Stewart Horejsi's story is a remarkable example of how early investment and strategic management can lead to immense wealth. Born in the United States, he is not just a businessman but a symbol of financial acumen. With a net worth of $1.1 billion, Horejsi is known for his savvy decisions, particularly his early investment in Berkshire Hathaway's Class A stock.
In 1980, Horejsi began purchasing shares at just $265 each. This was a critical moment that would shape his financial future. By leveraging his investments wisely, he built a substantial fortune while also managing his family's welding supply business after graduating from the University of Kansas in 1962.
Today, Stewart Horejsi's financial portfolio is impressive. His 4,300 Class A shares of Berkshire Hathaway are worth nearly $750 million, surpassing even Bill Gates' stake. Through his money management firm, Boulder Investment Advisers, LLC, he controls four closed-end stock funds that not only invest in Berkshire shares but also have stakes in notable companies like Wells Fargo, IBM, and Walmart.
| Category | Richest Business › Richest Billionaires |
|---|---|
| Net Worth | $1.1 Billion |
| Education | University of Kansas, Graduated in 1962 |
| Residence | Phoenix, Arizona |
| Family | Married with two children |
What You Will Learn
- The strategic importance of early investments in high-potential stocks.
- How Horejsi transitioned from a family business to a billionaire investor.
- The significance of managing a diversified investment portfolio.
- Insights into wealth management through successful fund control.
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