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Worlds successful

entrepreneurs
PRESENTED BY: RAHUL
IKBAL
who is warren buffet ?

 Buffet is an American business magnate

 World’s third richest person

 World’s most successful investor

 He is the C.E.O of the Berkshire Hathaway

 And he is a great philanthropist


Early Life

 Birth date : 30th august 1930

 Birth place : Omaha, Nebraska, united states

 Born to : Howard buffet, Leila stahl

 He is the second of the three children


Cont……

 Warren buffet started his schooling in rose hill elementary school

 In 1942 his father become the U.S House representative

 And he had to move to the Washington D.C

 He graduated from the woodrow wilson high school in 1947

 Warren likes to be on his own from his childhood

 He never wants to be grown under his parents


Cont…..

 After completing the business administration in university of


Pennsylvania

 He enrolled in Columbia university and completes his masters their

 And he made his investment philosophy around the concept of value


investing

 He is highly influenced by Benjamin graham

 Who is also professor at Columbia university


starting period

 Before going into the stock market buffet worked at

 buffet&falk company : 1951 to 1954 as a sales man

 Graham&newman : 1954 to 1956 as analyst

 After getting the experience about the market he started


investing in stocks in partner ships

 Between 1956 to 1969 this partnerships happened


Cont….

 In1956 warren started to invest in stock market with his long time friend Charlie munger and
some other friends

 In 1962 buffet become the millionaire because of these partners

 At that time buffet partnerships had almost an excess of $ 71,78,500

 And buffet merges them all into one

 In 1965 he slowly started to buy the shares of Berkshire Hathaway company

 He started to buy the shares at the price of $7.60 per share

 And finally in 1970 he gets total control over the Berkshire hathaway
Berkshire Hathaway
history
 Founded : 1839, Cumberland, U.S

 Founder : oliver chace

 Deals in : textaile business

 Former name : vally falls company


Berkshire Hathaway
after 1970
 After buffet getting the Berkshire Hathaway he continued with
the textile business

 But after 1985 buffet feels that textile business is no longer safe

 And he moves to the insurance business

 He slowly started to invest in the stocks too

 After a while he moves Berkshires to his home town omaha


Berkshire Hathaway
present
 Type : public company

 Industry :conglomerate

 Headquarters : Kiewit plaza, Omaha

 Key people : warren buffet {chairman&C.E.O}

chrles munger {vc}

 Area served : world wide


Cont….

 Products : stocks
insurance
media
real estate
internet
sporting goods
food processing
aerospace
Cont….

 Operating income : $20.90 billion

 Net income : $44.94 billion

 Total assets : $702.09 billion

 Total equity : $348.29 billion

 owner : warren buffet

 Number of employees :3,77,000


Buffet owned companies

 GEICO
 Dairy queen
 Bnsf railway
 Lubrizol
 Fruit of the loom
 Helzberg diamonds
 long%&faster
 Pampered chef
 Net jets
cont….

 Pilot flying J : 38.6% {owner}

 Kraft henniz :26.7%

 Amrican express :17.6%

 Coca&cola : 9.4%

 Apple : 3.4%

 Frago : 9.9%
Financial Crisis

 Buffet went to financial crisis during 2007 to 2008

 Buffet called downturn in financial sector

 Berkshire suffered 77% drop in earnings

 It suffered large market loss

 Berkshire produce a more robust disclosure


Overcoming crisis

 Berkshire Hathaway acquired 10% of stocks of gold man sachs

 And buffet take over the company of rohm&hass

 With paying $18.8 billion

 Which provide Berkshire to pay its debt

 And it helps it to get back into the market

 Again in 2008 buffet becomes the worlds richest person


Charity

 Associates with bill&Melinda gates foundation

 He donates 10 million B class shares to this foundation

 And a foundation named after him called buffet foundation

 He donates $2.6 billon to this foundation

 On 9th December 2010 buffet, bill gates,zuckerburg,signed


promise which called as the “gates&buffet giving pledge”
Awards&honors

 He was awarded by president medal of freedom in 2011

 He is the forbes person of the year

 He is the times person of the year

 He receives special honour from gates foundation


invest policy

 He strongly follows two things

 First one : never lose the money

 Second : never forget the first rule

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