STARBIZWEEK, SATURDAY 30 APRIL 2016 8 infographic Woodstock of capitalism Warren Buffett and Berkshire Hathaway Inc will this weekend welcome tens of thousands of people to Omaha for the company’s annual shareholder gathering, which Buffett calls “Woodstock for Capitalists.” It almost wasn’t to be. Prior to taking over Berkshire on May 10, 1965, Buffett had planned to sell back his shares in what was then a struggling textile company. But he got angry when the term sheet showed a price 12-1/2 cents a share less than he agreed to. He responded by buying all the shares he could, until he won control. Fifty-one years later, Berkshire is an energy, insurance, manufacturing, railroad, retailing and investment empire with close to 90 companies, well over US$100bil of common stock investments, and a market value around US$364bil. FACTS ABOUT WARREN BUFFETT Born: August 30, 1930 (But likes steak, hamburger, Cherry Coke and See’s Candies, and says he eats like a 6-year-old.) Education: University of Nebras- ka-Lincoln, Columbia Business School Net worth: US$69.3 billion on April 27, 2016, ranking third worldwide. Berkshire ownership stake: 18.8% as of March 2, 2016 Berkshire voting power: US$ 33% as of March 2, 2016 200,000 Annual salary at Berkshire: US$100,000 BERKSHIRE INFORMATION Net income: Famous Buffett quotation: US$24.08bil 150,000 up 21% from 2014 Revenue: US$210.82bil 100,000 up 8% from 2014 - Sept. 4, 1991 testimony before 50,000 Congress about Salomon Inc, where Stock price: Buffett became interim chairman to restore order after a Treasury US$219,120 auction bidding scandal. John per Class A share as of April 29, 2016 Gutfreund, who had led Salomon, 2,950 died in March. US$ 0 Family: Buffett married Astrid Menks on August 30, 2006, his 76th birthday. His first wife, Susan ATTENDANCE AT BERKSHIRE SELECTED BUSINESSES OWNED: Buffett, died in 2004. ANNUAL MEETINGS Benjamin Moore, Berkshire Hathaway Automotive, Berkshire Buffett has three children from his 1965: 12 Hathaway Energy, BNSF, Borsheim’s Fine Jewelry, Brooks, first marriage: Susan, Howard and Business Wire, Clayton Homes, Duracell, Fruit of the Loom, Peter. 1979: about 24 Geico, General Re, IMC International Metalworking, Interna- 1986: 1,000 tional Dairy Queen, Lubrizol, Marmon, McLane, National Philanthropy: After Buffett dies, 1995: 4,100 Indemnity, Nebraska Furniture Mart, NetJets, Precision his Berkshire stock will go to Castparts, See’s Candies philanthropies. In 2006, Buffett 1997: 7,700 pledged 85% of his net worth to 2000: 13,000 Major stock investments the Bill & Melinda Gates Founda- tion and four family charities. 2005: 21,000 as of Dec. 31, 2015: 2015: 40,000+ Wells Fargo: Coca-Cola Home: Has lived in the same house since 1958. The 95-year-old, Employees at year end: US$27.2bil US$17.2bil 10-room, five-bedroom, 2-1/2-bath home on 0.72 acres IBM: American Express was assessed at 361,270 US$660,200 in 2016. US$11.2bil US$10.5bil (Source: Reuters, various reports) ©The Star graphics by Mohd Izudin Ismail.