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He lives in the same house in the central Dundee neighborhood of Omaha that he bought in 1958 for $31,500, today valued at around $700,000. In 2007, he was listed among Time's 100 Most Influential People in The World. In 2006, he announced a plan to give away his fortune to charity, with 83% of it going to the Bill & Melinda Gates Foundation.Often called the "Oracle of Omaha," Buffett is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. His 2006 annual salary was about $100,000, which is small compared to senior executive remuneration in other comparable companies.7 million of Berkshire's funds on a business jet in 1989, he jokingly named it "The Indefensible" because of his past criticisms of such purchases by other CEOs. He is regarded as one of the world's greatest investors and is the largest shareholder and CEO of Berkshire Hathaway.. With an estimated net worth of around US$62 billion, he was ranked by Forbes as the richest person in the world as of February 11, 2008.Buffett is also a noted philanthropist. He also serves as a member of the board of trustees at Grinnell College. When he spent $9. Warren Edward Buffett (bornSome more useful information on american currency exchange express day trading stock online
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