Warren Buffett
Warren Buffett is the most celebrated investor of all times. The investor's track record is unparalleled.
He started at the age of 20 when he purchased a Sinclair Texaco gas station as a side investment. In 1962, Buffett became a millionaire because of extensive profits from his partnerships. He then invested and later took control of the textile manufacturing firm, Berkshire Hathaway.
From 1965 to 2017, Berkshire Hathaway's rising market value generated a 20.9% annual return compared with the S&P 500's 9.9%, resulting in a cumulative gain of 2,404,748% versus the market's 15,508% return.
Then he diverted his attention towards the insurance sector. In 1988, Buffett started buying shares of The Coca-Cola Company and eventually ended up owning 7% of stake for nearly $1.02 billion. At present, he owns $18.35 billion worth stake in The Coca-Cola Company alone.
Berkshire Hathaway is set to pick up a stake in Paytm. The two companies have been discussing an investment of about $360 million that would value Paytm at around $10 billion.