Warren Buffett Research Paper

1365 Words6 Pages

Globally, there are many wealthy people, some of whom are more wealthy than others. These wealthy individuals include people such as Warren Buffett, Jeff Bezos, Jacqueline Mars, Abigail Johnson, and Margaretta Taylor. Each and every one of these people come from different socioeconomic backgrounds and live their lives independently. They got started on pathways that led them to the riches they are now known for. They look back on their family life and the people who influenced them to get to where they are now. Known as the "Oracle of Omaha," Warren Buffett is an investment guru and one of the richest and most respected businessmen in the world. He was born in Nebraska in 1930. Buffett enrolled at the University of Pennsylvania at the …show more content…

Entrepreneur and e-commerce pioneer Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. As a child, Jeff Bezos showed an early interest in how things work, turning his parents' garage into a laboratory and rigging electrical contraptions around his house. He moved to Miami with his family as a teenager, where he developed a love for computers and graduated valedictorian of his high school. It was during high school that he started his first business, the Dream Institute, an educational summer camp for fourth, fifth and sixth graders. Bezos had an early love of computers and studied computer science and electrical engineering at Princeton University. After graduation he worked on Wall Street, including Fitel, Bankers Trust and the investment firm D.E. Shaw. It was there he met his wife, Mackenzie, and became the company's youngest vice president in 1990. Four years later, he quit his lucrative job to open Amazon.com. Bezos made headlines worldwide on August 5, 2013, when he purchased The Washington Post and other publications affiliated with its parent company. Amazon's chief Jeff Bezos net worth as of today is $121.1 billion. He is the first person to top $100 billion as number one on the Forbes list of the World's Billionaires. In 2012, he …show more content…

Soros is one of the world's most successful investors. As of February 2018, Soros had a net worth of $8 billion, after donating $18 billion to his philanthropic agency, Open Society Foundations. He attended the London School of Economics graduating with a bachelor's and eventually a master's in philosophy. He began his business career by taking various jobs at merchant banks in England and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnished the seed money to start Soros Fund Management, his second hedge fund, in 1970. His early studies of philosophy led him to develop and apply Karl Popper's General Theory of Reflexivity to capital markets. He is a well-known supporter of American progressive and American liberal political causes and dispenses his donations through his foundation, the Open Society Foundations. Between 1979 and 2011, Soros donated more than $11 billion to various philanthropic causes; by 2017, his donations "on civil initiatives to reduce poverty and increase transparency, and on scholarships and universities around the world" totaled $12 billion. In 1947, Soros immigrated to England and became a student at the London School of Economics.[37] While a student of the philosopher Karl Popper, Soros worked as a railway porter and as a