Warren Buffett's Net Worth

Warren Buffett's Net Worth

Warren Buffett is a well-known American businessman and philanthropist who has a net worth of around $134.3 billion, which puts him among the richest individuals on the planet.

By Joseph White

Published Jul 29, 2024

Warren Buffett's Net Worth

Table of Contents

  • What is Warren Buffett’s Net Worth?
  • What is Warren Buffett's Claim to Fame?
  • What are Warren Buffett's top Investments & businesses?
  • How does Warren Buffett spend his billions?
  • How many houses does Warren Buffett own?
  • How big is Warren Buffett's car collection and other transportation?

Warren Buffett, who is widely known and referred to as the “Oracle of Omaha,” is among the most successful investors in the world. He began his journey in the 1950s by creating Buffett Partnership Ltd., which garnered a significant amount of returns and helped him take over Berkshire Hathaway by acquiring the majority of the stake. 

 

Since then, he has completely transformed it from an almost bankrupt textile company to a multi-national conglomerate. Moreover, Buffett's investment philosophy, which is completely centered around value investing and long-term growth, brought in numerous investors, and that solidified his stature as a top figure in the financial world.

Net Worth$134.3 Billion
Salary$100,000
Date of BirthAugust 30, 1930
Place of BirthOmaha, Nebraska
GenderMale
Height5' 10"
ProfessionInvestor and Businessman
NationalityAmerican
No. of Houses1
No. of Cars2

What is Warren Buffett’s Net Worth?

As of 2024, Warren Buffet has a net worth of around $134.3 billion.

Warren Buffett is one of the wealthiest individuals in the world, and as of the current time, he earns just $100,000. Over the years, he has built quite a remarkable portfolio through his investment philosophy and his company, Berkshire Hathaway. 

 

His company's current portfolio holds a staggering value of $387 billion, which significantly includes companies like Apple, Coca-Cola Inc., American Express Company, Kraft Heinz Co., and Occidental Petroleum Corp., with a total of around $249 billion worth of stakes. Out of all of their investments, Apple accounts for $153.3 billion in market value (41.2% of invested assets) of Berkshire Hathaway’s investments.

 

Additionally, the portfolio also includes several other high-performance companies, such as BYD Co. Ltd., Davida Inc., Itochu Corporation, and many more.


What is Warren Buffett's Claim to Fame?

Warren Buffett's claim to fame lies in his exceptional success as an investor and his unparalleled track record of building wealth. Just after rising to prominence as the CEO of Berkshire Hathaway, Buffett began to gain attention through his major investments in companies like American Express and Coca-Cola in the 1980s and 1990s. And later in the mid-2010s, his massive investment in Apple led him to gain headlines across numerous media outlets globally. 

 

His disciplined investing, along with his approach, patience, and ability to identify undervalued companies, has cemented his stature as one of the most successful investors in the world and also made him a star in the financial world.


What are Warren Buffett's top Investments & businesses?

Warren’s share of Berkshire Hathaway stocks are worth somewhere around $130 billion.

Warren Buffett is renowned for his investment prowess and has made numerous successful investments over the years through his company, Berkshire Hathaway. While it's challenging to list all of his top investments, here are some notable ones that have contributed significantly to his wealth and reputation:

 

  • Berkshire Hathaway: Warren Buffett acquired the majority of the stocks of the company back in 2025, and since then he has completely transformed it from a mere textile company that was struggling at the time to a multi-billion dollar conglomerate. Buffett owns about 37.9% of the Class A shares and less than 0.001% of the Class B shares, according to company filings from November 2023.

 

  • GEICO: GEICO or Government Employee Insurance Company, is quite a prominent vehicle insurance company in the U.S. that was completely acquired by Berkshire Hathaway back in 1995 for $2.3 billion.

 

  • BNSF Railways: Burlington Northern Santa Fe is the largest railroad network that is laid all across North America. It was completely acquired by Berkshire Hathaway in 2010 for around $44 billion and now plays a crucial role in the infrastructure and transportation of the conglomerate.

 

  • Duracell: Duracell is one of the largest and most well-known battery manufacturers that was acquired by Berkshire Hathaway in 2016, which took place in a stock swap with Berkshire swapping all of the Procter & Gamble stocks for Duracell's.

 

  • Coca-Cola: In the late 1980s, Buffett made a substantial investment in The Coca-Cola Company, acquiring a large stake in the company. Berkshire Hathaway has 400 million shares in Coca-Cola, which counts as $22 billion worth of shares, or 8% of the drink company's stock.

 

  • American Express: During the early 1960s, Buffett made a significant investment in American Express, a financial services company. This investment proved to be highly lucrative, particularly after American Express recovered from a financial crisis in the early 1970s. Buffett's faith in the company and its management paid off handsomely over time. As per sources, Buffett owns 5% of American Express right now.

