22 Mind-blowing Facts About Warren Buffett And His Wealth

feedback@businessinsider.com (Business Insider), Business Insider
Mon, 02/22/2016 - 2:00pm

AP Photo/Nati HarnikWarren Buffett was picking out stocks at 11 years old — and he amassed the equivalent of $53,000 in today's dollars by the time he was 16. Today, the 85-year-old investing legend has an estimated net worth of over $70 billion, according to Forbes, making him the third richest man in the world. Inspired by a Quora thread asking "What are some mind-blowing facts about Warren Buffett," we rounded up 23 astonishing facts about the "Oracle from Omaha" and his massive amount of wealth: While his elementary school classmates were dreaming about the major leagues and Hollywood, 10-year old Buffett was having lunch with a member of the New York Stock Exchange and setting life goals. REUTERS/Rick Wilking Buffett's legendary career all began with an epiphany at age 10 when he was on a trip to New York City with his dad. Dining with a member of the NYSE planted the idea in young Buffett's head to organize his life around money. Source: Business Insider He bought his first stock at age 11. Airbnb He purchased multiple shares of Cities Service Preferred for $38 apiece. Source: GOBankingRates When Buffett was a teen, he was already raking in about $175 a month — more than his teachers (and most adults). AP Images He pulled this off by dutifully delivering the Washington Post. Source: Business Insider See the rest of the story at Business Insider

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