Warren Buffett turns 87 Wednesday — here are 24 mind-blowing facts about him and his $77 billion fortune
Billionaire and legendary investor Warren Buffett turns 87 years old on August 30. With a net worth of nearly $77 billion, "The Oracle of Omaha" is currently the fourth-richest person in the world — but he doesn't act like it.
His modest home in Nebraska is worth just .001% of his total wealth and he never spends more than $3.17 on his daily McDonald's breakfast.
To those who knew him from the beginning, Buffett's success comes as no surprise: He was picking out stocks at 11 years old and had amassed the equivalent of $53,000 in today's dollars by the time he was 16.
But Buffett isn't just a master at making money — he's good at giving it away, too. Although he didn't start donating until later in life at the insistence of his first wife, Buffett is now regarded as one of the most generous philanthropists in the world, giving more than $27 billion to causes in the last decade.
Inspired by a Quora thread asking "What are some mind-blowing facts about Warren Buffett," we rounded up 24 astonishing facts about the legendary investor and his massive fortune.
While his elementary school classmates were dreaming about the major leagues and Hollywood, 10-year old Buffett was having lunch with a member of the New York Stock Exchange and setting life goals.
REUTERS/Rick Wilking
Buffett's legendary career all began with an epiphany at age 10 when he was on a trip to New York City with his dad.
Dining with a member of the NYSE planted the idea in young Buffett's head to organize his life around money.
Source: Business Insider
He bought his first stock at age 11.
Airbnb
He purchased multiple shares of Cities Service Preferred for $38 apiece.
Source: GOBankingRates
When Buffett was a teen, he was already raking in about $175 a month — more than his teachers (and most adults).
AP Images
He pulled this off by dutifully delivering the Washington Post.
Source: Business Insider
See the rest of the story at Business Insider
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