Warren Buffett Net Worth 2020 – the man who shaped our media

The real reason why Warren Buffett lost world's 3rd richest person spot to  Mark Zuckerberg - The Financial Express

Warren Buffett is considered one of the most influential people in the US. Apart from this, he is also among the richest people in the world. The scope of the work changes from investment in various fields until the philanthropy works.

Career

As far as the career of his work, we must mention that his first work includes a position as a salesman of investment in Buffett-Falk & Co. Working there from 1951 to 1954. After this, he worked as a securities analyst at Graham- Newman Corp. from 1954 to 1956. He then advanced in his career when he became a general partner at Buffett Partnership, Ltd., and he held this position From 1956 to 1969. The most important position is the CEO of Berkshire Hathaway Inc. , and he held this position from 1970. It should be noted that the company’s shares were valued at 777 USD when he began to become CEOs there and they reached 1,310 USD in 1979. When the company began working on sales of class A, they responded each ended at 7,175 USD. One of the most important highlights includes a purchase of 6.3% share of Coca-Cola. Furthermore, he was a man who controlled 2.3 billion USD dealing with Geico and he also invested 5 billion USD in Goldman Sachs.

His motifs

  • He always likes to point out that the most important thing is to save money and to save a portion of salary aside from each salary;
  • According to him, one of the most important things is to know how to choose people around you, and you do not need more than five people to hang out with;
  • He considers lives to be concise and that there is no tie for doing things you do not like. So, a person should choose an occupation he/she wants.

Net worth

As of 2020, his net worth is estimated at 86.6 billion USD. It should be also mentioned that he has been third on the Forbes list of the richest people in 2018 and 2019. He is also on the 16th position of the most influential people. He is a self-made billionaire and he is also a philanthropist by giving 35.1 billion USD in charities.

komal

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