This Is How Much Warren Buffett Was Worth At Your Age
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Want to see how you stack up against Warren Buffett’s wealth and how far along he was in building his billion-dollar net worth over the years?
Warren Buffett started building his wealth at a young age, but about 99.7 percent of his wealth was earned after his 52nd birthday.
Here’s a breakdown of Buffett’s wealth-building by age how the “Oracle of Omaha” came to amass his fortune. How do you stack up?
Warren Buffett wealth in his 20s
At the age of 21, Warren Buffett had an estimated net worth of about $20,000. That’s not bad for considering $20,000 in 1951 is about $210,000 in 2021 money.
Buffett’s early years after college can best be summed like this – keep pestering people until they hire you and soak up as much information during that time.
“After graduating college, Buffett repeatedly tried to land a job with mentor Benjamin Graham — even offering to work for free — but had to return to Omaha to work for his father as a stockbroker after Graham’s repeated rejections. At age 21, his net worth was just $20,000.
However, after he kept sending investment ideas to Graham, the legendary investor relented and hired Buffett a couple of years later for an annual salary of $12,000 — almost three times the annual median income for the average family in 1954.”
Buffett’s mentor ended up retiring a few years later, and by the time Buffett reached 26, his net worth was estimated between $140,000-$174,000.
Warren Buffett’s wealth in his 30s
By the time 1962 rolled around, Buffett was a straight-up billionaire.
He put almost all of his money into his investment partnership, and the company grew to about $17 million by early 1964. Buffett’s personal stake in the company was worth about $1.8 million.
Buffett bought a controlling share of stock in Berkshire Hathaway in 1965.
Warren Buffett’s wealth in his 40s
Buffett’s net worth hit $34 million by the age of 43, and the future billionaire bought See’s Candies for $25 million in 1972. The company would bring in almost $2 billion in profits over the next 50 years. By the end of the decade, Buffett’s net worth topped $100 million.
Warren Buffett’s wealth in his 50s-80s
Here’s an overview of some of the moves that propelled Buffett to billionaire status over the last 40 years.
- In 1989, at age 59, Buffett was worth $3.6 billion.
- Berkshire’s continued success bolsters Buffett’s – from $3.3 billion in 1990 to $10.7 billion in 1995 – and the big guy closes out the decade with a net worth of $36 billion in 1999.
- At the end of the decade, Buffett was still firmly planted in billionaire status, but the crash of 2008 saw Buffett’s wealth plummet to just $37 billion.
- As of the writing of this article, the 91-year-old Buffett is worth an estimated $102 billion.
Read the story of Warren Buffett’s wealth throughout the years over on GoBankingRates.