Stewart Horejsi & family
$4.1B
Born
Sep 19, 1937
Age
88
Source of Wealth
Berkshire Hathaway
Residence
Phoenix, Arizona
Citizenship
United States
Marital Status
Divorced
Children
2
Education
- Stewart Horejsi began buying stock in Berkshire Hathaway for as little as $265 per share after reading John Train's "The Money Masters" in 1980.
- He attended annual meetings when they were fewer than a dozen people in folding chairs; now Berkshire's class A stock is one of the world's most valuable.
- After graduating from the University of Kansas in 1962, Horejsi returned home to Salina, Kansas to take over his family's welding supply company.
- He expanded the business, investing profits in Berkshire Hathaway stock, and has spent much of his life managing his family's money.
- Horejsi (pronounced hor-ish) still owns some Berkshire shares, but has also put hundreds of millions of dollars into his own closed-end mutual fund.
- Horejsi splits his time between homes in Arizona, Oregon and Barbados, where he purchased an 18th-century plantation home once owned by actress Claudette Colbert.
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