Economy 101: The Legend of Warren Buffett & Wealth Creation
A photo of President Barack Obama meeting with Warren Buffett, the Chairman of Berkshire Hathaway, in the Oval Office, July 18, 2011. Warren Buffett, born August 30, 1930, in Omaha, Nebraska, is widely regarded as one of the greatest investors of all time and with a net worth of approximately $140 billion as of 2025, he has pledged to give away 99% of his wealth through the Giving Pledge, primarily to the Bill & Melinda Gates Foundation. His disciplined, patient approach—emphasizing economic moats, intrinsic value, and long-term ownership—has delivered outsized returns, outpacing the S&P 500 for decades. Image source: White House/Wikipedia
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