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?