No. 3 Warren Buffett

Warren Buffet

                                    Net Worth: $50 billion (up from $47 billion)

                                    Fortune: Self made
                                    Age: 80
                                    Residence: Omaha, Nebraska, USA
                                    Country Of Citizenship: United States
                                    Source: Berkshire Hath

                                    Education: MS, Columbia University; BA/BS, University of Nebraska Lincoln

                                    Industry: Investments
                                    Marital Status: widowed, remarried

                                   Children: 3

    Warren Buffet is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett",  he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.


    Buffett is called the "Wizard of Omaha", "Oracle of Omaha", or the "Sage of Omaha" and is noted for his adherence to the value investingphilosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation.

    Warren Buffett’s firm Berkshire Hathaway climbed more than 15% over the last year adding $3 billion to his to fortune. Along with bridge partner Bill Gates, the Oracle of Omaha is coaxing America’s richest to pledge half their fortunes to charity. “Too often a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse and long-standing friends.” Buffett faked breathing problems when he was 12 so he could move back to Omaha from Washington, D.C., where his father was a freshman congressman. He had read every book about investing in stocks in the Omaha Public Library by the time he was 12. He met value investor Benjamin Graham at Columbia; bought textile firm Berkshire Hathaway 1965, and transformed it into massive holding company: food, insurance, utilities, industrials. Buffett acquired railroad giant Burlington Northern Santa Fe for $26 billion in 2009.