Sunday, July 02, 2006
Capitalist of the week: Warren Buffett
With his announcement last week that he would donate $31 billion (give or take) to the Bill and Melinda Gates Foundation, Warren Buffett wins the coveted honor of Capitalist of the Week.
Born August 30th, 1930 and known as the Oracle of Omaha, Buffet is ranked as the second wealthiest person in the world behind Bill Gates. He is known for his unpretentiousness and frugality. Despite his immense wealth he still lives in the same Omaha house that he purchased in 1958 for $31,500 and draws a scant $100,000 salary from Berkshire Hathaway.
Atta boy, Warren!