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Time of India
16-05-2025
- Business
- Time of India
98% of Warren Buffett's wealth came after he turned 65; here's the secret of the Oracle of Omaha
At 94 years of age, billionaire investor Warren Buffett is living proof of the power of patience, discipline, and compounding returns. The data provided by Peter Mallouk, president and CEO of Creative Planning, showed that almost 98% of Buffett's current was accumulated after the age of 65, as per a report. Warren Buffett's Wealth Built Through Time Mallouk revealed that the Oracle of Omaha 's net worth stood at just $3 billion nearly 34 years ago when he was 65 years old, according to Benzinga. Buffett's wealth has compounded by about 5,233% from that time to $160 billion as of May 14, as per the report. Now, the investor's net worth is $160 billion, as per Bloomberg's Billionaire Index. This reflects that the investor earned 98% of his wealth after 65 years of age, as per Benzinga. GIF89a����!�,D; Continue to video 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nagelpilz? Dieses Gerät war mal teuer – jetzt fast geschenkt PODOclear Undo ALSO READ: Want to attend concerts for just $30? Here's how to grab Live Nation's summer deal! Magic of Compound Interest While revealing this data, Mallouk also quoted Buffett, who emphasized that the growth in his wealth was possible through the power of compounding, reported Benzinga. Live Events Buffett has previously shared that, 'My life has been a product of compound interest ,' as quoted in the report. He has invested through Berkshire Hathaway and has placed significant bets in Apple, American Express, Bank of America, and Coca-Cola, according to Benzinga. ALSO READ: $300 million bet? TikTok-connected startup with zero revenue and China links eyes massive stake in Donald Trump's memecoin Leadership Transition at Berkshire Hathaway In the latest shareholders' meeting of the company, Buffett announced that he would be stepping down as the CEO of Berkshire Hathaway. He also named the present vice chairman Greg Abel to become the CEO starting January 1, 2026, according to reports. FAQs How much of Buffett's wealth came after age 65? Nearly 98% of Buffett's wealth was accumulated after he turned 65. What investment strategy did Buffett use to grow his wealth? Buffett relied on the power of compound interest to grow his wealth, as per Benzinga.
Time of India
15-05-2025
- Entertainment
- Time of India
Want to attend concerts for just $30? Here's how to grab Live Nation's summer deal!
Affordable Concerts Across the US and Canada A Wide Range of Genres When and Where to Get Tickets Live Events Artists Performing in the '$30 Ticket to Summer' \\$uicideboy\\$ Goo Goo Dolls Pantera Avril Lavigne Halsey Papa Roach & Rise Against Barenaked Ladies Hardy Peach Pit & Briston Maroney Big Time Rush Hauser Pierce the Veil Billy Idol James Taylor Rod Stewart The Black Keys Keith Urban Simple Minds Cody Jinks Kesha Slightly Stoopid Coheed and Cambria Kidz Bop Kids Styx & Kevin Cronin Band Counting Crows Leon Bridges Summer of Loud Cyndi Lauper Little Big Town Tedeschi Trucks Band Dierks Bentley +LIVE+ & Collective Soul Thomas Rhett Dispatch Luke Bryan Toto + Christopher Cross + Men at Work The Doobie Brothers Nelly Volbeat The Driver Era The Offspring Weird Al Yankovic Willie Nelson FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Live Nation is making live music more affordable this summer with a new offer that gives fans the opportunity to attend concerts for only $30, as per a to News9, the company's $30 Ticket to Summer offer includes access to more than 1,000 shows at select amphitheatres across the United States and Canada during the 2025 concert season , as per the discounted tickets would be available for a broad range of genres such as pop, Latin, hip-hop, country, R&B, rock, metal, electronic, comedy, and more, according to READ: $300 million bet? TikTok-connected startup with zero revenue and China links eyes massive stake in Donald Trump's memecoin The sale for the general public would start on Wednesday, May 21 at 10 a.m. local time at T-Mobile and Rakuten users will receive early access starting on Tuesday, May 20 at 10 a.m. ET, lasting through 11:59 p.m. local time that evening, as per Live Nation also mentioned that the tickets purchased through this offer include all fees upfront in the $30 cost, but taxes will be added at checkout as applicable to each city, state, and venue, reported READ: U.S. banks sitting on $500 billion in unrealized losses as stagflation fears raise alarms of a repeat of Silicon Valley Bank-like collapse Here are some of the performing artists:It's a Live Nation promotion offering concert tickets for $30, excluding it from
