20 Little Known Facts About Warren Buffett

Here are 20 little known facts about Warren Buffett, head of Berkshire Hathaway Inc. BRK BRK.

1. Warren Buffett's father was a republican congressman.

2. Warren Buffett is of Huguenot ancestry.

3. His first stock purchase was three shares of Cities Service Preferred purchased when he was 11 years old.

4. When he was 14 years old, he filed his first tax return, which listed his watch and bicycle as a tax deduction of $35 for his paper route.

5. He was a capitalist at a very young age, not only delivering newspapers, but selling magazine subscriptions door-to-door, selling golf balls, and selling The Coca-Cola Co KO.

6. He owned a chain of pinball machines in various barber shops when he was 15 years old.

7. In his high school yearbook, under his picture, it says 'likes math; a future stock broker.'

8. He received his B.S. in Economics from the University of Nebraska–Lincoln when he was only 19 years old.

9. He paid $31,500 for the Omaha house he lives in today (although he bought it 52 years ago).

10. He owns a house in Laguna Beach, California.

Related Link: Warren Buffett Says Mr. Market Is A 'Drunken Psycho'

11. Buffett attended Columbia Business School because Benjamin Graham and David Dodd taught there.

12. In 1951, he received a M.S. in Economics from Columbia Business School.

13. He made almost $10,000 by the age of 20 in 1950.

14. Buffett's father and Benjamin Graham told him not to work on Wall Street.

15. He taught a night class at the University of Nebraska-Omaha called Investment Principals.

16. He owned a Sinclair Texaco gas station in his early 20's.

17. His starting salary at Benjamin Graham's company was $12,000 a year.

18. When he was 26 years old, he had $174,000 in savings.

19. He became a millionaire in 1962.

20. Buffett first bought Berkshire Hathaway stock at $7.60 per share.