Howard sits on the Berkshire Hathaway board, but considers himself a farmer at heart.
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SUSIE GHARIB: Warren Buffett is a savvy investor, businessman and the chairman and CEO of the Berkshire Hathaway Company. But this week, we’ll show you a personal side of Buffett from the people who know him best, his three adult children. I recently met with Susie (ph), Howard and Peter Buffett and talked with them about growing up with Warren Buffett and what they’ve learned from their billionaire father about money, business and charity. Buffett has given each of his kids more than a billion dollars to fund their own foundations. As we kick off our series “Meet the Buffetts,” we introduce you tonight to Howard Buffett, Warren’s middle child.
I’ve been waiting more than 30 years to say this: “Dad, I always told you I’d come back and get my degree.”
I want to thank Harvard for this timely honor. I’ll be changing my job next year… and it will be nice to finally have a college degree on my resume.
I applaud the graduates today for taking a much more direct route to your degrees. For my part, I’m just happy that the Crimson has called me “Harvard’s most successful dropout.” I guess that makes me valedictorian of my own special class… I did the best of everyone who failed.
But I also want to be recognized as the guy who got Steve Ballmer to drop out of business school. I’m a bad influence. That’s why I was invited to speak at your graduation. If I had spoken at your orientation, fewer of you might be here today. (more…)
Thomas “Tom” Murphy (Capital Cities/ABC), HBS 1949, joined a small television station in upstate New York after graduating from HBS. Over several decades, and as a result of many brilliantly crafted deals, he gradually built the telecommunications empire Capital Cities. In 1985, Tom engineered the purchase of ABC with the backing of his long-time friend Warren Buffett, and the company became Cap Cities/ABC. Ten years later, Tom sold Cap Cities/ABC to Disney for about $19 billion. He described his experiences in an interview from his Manhattan office at ABC in December 2000.