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Jaden M c Gettigan.  Warren Buffett is the third richest person in the world, and the second richest man in America.  He is the CEO of a company that.

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Presentation on theme: "Jaden M c Gettigan.  Warren Buffett is the third richest person in the world, and the second richest man in America.  He is the CEO of a company that."— Presentation transcript:

1 Jaden M c Gettigan

2

3  Warren Buffett is the third richest person in the world, and the second richest man in America.  He is the CEO of a company that owns many media, food, construction, clothing, insurance and furniture companies.  He is currently worth about $53.5 billion.

4  Warren is one of very few billionaires who live simple lives.  He does not own a huge mansion, but a small cottage.  He does not own a private jet or an expensive car, but drives a car made in early 2005.

5  Whilst doing his taxes in 2006, he realised that his taxes (19%) were lower than his employees (33%).  His employees were earning way less than he was, yet they had higher taxes.  He literally begged the government to increase his taxes, to “make it fair”.

6  Warren made the worlds biggest donation to charity in 2006.  He donated $1.5 billion to the Bill and Melinda Gates Charity.  In 2012, he pledged to give away 99% of his wealth before he died.

7  During his first marriage, Warren was widely criticised for not giving away any of his money.  After his first wife died of cancer, he decided to change his attitude to money, and give back to society.  Bill Gates also influenced him to give away his money. Gates is said to have told people “You don’t need a lot of money!”

8  Warren’s company – Berkshire Hathaway – is a multi-billion dollar government bond insurance company.  Being the CEO of such a company, he is placed under a lot of stress.  In his leisure time, Warren just relaxes.  During an interview, he said “Damn the business deal. Keep your work and your life in balance.”

9  Warren is jealous of everyone else in the world. Not the other billionaires, but people like us.  He has been called the greatest investor of all time, but Warren actually wishes he had less money to invest.  Warren is now just giving away his money.

10  I would like to live the same way as Warren, not because of his money, but because of what he does for society.  Warren is not greedy, like most billionaires. He does not want his money, but wants everyone else to have it; especially those less fortunate.

11  Being an 82 year old, Warren might still be continuing his work in 10 years time.  Obviously, he won’t be alive in 50 years time.  Warren is dying. He was recently diagnosed with prostate cancer. This is why he is now trying to give away more money than ever.


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