The Entrepreneur That I Admire

The Entrepreneur that I admire is Warren Buffet. Buffet, he is almost ninety years old at the moment.

Buffet is considered one of the most successful investors in the world, and is the chairman and CEO of Berkshire Hathaway; he is the fourth richest man in the world with a networth of 89.4 billion USD.

Background

Buffet was born on August 30th, 1930, and was the son of a congressman, Howard Buffet. He  was born in Omaha Nebraska. He expressed an interest in investing and business at a very young age after he read a book called One Thousand Ways to Make $1000, at only seven years of age.

He had many small business ventures as a child, these included selling chewing gum, coca cola bottles, and weekly magazines door to door. During highschool he made money by selling newspapers, golf balls, and etc.

Buffet began investing at a young age also, at age eleven he bought his very first shares. He also was a serious saver, at only fourteen years old he had $1,200 saved up, which was a lot of money at the time. After he graduated he had $9,800 in savings(about $105,000 today).

 He was also quite intelligent, he went to the Wharton School of the University of Pennsylvania and Columbia Business School of Columbia University.

The Obstacles He Overcame

Buffet overcame many obstacles, he made mistakes when he came to investments and lost money. But overall he was very successful when it came to his investments.

One of the obstacles he overcame was during the 2007/2008 financial crisis Buffet lost about $25 billion dollars, which left his income at $37 billion dollars, he overcame it though and now by 2020 his net worth is a staggering $89.4 billion, so obviously he overcame that obstacle.

Conclusion

Warren Buffet is a very successful entrepreneur, that I admire.

Published by theworksofadreamer

I'm a young blogger who dreams a lot. http://theworkofadreamer.com

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