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Founder Profile

Warren Edward Buffett

Last reviewed: October 2026 · By Swet Parvadiya

Who is Warren Edward Buffett?

Warren Edward Buffett is a founder of Berkshire Hathaway Inc., which was founded in 1839 with Oliver Chace.

Company founded
Berkshire Hathaway Inc.
Founded
1839
Co-founders
Oliver Chace

Background

Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska, the son of Howard Buffett, a stockbroker and congressman. Buffett demonstrated a notable aptitude for numbers and business from early childhood, filing his first tax return at age 13 and pursuing an undergraduate degree at the University of Nebraska before completing his master's degree at Columbia Business School, where he studied under Benjamin Graham. Graham's value investing framework, identifying stocks trading below their intrinsic value with a margin of safety, became the foundation of Buffett's investment philosophy, though he would later refine it significantly through the influence of Charlie Munger toward investing in high-quality businesses at fair prices rather than mediocre businesses at very cheap prices.

Founding Story

Warren Buffett effectively refounded Berkshire Hathaway beginning in 1965 when his investment partnership gained control of the struggling New England textile company and he became its chairman and CEO. Over the following six decades, Buffett transformed Berkshire from a failing textile operation into one of the world's most valuable and admired companies, deploying insurance float into a diverse portfolio of wholly-owned businesses and publicly traded equities. Buffett's investment approach, patient, value-oriented, concentrated, and long-term, generated compound annual returns that significantly outpaced the S&P 500 over his tenure. His record over six decades is among the most closely studied in finance. His annual letters to Berkshire shareholders have become required reading in business schools worldwide for their clarity of thought, ethical grounding, and practical wisdom about capital allocation. Buffett has pledged to donate virtually his entire fortune to philanthropy through the Giving Pledge he co-founded with Bill and Melinda Gates. Buffett handed the chief executive role to Greg Abel on January 1, 2026, and on September 18, 2026 he was named Chairman Emeritus while remaining a director, with his son Howard G. Buffett becoming chairman.

Education: University of Nebraska–Lincoln. (Exact birth year remains publicly undisclosed).

Sources

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.