Warren E. Buffett
Also at BERKSHIRE HATHAWAY INC
About
Warren E. Buffett, born on August 30, 1930, has earned a reputation as one of the most successful investors in history. Known for his disciplined approach and long-term investment philosophy, he transformed a struggling company into a multinational conglomerate with diverse holdings. His strategic capital allocation and consistent focus on value creation have been key factors in his enduring success.
Buffett began his journey at Berkshire Hathaway by joining as a director and controlling shareholder in 1965, later taking on the role of Chairman and Chief Executive Officer in 1970. Under his leadership, the company evolved from a textile firm into an empire with significant investments across insurance, railroads, energy, and consumer goods.
Aside from his professional milestones, Buffett is celebrated for his personal frugality and philanthropic endeavors. He is widely respected not only for his business acumen but also for his commitment to ethical business practices and long-term wealth generation. His influence extends beyond Berkshire Hathaway through his directorship roles and charitable contributions.
$BRK-B Performance Under Warren E. Buffett
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Annual Salary | $100,000 | Annual | Fixed annual salary. |
| Personal and Home Security Services | $313,595 | As incurred | Paid by Berkshire Hathaway; reported as "All Other Compensation" in the Summary Compensation Table. |
| Reimbursement for Personal Costs | $50,000 | One-time | Reimbursement for minor personal costs (e.g., postage, phone calls) reimbursed by Mr. Buffett to Berkshire Hathaway. |
Performance Compensation
No information available on performance compensation for 2023