Warren Buffet

Truly a remarkable man, Warren Buffet, who at the beginning of this year was estimated to be worth as much as 62 billion dollars, by Forbes, started out (and I'm not joking) with a paper route.


The man, a boy at the time, filed his first tax return at age 13, writing off his watch and bicycle as business expenses!

One of his first material investments, before he started snatching up farmland in and around Omaha, was a pinball machine. He and a buddy spent 25 bucks on a used pinball machine and put it in a barber shop. The coin started rolling in.

A fun fact about this man, one the most successful and brilliant business men in history, is that he was turned down by Harvard Business school. He did get into Columbia's program though.

You may think that I am crazy, but if you are ever bored and want something interesting to read, go to the wikipedia page on this man. You will be astounded. A true American, he built himself from the ground up, started raking in money hand-over-fist, and still lives in the same house he has lived in since he got married. He purchased it for under 40,000 and it now is estimated to be worth only 700,000. Compare that to people like the CEOs of Enron, Tyco, or other such companies... and I'd say that's pretty good. When he finally bought his own private jet, he even named it "The Indefensible" because he knew he shouldn't have, but hey, he did announce a plan to give away  83%  of his fortune to charity. No, that is not a typo, and no, that does not say 8.3%. 

"I got an uncle who owns a bank, he's a self-made millionaire." - Who do you think?


0 comments: