Peter Buffett Net Worth - All You Need to Know About Warren Buffett's Youngest Son
by Aishwarya R
Updated Oct 08, 2024
Peter Buffett Net Worth
Peter Buffett's Net Worth is worth millions of dollars. His exact net worth is not known. He is the youngest son of billionaire investor Warren Buffett and had a unique financial journey. When he turned 19 in 1977, he inherited $90,000 worth of stock from his father's company, Berkshire Hathaway. Today, that amount would be worth around $450,000. Instead of keeping the stock, Peter sold it all to pursue his passion for music, which led him to drop out of Stanford University.
Over the years, Peter built a successful career as a musician, releasing over a dozen albums and contributing to film scores, including the award-winning music for the movie Dances with Wolves. Despite his impressive career, he didn't become a billionaire like his father. If he had kept the Berkshire Hathaway stock, it would be worth roughly $400 million today.
Peter has said that he has no regrets about his choices. He values the life he has built for himself, even though he has faced financial struggles at times, such as dealing with debt and mortgages. He believes that his success is a result of his own efforts, not just his father's wealth.
In addition to his music career, Peter and his wife Jennifer co-founded the NoVo Foundation, which focuses on empowering girls and women around the world. Interestingly, Peter does not take a salary from the foundation, reflecting his commitment to philanthropy. While Peter Buffett's net worth today is not in the hundreds of millions, he has created a fulfilling life based on his passions and values, rather than relying on his father's fortune.
Who is Peter Buffett?
Peter Buffett is an American musician, composer, author, and philanthropist. He has been active in his career for over 30 years and has won a Regional Emmy Award. He is also a New York Times best-selling author and serves as the co-chair of the NoVo Foundation, which focuses on helping young girls and women around the world.
Name | Peter Buffett |
Gender | Male |
Profession | Musician, author, philanthropist |
Date of Birth | May 4, 1958 |
Place of Birth | Omaha, Nebraska, USA |
Age | 66 years (as of 2024) |
Nationality | American |
Parents | Warren Buffett, Susan Thompson Buffett |
Wife Name | Jennifer Buffett |
Children | 2 |
Peter Buffett Career
Peter Buffett began his music career in the early 1980s after dropping out of Stanford University. He used his inheritance to pursue music, recording and producing albums for local artists. His big break came when he created ad tunes for MTV, which became very popular.
He later transitioned to composing music for movies, scoring the "Fire Dance" scene in Dances with Wolves, which won an Academy Award. Buffett released several albums, including The Waiting and Spirit Dance, and earned a Chicago/Midwest Emmy Award for his work on the documentary Wisconsin: An American Portrait. He also created a successful PBS special called Spirit – A Journey in Dance Drums and Song.
In 2006, Peter Buffett released his first vocal album, Gold Star, followed by Staring at the Sun in 2007 and Imaginary Kingdom in 2008 on his own label, BeSide Records. He started releasing exclusive singles in 2009 and has put out over 25 since then, including a USB compilation album called Running Blind in 2011.
Peter collaborated with artists like Akon and Angélique Kidjo on songs focused on human rights. In 2013, he released "Already Flown," which inspired his New York Times op-ed discussing philanthropy. He tours the world giving talks about defining one's own path and values. His book, Life Is What You Make It, has sold over half a million copies and has been praised by many influential figures.
Peter Buffett Parents
Peter Buffett is the son of Warren Buffett, a well-known American businessman and investor, and Susan Thompson Buffett. Warren Buffett, born on August 30, 1930, is the chairman and CEO of Berkshire Hathaway and is recognized as one of the world’s most successful investors. Susan, Peter’s mother, was a supportive figure in Warren’s life and also had her own interests, including a singing career.
Warren and Susan married in 1952 and gave birth to Peter Buffett along with other two children but they began living separately in 1977, although they remained married until Susan died in 2004. Peter has a sister named Susan, who is involved in charitable work in Omaha through the Susan A. Buffett Foundation. After Susan's passing, Warren married his longtime companion, Astrid Menks, in 2006.
Peter Buffett Father's Net Worth
Peter Buffett Father's Warren Buffett is around $140 billion and more. Warren Buffett is an American businessman and investor. He is the chairman and CEO of Berkshire Hathaway, a large holding company.
Buffett became famous for his successful investment strategies, particularly value investing, which he learned from his mentor, Benjamin Graham. He is known for being very frugal despite his enormous wealth, and he plans to give away 99% of his fortune to charity, mainly through the Bill & Melinda Gates Foundation. Buffett also co-founded the Giving Pledge, encouraging billionaires to donate at least half of their wealth.
Peter Buffett Siblings
Peter Buffett has two siblings: Susan Alice Buffett and Howard Graham Buffett.
Susan Alice Buffett
Susan was born in 1953 and is a philanthropist. She focuses her charitable work on organizations like the Sherwood Foundation and the Buffett Early Childhood Fund, which support education and social justice for children from low-income families. She was married twice, first to Allen Greenberg from 1983 to 1995 and then to John Foley.
Howard Graham Buffett
Howard was born on December 16, 1954. He is a businessman, former politician, and philanthropist. He started farming in Nebraska in 1977 and has a strong interest in conservation agriculture. Howard has been married twice and has a son named Howard Warren Buffett, born in 1983. He manages a family farm in Illinois and several research farms in other locations.
Peter Buffett Wife and Children
Peter Buffett was first married to Mary Buffett for 12 years, but they divorced in 1993. When they got married, Mary had twin daughters, Erica and Nicole, from a previous relationship. Peter adopted the girls after their marriage. In June 1996, Peter married Jennifer Buffett. Together, they have built a family and are involved in various charitable activities.
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