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A $50,000 investment with Warren Buffett in 1961 grew to over $750 million by the 1990s.

Market News
11 Oct 2026
24/7 Wall Street
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Bullish
A $50,000 investment with Warren Buffett in 1961 grew to over $750 million by the 1990s.

In 1961, Donald and Mildred Othmer invested $25,000 each with Warren Buffett, a family friend. Over decades, their shares in Berkshire Hathaway grew from an initial value of about $609,000 in 1970 to a combined estate worth more than $750 million by the late 1990s. The couple lived modestly and never touched the investment, which significantly outperformed the broader market. Most of their fortune was donated to various charities and institutions, leaving a lasting philanthropic legacy. This story highlights the power of long-term investing and patience under Buffett's management.

The story of Donald and Mildred Othmer's investment with Warren Buffett provides context for today's Financials sector on Pluang. As of Oct 11, 2026 22:41 WIB, 59 of 118 Financials stocks rose and 58 fell. Notable movers include CRCL at USD 84.51 (+4.54%), COIN at USD 179.39 (+4.30%), and LU at USD 0.98 (+3.55%).

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