warren buffet

By nha3

  • birth

    birth
    warre buffet is born

  • first sales

    first sales
    n the midsts of the Great Depression, a young Buffett began his business life selling Juicy Fruit gum, making two cents per pack profit; he refused to sell one piece at a time, worried he would be left with four pieces not sold. Buffett also sold Cokes at 5cents/bottle, 6-packs purchased from his grandfather's store for 25c, giving him a 5cent profit.

  • first investment

    first investment
    warren buffet made his first stock purchase in 1941 at age 11

  • first estate purchase

    first estate purchase
    at the age of 14 warren buffet purches his first estate buying a 40 acre farm costing him 1200 dollars which today the farm is worth 121k

  • college

    college
    warren buffet goes to the university of pennyslvania and graduate from the university of nebraska

  • networth growth

    networth growth
    Buffett's wealth has grown to $140,000. Graham decides to retire and close his business. Buffett returns to Omaha on May 1st and opens Buffett Associates Ltd. Seven family members and friends invest $105,000, and Buffett invests $100k.

  • berkshire hathaway

    berkshire hathaway
    warren buffet bought a company named berkshire hathaway which is an energy distribution company and now is worth 840 billion

  • selling dempster

    selling dempster
    Buffett sells Dempster for a gain of $2.3 million, three times the invested amount. Buffett continues purchases of Berkshire for $14.86/share; the company had a working capital of $19/share, not including the value of fixed assets. Buffett Partnership becomes the single largest shareholder of Berkshire Hathaway.

  • salad oil scandal

    salad oil scandal
    Because of involvement in the salad oil scandal, American Express share prices fall to $35. Buffett seeing an opportunity, buys 5% of the company.

  • walt disney

    walt disney
    warren buffet meets with walt disney and invests 4 miliion dollars into his company.

  • berkshire

    berkshire
    warren buffets share of the company is now worth 104 million dollars

  • dissolving partnership

    dissolving partnership
    The Buffett Partnership is dissolved, and assets are divested.

  • buffets networth fail

    buffets networth fail
    With falling stock prices, Berkshire Hathaway's portfolio value also falls; with it, Buffett's net worth falls by more than 50%.

  • washington public

    washington public
    berkshire purchases $139 million in Washington Public Power Supply System bonds, invests in Exxon (Oil) and Northwest Industries (Diversified).

  • wells fargo

    wells fargo
    Berkshire purchases 10% of Wells Fargo (Banking).