#1039

Stewart Horejsi & family

United States 88 years old Self-Made

Overview

Source of Wealth
Berkshire Hathaway
Residence
Phoenix, Arizona
Marital Status
Divorced
Children
2

Assets

  • Berkshire Hathaway Inc. (Cl A)
    3,834 shares @ -
    -
    BRK.A-US
  • SRH Total Return Fund
    45,384,000 shares @ -
    -
    STEW-US

Biography

Stewart Horejsi began buying stock in Berkshire Hathaway for as little as $265 per share after reading John Train's "The Money Masters" in 1980.

He attended annual meetings when they were fewer than a dozen people in folding chairs; now Berkshire's class A stock is one of the world's most valuable.

After graduating from the University of Kansas in 1962, Horejsi returned home to Salina, Kansas to take over his family's welding supply company.

He expanded the business, investing profits in Berkshire Hathaway stock, and has spent much of his life managing his family's money.

Horejsi (pronounced hor-ish) still owns some Berkshire shares, but has also put hundreds of millions of dollars into his own closed-end mutual fund.

About

Horejsi splits his time between homes in Arizona, Oregon and Barbados, where he purchased an 18th-century plantation home once owned by actress Claudette Colbert.