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Kansas welder's $94K Berkshire Hathaway bet in 1980 grew to $3B by 2026, showcasing rare long-term investing success.

Market News
26 Sep 2026
24/7 Wall Street
View Source
Bullish
Kansas welder's $94K Berkshire Hathaway bet in 1980 grew to $3B by 2026, showcasing rare long-term investing success.

In 1980, Stewart Horejsi, running a welding supply business in Kansas, invested about $94,300 in Berkshire Hathaway shares after reading about Warren Buffett in a book. Over four decades, his initial stake grew substantially, making him a billionaire by 2013 and reaching a $3 billion net worth by 2023. Horejsi held onto 4,300 Class A shares since 1998, benefiting from Berkshire's strong stock performance with an average annual return of about 19%. His story highlights the power of patient, concentrated investing and long-term commitment to quality stocks.

IBM shares trade at USD 225.51 on Pluang as of Sep 26, 2026 23:41 WIB, down 0.68% in the past day. While the article highlights a long-term investment success story with Berkshire Hathaway, IBM currently shows a dividend yield of 3% and a market cap of $212.46 billion. Pluang users show strong buying interest with 80% buy orders, reflecting ongoing confidence in technology stocks despite recent price dips.

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