 

  • Apple: In recent years, Buffett has amassed a sizable stake in Apple Inc., one of the world's most valuable technology companies. His investment in Apple started pouring in early 2016, and right now Berkshire Hathaway has about a 5.9% stake in the tech giant. 

 

  • Bank of America: In the aftermath of the 2008 financial crisis, Buffett made a notable investment in Bank of America, providing much-needed confidence to the market. Berkshire Hathaway has remained a major shareholder in the bank, benefiting from its recovery and subsequent growth. Currently, they own around 13.12% of the bank.

     

These are just a few examples of Warren Buffett's notable investments. His investment strategy revolves around identifying undervalued companies with strong fundamentals, enduring competitive advantages, and favorable long-term prospects. His disciplined approach to investing has yielded remarkable returns and made him what he is today.


How does Warren Buffett spend his billions?

 

Warren Buffett is a personality who is very much renowned for his frugality, even after having an immense amount of wealth. He usually spends his billions, with the main focus being on value and practicality. Down below is an overview of his houses, car collections, and a list of other vehicles.

 

How many houses does Warren Buffett own?

Warren Buffett, the billionaire investor and business magnate's approach to purchasing homes, shows how simple and frugal he is. Buffett prefers to live as modestly as possible, owning just a single property that entirely reflects his practical lifestyle.

 

  • Omaha, Nebraska: Buffett has resided in the same house in Omaha, Nebraska, for many years. The house is a modest, five-bedroom home that he purchased for $31,500 in 1958. He has often referred to it as the "third-best investment" he has ever made, following the purchases of his two company stocks, Berkshire Hathaway and GEICO.

How big is Warren Buffett's car collection and other transportation?

Warren Buffett has always been very practical when it comes to his car collection and just owns a couple of them, unlike other celebrities and billionaires. Mr. Buffett is also known to own a private jet that is quite interesting. Down below is a curated list of those assets.

 

Cars

 

  • 2006 Cadillac DTS: Buffett was spotted driving around in his $45,000 Cadillac DTS, which is a luxury sedan known for its comfort and practicality. However, he chose to upgrade from it after it was no longer practical.

 

  • 2014 Cadillac XTS: Despite being the 8th richest person in the world, Warren Buffett still drives a 10-year-old Cadillac XTS that he purchased with minor hail damage and will probably keep doing so until it becomes unreliable.

 

Private Jets

 

Warren Buffett, being a frugal and simple person, just owns a used Falcon 20 jet that he bought for $850,000. He faced some problems with this rather eye-catching purchase as it clashed with his upbringing and beliefs. However, after getting his hands on it, he nicknamed it “Indefensible” but later changed it to "Indispensable.”.


What Are Warren Buffett's Charitable Contributions?

Aside from being a tycoon and icon in the financial world, Warren Buffett is also renowned for his significant philanthropic efforts and has pledged to donate a substantial portion of his wealth to charitable causes. Till now, he has donated more than $50 billion since the year 2006, and here are some key highlights of charitable contributions that he has made:

 

  • Bill and Melinda Gates Foundation: In 2006, Buffett announced a plan to gradually donate the majority of his fortune to the Bill and Melinda Gates Foundation, one of the largest private foundations in the world. His initial pledge was to contribute approximately $31 billion over time, making it one of the most significant charitable commitments in history.

 

  • The Giving Pledge: Buffett, along with Bill and Melinda Gates, launched The Giving Pledge in 2010. This initiative encourages billionaires and wealthy individuals to commit the majority of their wealth to philanthropy during their lifetimes or in their wills. The Giving Pledge has garnered support from numerous high-net-worth individuals globally, fostering a culture of significant charitable giving.

 

  • Annual Charitable Contributions: Every year, Buffett donates a portion of his Berkshire Hathaway shares to charitable organizations, primarily the Bill and Melinda Gates Foundation. These annual contributions are part of his broader philanthropic commitment to improving global health, and education and reducing poverty.

     

Warren Buffett's philanthropic efforts reflect his commitment to using his wealth for the betterment of society. Through his significant contributions, he has played a pivotal role in shaping the philanthropic landscape and inspiring others to embrace a culture of giving and generosity.


What's next for Warren Buffett?

 

Warren Buffet recently shared his insights at the 2024 Berkshire Hathaway annual meeting, where he mostly talked about his investment policy and taking advantage of it. Additionally, he mentioned trimming Berkshire Hathaway's stake in Apple and the positive growth of India and also mentioned that it will continue at the same pace. Aside from that, he specifically did not talk about any of his future plans.


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FAQs

What are some of Warren Buffett's top investments?

Some of Warren Buffett's notable investments include Coca-Cola, American Express, Apple, and Bank of America.

Does Warren Buffett actively invest?

Yes, Warren Buffett is the chairman and CEO of Berkshire Hathaway and continues to make investment decisions for the company.

How does Warren Buffett approach investing?

Warren Buffett follows a value investing approach, seeking undervalued companies with strong fundamentals and long-term growth potential.

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