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24 mind-blowing facts about Warren Buffett and his $84.7 billion fortune

Business Insider Logo By Tanza Loudenback of Business Insider | Slide 1 of 25: Warren Buffett, the chairman and CEO of Berkshire Hathaway, has a  net worth of $84.7 billion.Buffett is a generous philanthropist having given away more than $27 billion in the last decade. The billionaire is known for his frugal habits, like his daily McDonald's breakfast and insistence on using a flip phone. With a net worth of $84.7 billion, "The Oracle of Omaha" is currently the third-richest person in the world - but he doesn't act like it. His modest home in Nebraska is  worth just .001% of his total wealth and he  never spends more than $3.17 on his daily McDonald's breakfast. To those who knew him from the beginning, Buffett's success comes as no surprise: He was  picking out stocks at 11 years old and had amassed the equivalent of $53,000 in today's dollars  by the time he was 16. But Buffett isn't just a master at making money - he's good at giving it away, too. Although he  didn't start donating until later in life at the insistence of his first wife, Buffett is now regarded as one of the most generous philanthropists in the world,  giving more than $27 billion to causes in the last decade. Inspired by  a Quora thread asking "What are some mind-blowing facts about Warren Buffett," we rounded up 24 astonishing facts about the legendary investor and his massive fortune.

With a net worth of $84.7 billion, "The Oracle of Omaha" is the third-richest person in the world, but he doesn't act like it.

His modest home in Nebraska is worth just .001% of his total wealth and he never spends more than $3.17 on his daily McDonald's breakfast.

To those who knew him from the beginning, Buffett's success comes as no surprise: He was picking out stocks at 11 years old and had amassed the equivalent of $53,000 in today's dollars by the time he was 16.

But Buffett isn't just a master at making money -- he's good at giving it away, too. Although he didn't start donating until later in life at the insistence of his first wife, Buffett is now regarded as one of the most generous philanthropists in the world, giving more than $27 billion to causes in the last decade.

Inspired by a Quora thread asking "What are some mind-blowing facts about Warren Buffett," we rounded up 24 astonishing facts about the legendary investor and his massive fortune.

Click ahead to learn more about the world's most famous investor.

© AP Photo/Nati Harnik

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