19-05-2025
- Business
- South China Morning Post
Meet billionaire Warren Buffett's musician son Peter Buffett: the Stanford dropout scored a scene in Dances with Wolves, penned a book – and co-founded the NoVo foundation with his wife
Ninety-four-year-old billionaire Warren Buffett – CEO of Berkshire Hathaway and the sixth richest man in the world – just announced that he is finally stepping down from his company after 55 years. The world famous investor admitted to the Wall Street Journal last week that he's been slowing down in his old age, and has been forgetting names and struggling to be able to read newspapers clearly.
'I didn't really start getting old, for some strange reason, until I was about 90, but when you start getting old, it does become – it's irreversible,' he said.
Just last year, the so-called Oracle of Omaha announced that his fortune would go to a charitable trust after his death, which his children – Susie, 71, Howard, 70, and Peter, 67 –will all be in charge of.
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The Buffett siblings have also been tasked with donating the entirety of his fortune – around US$150 billion – to charities of their choice within 10 years.
The children of billionaire Warren Buffett: Howard Buffett, Susie Buffett and Peter Buffett, in 2015. Photo: AP Photo
And while Buffett senior is almost universally well-loved, his youngest son, Peter, has caused controversy in recent months for his transformation of the town of Kingston in New York, with some accusing him of contributing to gentrification in the area.
Here's what we know about Peter Buffett, who just turned 67:
He's a musician and author
Musician and philanthropist Peter Buffett rehearses his performance at Hyatt Hotel in Sha Tin, Hong Kong, in 2009. Photo: Edward Wong
At 19, Peter Buffett got an inheritance of US$90,000 in stock, cashed it in, dropped out of Stanford University and moved into a San Francisco flat to focus on his music career, per NPR. He started by making tunes for MTV and commercial music before releasing his first album, The Waiting, in 1987. He got his big break when he scored the fire dance scene in the Oscar-winning film Dances with Wolves (1990).
