now owns 63 companies. He writes only one letter a year to the CEOs of these companies. It tells the strategy throughout the year. He does not hold regular meetings with them. That's why his advice is to choose the right person in the right place. That is, if the right person is hired in the right place, he does not have to talk about work. Warren Buffett has told his executives only two rules. The first is - don't waste shareholders' money. The second rule is - do not forget the first rule. Set goals and try to get people's attention.

His way of life has not been touched by the upper class society. He makes his own food. Eat some popcorn yourself and watch television at home. Bill Gates, the richest man in the world, met him only 5 years ago. Even then, Bill Gates did not know that he had a lot in common with Warren. As a result, he met Warren only half an hour later. When he met Warren it lasted ten hours. Since then, Bill Gates has become his fan.

Warren Buffett's advice to the youth community is to stay away from credit cards and bank loans. Invest in what you have. Remember- a) Money does not create people. But people make money. B) Try to simplify your lifestyle as much as possible. C) Do not do what others say. Listen to them. Then do what you think is best. D) Do not spend money on anything unnecessary. E) Life is yours. So why give others a chance to run your life?

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