Trivia Facts Quiz On Warren Buffett Wealth And Philanthropy!

Explanation
Buffett was working as a paperboy and selling his own horseracing tip sheet at the age of 13. This suggests that he started his entrepreneurial ventures at a relatively young age, demonstrating his early interest in business and his drive to make money. It also highlights his ability to identify opportunities and take action to capitalize on them.

Explanation
The correct answer is 3. This suggests that at the age of 11, he made his first investment by buying 3 shares of Cities Service Preferred.

Explanation
In 2004, Warren Buffett married Astrid Menks.

Explanation
Warren Buffet's birthday falls between August 23rd and September 22nd, which makes him a Virgo according to astrology. Virgos are known for their practicality, attention to detail, and analytical thinking, which aligns with Buffet's reputation as a successful investor and businessman.

Explanation
The question asks for the year in which he became a billionaire. Since the answer is 1990, it implies that he reached a net worth of at least one billion dollars in that year.

Explanation
Warren Buffett became a millionaire in 1962. This is the year when his investments and business ventures started to yield significant returns, propelling him to achieve millionaire status.

Explanation
In 2011, Warren Buffett was awarded the Presidential Medal of Freedom. This prestigious honor is the highest civilian award in the United States and is given to individuals who have made exceptional contributions to the country. Buffett, known as one of the most successful investors in history, was recognized for his philanthropy and his efforts to promote economic growth and social justice.

Explanation
In 2009, Warren Buffett announced that Berkshire Hathaway would be acquiring the railroad company Burlington Northern Santa Fe Corporation for approximately $26 billion. This acquisition was a significant move for Berkshire Hathaway, as it allowed the company to expand its presence in the transportation and logistics industry. The purchase also reflected Buffett's long-term investment strategy and his confidence in the future prospects of the railroad industry.

Explanation
The question does not provide any specific year for when Warren Buffett invested $5 billion in Goldman Sachs Group, Inc. Therefore, none of the given options can be considered as the correct answer.