How did Warren Buffett become so rich? - ProProfs Discuss
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How did Warren Buffett become so rich?

Asked by R. Barnes, Last updated: Jan 10, 2021

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W. Pratt

W. Pratt

Want to learn new things and share my knowledge

W. Pratt
W. Pratt, Marketing Analyst, MBA, Lincoln

Answered Apr 16, 2020

Warren Buffet is one of the richest men in the world. He is estimated to be worth anywhere from 83 billion to 89 billion dollars. His wealth has come from a long time of making smart decisions and investments. One of the reasons for his money is that he early on invested in Coca-Cola.

He did so through stock trading. Another reason for Buffet's wealth is that he used to run other money, which is through investments. His career in investments started on Wall Street. He had a high salary while he worked for Benjamin Grahm. Along with that, he ran private partnership investments.

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I.Isabella

I.Isabella

I.Isabella
I.Isabella

Answered Jan 28, 2020

Warren Buffet became wealthy by making very sound and wise investments based on longevity and value. Most people believe that Buffet came into a lot of money by investing in Coca-Cola, or the fact that he is an expert stock trader. His earnings are most likely the culmination of quite a number of variables. His early success in running money for other people, most definitely contributed to his enormous success.

Buffet began his professional investment career on Wall Street, much like many other people. Buffet worked as an analyst for Benjamin Grahm, who became his mentor. Buffet owes his investment style to this man. Also, when Buffet started, he obtained an impressively high salary. He invested most of what he earned. He also ran private investment partnerships between 1956 to 1969.

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