Last updated on:
7/17/2013 |
Author: ProCon.org
Warren Buffett, MS Biography
- Title:
- Chairman and CEO of Berkshire Hathaway
- Position:
- Con to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
- Reasoning:
-
“The idea that American business is at a big disadvantage against the rest of the world because of corporate taxes is baloney in my view. In the 50s and 60s, corporate taxes were 52%, and we were making all kinds of [job] gains.”
Rana Foroohar, “Warren Buffett Is on a Radical Track,” business.time.com, Jan. 23, 2012
- Involvement and Affiliations:
-
- Trustee, Bill and Melinda Gates Foundation, 2006-present
- Chairman and CEO, Berkshire Hathaway, 1970-present
- General Partner, Buffett Partnership Ltd., 1956-1969
- Securities Analyst, Graham-Newman Corp, 1954-1956
- Investment Salesman, Buffett-Falk and Co., 1951-1954
- Education:
-
- MS, Economics, Columbia University, 1951
- BS, University of Nebraska, 1950
- University of Pennsylvania, 1947-1948
- Other:
-
- Pledged to give away half of his fortune to philanthropic causes, primarily via the Bill and Melinda Gates Foundation
- Net worth $53.5 billion as of Mar. 2013
- Born on Aug. 30, 1930 in Omaha, NE
- Lives in the same house in Omaha that he bought in 1958 for $31,500
- Named the top money manager of the twentieth century in a survey by the Carson Group in 1999
- Named one of TIME magazine’s 100 Most Influential People in the world in 2007
- Named one the most influential global thinkers by Foreign Policy in 2010
- Awarded the Presidential Medal of Freedom by Barack Obama in 2011
- Second of three children and only son of former four-term US Representative Howard Buffett
- Quoted in:
- Pro & Con Quotes: Does Lowering the Federal Corporate Income Tax Rate Create Jobs?