Warren Buffett (born August 30, 1930) is an American businessman, investor, and philanthropist.
1996:
- Buffett's net worth reaches $15 billion, solidifying his position as one of the richest people in the world.
- Berkshire Hathaway, his conglomerate, acquires GEICO insurance company for $2.3 billion.
1997:
- Buffett invests $1 billion in Coca-Cola, increasing Berkshire's stake to 8.3%.
- Berkshire's market value surpasses $100 billion.
1998:
- Buffett makes a $1.4 billion investment in Silver Lake Partners, a private equity firm.
- Berkshire's net worth grows to $120 billion.
1999:
- Buffett is named the world's second-richest person by Forbes, with a net worth of $32.3 billion.
- Berkshire acquires Jordan's Furniture for $150 million.
2000:
- Buffett's net worth reaches $40 billion, despite the dot-com bubble bursting.
- Berkshire invests $500 million in Level 3 Communications.
2001:
- Buffett's annual letter to shareholders emphasizes the importance of long-term value investing.
- Berkshire acquires Shaw Industries for $2.1 billion.
2002:
- Buffett's net worth grows to $44.8 billion, making him the world's second-richest person again.
- Berkshire invests $1.2 billion in Fruit of the Loom.
2003:
- Buffett's annual letter highlights the dangers of derivatives and excessive leverage.
- Berkshire acquires Clayton Homes for $1.7 billion.
2004:
- Buffett's net worth reaches $50.4 billion.
- Berkshire invests $1.3 billion in Anheuser-Busch.
2005:
- Buffett donates $30.7 billion to the Bill and Melinda Gates Foundation.
- Berkshire acquires PacifiCorp for $5.1 billion.
2006:
- Buffett's net worth grows to $52.4 billion.
- Berkshire invests $4 billion in POSCO, a South Korean steel company.
2007:
- Buffett's annual letter emphasizes the importance of discipline and patience in investing.
- Berkshire acquires Marmon Group for $4.5 billion.
2008:
- Buffett's net worth declines to $40.7 billion due to the global financial crisis.
- Berkshire invests $5 billion in Goldman Sachs and $3 billion in General Electric.
2009:
- Buffett's annual letter highlights the opportunities presented by the financial crisis.
- Berkshire acquires Burlington Northern Santa Fe for $26.5 billion.
2010:
- Buffett's net worth grows to $54.5 billion.
- Berkshire invests $3 billion in BYD Company, a Chinese electric car manufacturer.
2011:
- Buffett's annual letter emphasizes the importance of long-term thinking.
- Berkshire acquires Lubrizol for $9.7 billion.
2012:
- Buffett's net worth reaches $60.6 billion.
- Berkshire invests $5.6 billion in IBM.
2013:
- Buffett's annual letter highlights the benefits of compound interest.
- Berkshire acquires H.J. Heinz Company for $23.3 billion.
2014:
- Buffett's net worth grows to $73.3 billion.
- Berkshire invests $3.3 billion in Van Tuyl Group, an auto dealership chain.
2015:
- Buffett's annual letter emphasizes the importance of adaptability.
- Berkshire acquires Precision Castparts for $37.2 billion.
2016:
- Buffett's net worth reaches $84.5 billion.
- Berkshire invests $1.4 billion in Apple.
2017:
- Buffett's annual letter highlights the benefits of low-cost investing.
- Berkshire acquires Nebraska Furniture Mart for $1.4 billion.
2018:
- Buffett's net worth grows to $91.5 billion.
- Berkshire invests $9.6 billion in USG Corporation.
2019:
- Buffett's annual letter emphasizes the importance of patience and discipline.
- Berkshire acquires Dominion Energy's natural gas assets for $9.7 billion.
2020:
- Buffett's net worth reaches $103.8 billion.
- Berkshire invests $10 billion in Occidental Petroleum.
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