WARREN

BUFFETT
Born: 30 August 1930 (age
87 years), Omaha, Nebraska, United
States

Net worth: 81.9 billion USD

(2018) Forbes

Spouse: Astrid Menks (m. 2006), Susan

Buffett (m. 1952–2004)

Did you know: Warren Buffett has the

second-highest amount given to
charity ($30.80 billion) among the
greatest philanthropists.
• Warren Edward Buffet is an American business magnate,
investor, and philanthropist who serves as the chairman and CEO
of Berkshire Hathaway. He is considered one of the most
successful investors in the world and has a net worth of US$84
billion as of June 3, 2018, making him the third wealthiest person
in the world.

• He went on to graduate from Columbia Business School, where

he molded his investment philosophy around the concept
of value investing that was pioneered by Benjamin Graham.
• Berkshire now owns a diverse range of businesses
including confectionery, retail, railroads, home
furnishings, encyclopedias, manufacturers of vacuum
cleaners, jewelry sales, newspaper publishing, manufacture
and distribution of uniforms, and several
regional electric and gas utilities.
 Buffett's • Before working for Benjamin
Graham, Warren had been an
First investment salesman – a job that he
Partnership liked doing, except when the stocks he
suggested dropped in value and lost
money for his clients. To minimize the
potential of having irate clients, Warren
started a partnership with his close
friends and family.
 Buying • In 1962, Warren saw an opportunity to
invest in a New England textile
Berkshire company called Berkshire Hathaway
Hathaway and bought some of its stock. Warren
began to aggressively buy shares after
a dispute with its management
convinced him that the company
needed a change in leadership.
Ironically, the purchase of Berkshire
Hathaway is one of Warren’s major
regrets.
• Warren is a sort of jack-of-all-trades when it comes to
industry knowledge. Berkshire Hathaway is a great example.
Buffett saw a company that was cheap and bought it,
regardless of the fact that he wasn’t an expert in textile
manufacturing. Gradually, Buffett shifted Berkshire’s focus
away from its traditional endeavors, instead using it as a
holding company to invest in other businesses. Over the
decades, Warren has bought, held and sold companies in a
variety of different industries.
QUOTES
ENRIQUE
RAZON JR
• Born: 3 March 1960 (age
58 years), Philippines
• Nationality: Philippine
• Net worth: 3.6 billion USD
(2018) Forbes
• Education: De La Salle University
• Parent(s): Enrique M. Razon
• Children: Katrina Razon
• Enrique Anselmo Klar Razon Jr. is a Filipino billionaire and the
Chairman and CEO of the Manila-listed company International
Container Terminal Services, Inc., the Philippine port-handling giant.

• a Filipino billionaire and the Chairman and CEO of he Manila-listed

company International Container Terminal Services, Inc. (ICTSI), the
Philippine port-handling giant. As of 2012, he was the third richest
Filipino, a four-place jump from the previous year's ranking, mainly
because of his stake in Bloomberry Resorts and Hotels. On
the Forbes 2016 list of the world's billionaires, he was ranked #722
with a net worth of US$2.4 billion
Background • Razon's grandfather established
Manila’s main port in South Harbor. He
shares the same name with his father,
Enrique Razon, who built the business
through World War II.
• In 1987, Razon inherited International
Container Terminal Services, Inc, which
grew to become the largest
corporation providing container-port
terminal services
in Manila, Subic, Batangas, General
Santos City, Poland and Brazil.
• Razon has a basketball team in the Philippine Basketball League
(PBL), with most of its players coming from the De La Salle
University (DLSU) Green Archers

• In 2003, Razon donated P50 million for DLSU’s sports development.

The P50 million pesos were broken down into the following: P25
million for equipment and facilities of the Enrique M. Razon Sports
Complex, named after his father; P20 million for athletic scholarships;
and P5 million for a sports solidarity fund.
QUOTES