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Goldman Sachs brings 10,000 Small Businesses program to Detroit

DETROIT, Nov. 26 (UPI) -- Investment bank Goldman Sachs says it is bringing its 10,000 Small Businesses program to the Detroit area, with loans and educational programs available.
Billionaire wealth doubles since financial crisis

Billionaire wealth doubles since financial crisis

(UPI) -- Billionaire wealth more than doubled since the financial crisis, with more than 2000 individuals now holding $6.5 trillion, up from $3.1 trillion in 2009.
Sonali Basak
McDonald's dumps Heinz

McDonald's dumps Heinz

OAK BROOK, Ill., Oct. 26 (UPI) -- U.S. fast food giant McDonald's said the ketchup it buys just got personal, saying it would quit doing business with H.J. Heinz because of a managerial change.

German gummy bears maker Hans Riegel dead at 90

BONN, Germany, Oct. 15 (UPI) -- Hans Riegel, a hugely successful German industrialist whose business happened to be candy, died Tuesday, his company said. He was 90.
House unanimously votes to restore fallen soldiers' benefits

House unanimously votes to restore fallen soldiers' benefits

WASHINGTON, Oct. 9 (UPI) -- The U.S. House voted unanimously Wednesday to restore Defense Department death benefits for the families of fallen service members.
Warren Buffett sees light at end of the debt ceiling battle

Warren Buffett sees light at end of the debt ceiling battle

WASHINGTON, Oct. 4 (UPI) -- Billionaire investor and philanthropist Warren Buffett predicts Congress won't resort to "extreme idiocy" and will vote to extend the federal debt ceiling.
Warren Buffett picks Bernanke for third term as Fed chairman

Warren Buffett picks Bernanke for third term as Fed chairman

WASHINGTON, Sept. 19 (UPI) -- Billionaire investor Warren Buffett, the so-called Oracle of Omaha, said his pick to succeed U.S. Federal Reserve Chairman Ben Bernanke is -- Ben Bernanke.
Bill Gates tops list of Forbes' richest in U.S. for 20th year

Bill Gates tops list of Forbes' richest in U.S. for 20th year

NEW YORK, Sept. 16 (UPI) -- Microsoft founder Bill Gates topped the annual Forbes list of richest U.S. residents released Monday for the 20th consecutive year.

The almanac

UPI Almanac for Friday, Aug. 30, 2013.
By United Press International

Heinz announces layoffs of 600 office staff in U.S. and Canada

PITTSBURGH, Aug. 14 (UPI) -- The new owners of H.J. Heinz announced Tuesday 600 office jobs are being cut, 350 in Pittsburgh and the rest elsewhere in the United States and Canada.
House votes to delay Affordable Care Act mandates

House votes to delay Affordable Care Act mandates

WASHINGTON, July 17 (UPI) -- The U.S. House voted 251-174 Wednesday to delay for one year the individual mandate to purchase health insurance under the Affordable Care Act, or Obamacare.

Warren Buffett lunch auction winner pays $1,000,100

SAN FRANCISCO, June 8 (UPI) -- The annual eBay auction for a private lunch with Berkshire Hathaway Chairman Warren Buffett ended with a winning bid of $1,000,100, officials said.

Buffett to buy NV Energy for $5.6 billion

DES MOINES, Iowa, May 30 (UPI) -- MidAmerican Energy Holdings said it plans to buy Nevada electric producer NV Energy for $5.6 billion, or $23.75 per share.

Miami Dolphins owner pledges to give away $2 billion

MIAMI, May 8 (UPI) -- Miami Dolphins owner Steve Ross has pledged to give half his fortune of $4.4 billion to charity.
Buffett praises Fed Chairman Ben Berrnanke

Buffett praises Fed Chairman Ben Berrnanke

WASHINGTON, May 6 (UPI) -- Billionaire investor Warren Buffett offered high praise for U.S. Federal Reserve Chairman Ben Bernanke.
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Photos
Warren Buffett
President Barack Obama awards the 2010 Presidential Medal of Freedom to Warren Buffet during a ceremony at the White House in Washington on February 15, 2011. UPI/Kevin Dietsch
Wiki

Warren Edward Buffett (pronounced /ˈbʌfɨt/; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.

Buffett is called the "Oracle of Omaha" or the "Sage of Omaha" and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.

Buffett was born in 1930 in Omaha, Nebraska, the second of three children and only son of U.S. Representative Howard Buffett, a fierce critic of the interventionist New Deal domestic and foreign policy, and his wife Leila (née Stahl). Buffett began his education at Rose Hill Elementary School in Omaha. In 1942, his father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, D.C., Warren finished elementary school, attended Alice Deal Junior High School, and graduated from Woodrow Wilson High School in 1947, where his senior yearbook picture reads: "likes math; a future stock broker."

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Warren Buffett."
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