A look at the life of the Berkshire Hathaway chairman, who is widely respected for his business smarts and investing acumen.
Warren Buffett, sometimes called the "Oracle of Omaha," is the third-richest man in the world, with a fortune that Forbes magazine estimates is worth about $50 billion. He leads Berkshire Hathaway, a holdings company valued at about $211 billion in March 2011. Here, the financier is flanked by Bill Gates and another Berkshire Hathaway executive. They join BYD Chairman Wang Chuanfu at the unveiling of BYD's new vehicle in Beijing in 2010. Buffett is a major shareholder in the Chinese company. Andy Wong/AP