Warren Buffett has been incredibly successful, and he's extremely wealthy. In fact, he's worth about $62.1 billion right now. But how much is $62.1 billion really, and how good is Buffett at investing? We've put together some facts that put his skill in perspective:
Ninety-nine percent of Buffett's wealth was earned after his 50th birthday.
When Buffett was 52, his net worth was about $376 million. Plus, he made about 94% of his wealth after turning 60. At 59, he was worth "only" $3.8 billion.
Talk about long-term investment strategies.
Source: Value Walk
Berkshire's Book Value beat the S&P 500 in 43 out of 46 years on a five-year rolling-average basis.
This chart shows the five-year moving-average annual price returns for Berkshire's stock and the S&P 500 since Buffett's takeover. Since 1999, although Buffett has still tended to beat the market, it has been by a more modest amount than in the past.
Source: Business Insider
Among legends, Buffett has the longest track record for beating the market.
This chart compares investors with the S&P 500 over time. Buffett's outperformance has lasted longer than that of other great investors.
Source: Business Insider
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