Buffett: Luck, not genius, built my $147B fortune

Warren Buffett, renowned investor and "Oracle of Omaha," revealed that luck played a more significant role in his $147 billion success than intelligence or hard work. He credits being born in the United States with providing him substantial advantages, a concept he calls the "ovarian lottery."

Buffett also highlighted that his longevity allowed his wealth to compound significantly over nearly nine decades. His father's career as a stockbroker exposed him to investing early, a pivotal moment he considers fortunate.

In a notable philanthropic change, Buffett has ended his long-standing donation partnership with the Bill & Melinda Gates Foundation. He is now directing his wealth to organizations connected to his family.

Buffett anticipates that the majority of his fortune will be distributed by December 31, 2034. His enduring legacy emphasizes a combination of hard work, timing, opportunity, and sheer luck.