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One of the most famous investors in the world is Warren Buffett. After losing $25 billion, his net worth now is right around $37 billion. Most of his fortune is self-made, coming as an outgrowth of a textile firm, Berkshire Hathaway. His father was a politician in Omaha, and Buffett delivered newspapers for his first job. (He also took a $35 tax deduction for his bicycle at age 13.) When Buffett bought Berkshire, he spent some years transitioning it to a holding company. Then he began using it to buy other businesses. Buffett is known for his business sense and investing savvy, and his obsession with checking into companies for their sound fundamentals before making a buying decision. Berkshire owns stakes in Geico, Dairy Queen, See’s Candy, Coca-Cola, Wells Fargo and other well-known companies
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