Susan Thompson Buffet

Executive / Other Executive
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About

Susan Thompson Buffett, born on June 15, 1932, in Omaha, Nebraska, was an American activist known for her unwavering commitment to civil rights, abortion rights, and birth control. A significant figure in philanthropy, she played a pivotal role in various causes and left an enduring impact on society. Susan was the first wife of renowned investor Warren Buffett, and her legacy extends beyond her role in the Buffett family.

Susan graduated from Omaha Central High School and went on to attend Northwestern University. Born to William Hertzog Thompson, a minister, psychologist, and dean at the University of Nebraska-Omaha, Susan’s upbringing instilled in her a sense of social responsibility and activism.

In 1952, Susan married Warren Buffett at the Dundee Presbyterian Church in Omaha. Their union resulted in three children: Susan Alice Buffett, Howard Graham Buffett, and Peter Buffett. Despite allegations and challenges in her marriage, Susan remained an integral part of the Buffett family, contributing not only as a mother but also as an influential activist.

A director of Berkshire Hathaway, Susan owned 2.2 percent of the company, valued at approximately $3 billion at the time of her death, making her one of the world’s wealthiest individuals. As the president of the Buffett Foundation, she channeled her wealth into significant contributions to educational groups, medical research, family planning organizations, and various charities.

Susan’s life took an unexpected turn when she pursued a singing career in the early 1970s. Encouraged by songwriter/musician Neil Sedaka, she left her husband temporarily to pursue her passion. Despite challenges in their marriage, Warren supported her endeavors.

In 1978, Susan introduced Warren Buffett to Astrid Menks, who would later become his wife after Susan’s passing. The unique dynamics of their relationship were notable, as the Buffetts continued to attend public functions together and signed Christmas cards as a trio.

In addition to her philanthropic work, Susan A. Buffett held key positions on the board of Berkshire Hathaway, Inc., serving as a Director/Board Member since October 19, 2021. She also served as the Chairman of both The Susan Thompson Buffett Foundation and the Sherwood Foundation.

Susan’s financial acumen is reflected in her known holdings in public companies, including Berkshire Hathaway Inc. Class B and Class A shares. As of December 30, 2023, she held 4,378,644 Class B shares, amounting to 0.33% of the company, with a valuation of $1.562 billion. Additionally, she held 80 Class A shares, constituting 0.01% of the company, valued at $43 million.

Despite facing oral cancer, Susan attended the annual shareholders’ meeting of Berkshire Hathaway in May 2004, displaying resilience and leading a singalong. Tragically, Susan Thompson Buffett passed away at the age of 72 after suffering a cerebral hemorrhage during the summer of 2004 in Cody, Wyoming. Her funeral, attended by family and friends, featured a performance by Bono. Warren Buffett, grief-stricken, did not attend. Susan’s legacy lives on through her charitable contributions, with approximately $50 million allocated to her children’s charity and substantial sums left to friends and employees. The majority of her Berkshire Hathaway shares were designated to a foundation that now bears her name, ensuring her impact endures in the realms of activism and philanthropy.

 

Personal Details

Title: Ms
Surname: Buffet
DoB: 15/06/1932
Age: 94 years
M/F: Female
Nationality: American
Country of Birth: United States of America
Language: English
Qualification: Not Available
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

 

Working history

 

Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
Berkshire Hathaway IncBoardMember

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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