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Digital Subscriptions > Learn Hot English > 178 > Billionaire Boys’ Club

Billionaire Boys’ Club

IMAGINE YOU HAD A THOUSAND DOLLARS. OR MAYBE A MILLION DOLLARS. HOW WOULD YOU SPEND IT? MAYBE YOU WOULD BUY A HOUSE OR A DIAMOND NECKLACE. BUT WHAT IF YOU HAD A BILLION DOLLARS? WHAT WOULD YOU DO WITH THAT? YOU WOULD HAVE TO ASK THESE FOUR BUSINESSMEN, WHO ARE SOME OF THE RICHEST PEOPLE IN THE WORLD.

Some of the richest people in the world. By Jessica Kirk

Warren Buffett

Born on 30th August 1930 in Omaha, Nebraska, United States.

Warren Buffett is the second richest person in the world, with an estimated personal fortune of over $73 billion. His canny business sense has earned Buffett the nickname “The Oracle of Omaha”.

Buffet started from the bottom, but eventually climbed his way up the corporate ladder. He originally worked as a stockbroker before joining an investment company owned by Benjamin Graham, a securities analyst and Buffett’s former tutor. Buffett then went on to create “Buffett Partnership Ltd”, an investment partnership. This company continued to grow year by year, until, in 1965, Buffett took over the textile firm Berkshire Hathaway. He expanded the firm into the insurance industry, and used it as an opportunity to finance other investments. Today Buffett holds shares in well-known companies such as “Coca-Cola”, “American Express”, and “Proctor & Gamble” amongst others.

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About Learn Hot English

The latest issue of Hot English (178 – the March issue) is out now! Learn over 300 useful words and expressions and improve your listening skills with Learn Hot English! This month: Improve your spoken English! Learn 12 useful expressions for responding to comments + 10 “money” words, 8 useful maths terms, 16 words to use to describe films, 10 expressions for describing an object, 20 “furniture” words... plus: • Quiz – are you greedy? • Food – unusual restaurants • Grammar – the use of the word “like” • Books – Twilight book review • Cinema – a film extract from Dead Poets Society • Finance – famous billionaires • History – the Great Depression • Celebrities – Paris Hilton versus Naomi Campbell • Culture – an Indian festival • Entertainment – learn how to play poker • Crime – the Ponzi Scheme • Phone English – ordering something by phone • Language – the second English language: Globish • Money – some great money quotes • The environment – the rise of the Scuppie • Education – classroom phrasal verbs AND LOTS, LOTS MORE! By reading and listening to all this great content, you'll improve your English reading and listening skills and learn up to 300 useful words or expressions. Plus, you'll get a better job and pass English-language exams more easily. Guaranteed!
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