1962: The Buffett Partnership, which had begun with $105,000, was now worth $7.2 million.

Warren and Susie personally own over $1 million of
the assets. Buffett merges all of the partnerships into one entity
known simply as Buffett Partnerships, Ltd. The operations are moved to
Kiewit plaza, a functional but less-than-grand office, where they
remain to this day. The minimum investment is raised from $25,000 to
$100,000.

Technorati Tags: Warren Buffett, VI, Value Investor, timeline, Great VI, biography