Warren Buffett bought his first stock at age 11 — three shares of Cities Service preferred — and later called it a lesson in patience after he sold too early and watched it soar.
Source: Berkshire Hathaway lettersVerified 2026-07-10
Warren Buffett still lives in the Omaha house he bought in 1958 for $31,500 — the same frugality behind his $100,000 CEO salary, unchanged for decades, which keeps nearly all of his wealth inside Berkshire stock rather than paid out to him.
Warren Buffett has led Berkshire Hathaway since 1970 — the longest tenure of any chief executive in our CEO$ database.
Warren Buffett has drawn the same $100,000 salary from Berkshire Hathaway for over 40 years — one of the lowest CEO salaries of any major company. His wealth is his stock, not his pay.