CNBC’s Becky Quick reported live by phone a few minutes ago from Warren Buffett’s private jet, heading to a refueling stop in Anchorage and then on to China. She tells us Buffett is working hard onboard and she then handed the phone to him. In response to Mark Haines’ question about...
The article profiles the NetJets Poker Invitational, run by billionaire Warren Buffett's private equity firm, hosted by holdings company Berkshire Hathaway's private jet subsidiary NetJets, in June 2012 at the poker room at the Wynn hotel in Las Vegas, Nevada. The poker tournament, unlike the ...
In recent years, the “movie” has also featuredWarren Buffett’s opening statementto a Committee of the U.S. House of Representatives on theSalomon Saga. “Lose money for the firm, and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless,” warns M...
15. Buffett was married to his first wife Susie in 1952. They remained married for 52 years until she died in 2004 due to cancer. However, long before that, in 1974, she had moved to San Francisco. Both Warren and Susie lived separately but never got a divorce. 16. Ted Weschler, a ...
By Mark Hirschey 1936 – Age 6Buffett started selling Juicy Fruit chewing gum packs. When asked for 1 piece, he would not sell as he thought he may be left with 4 pieces he could not sell. He made 2 cents profit per pack.Buffett would also purchase The C
His advice has enriched more investors than anyone else in history, but Buffett pays himself a mere £50,000 a year and prefers such ordinary fare as steaks and hamburgers, washed down with Cherry Coke. Not for him the bright lights of New York, even though he owns a private jet, his...
When Buffett spent $9.7 million of Berkshire's funds on a private jet in 1989, he jokingly named it "The Indefensible" because of his past criticisms of such purchases by other CEOs. He lives in the same house in the central Dundee neighborhood of Omaha that he bought in 1958 for $31,...
“We have no formal program of acquisitions, but as a private investment partnership, we like to put our money into things with good value and good management.” The Buffett Partnership ended in 1969. It had been wildly successful making about 30 percent gains year-over-year between 1956 to...
Warren Buffett and Jordan Hansell on CNBC’s Squawk Box in Omaha, Nebraska. Lacy O’Toole | CNBC After three years of being a NetJets owner, Buffett was so enamored he bought the entire company in 1998. The private jet company has seen a surge in new customers as the U.S. economy ...
As a value investor, Buffett is always looking for a bargain. Even his second wedding was a simple affair. A man who could have chosen any venue in the world married his second wife, Astrid Menks, in 2006 in Omaha at a private ceremony held at his daughter's house. The ceremony lasted...