Known as “The Wizard of Omaha,” Warren Buffett is generally recognized as the most successful investor of the 20th century. As the primary shareholder and CEO of Berkshire Hathaway, Buffett became a paper billionaire the day that his company began publicly trading Class A stocks in 1990.
Prior to his billionaire status, Buffett had enjoyed nearly 40 years of business success. By the time he was 20, he had already saved almost $10,000. Adjusted for inflation, this amount is nearly $100,000.
In 1988, Buffett began buying shares of the Coca-Cola Company eventually purchasing a 7% stake in their company for $1.02 billion. This would be one of his most lucrative investments one which he still holds.
Warren Buffett is also well known for his philanthropy. He has signed a pledge, along with Bill Gates and Mark Zuckerberg, to donate most of his wealth to charity. Buffett has gone beyond the pledge by saying his children will not inherit a significant proportion of his wealth and he will give away 83% of his fortune through the Bill and Melinda Gates Foundation.