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Warren Buffett's tax journey: from $7 at age 14 to Berkshire's $26.8B

Warren Buffett's tax journey began at age 14 with a $7 tax bill on $592.50 earned from delivering newspapers. Decades later, his company Berkshire Hathaway paid a record $26.8 billion in taxes in 2024. Buffett has consistently advocated for higher taxes on the wealthy, viewing his company's past tax avoidance as an "embarrassment." AI

RANK_REASON Article discusses historical tax filings and personal opinions on taxation, not a new event.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Warren Buffett's tax journey: from $7 at age 14 to Berkshire's $26.8B

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sydney Lake ·

    Warren Buffett’s first tax bill at age 14 was $7. Now Berkshire Hathaway’s is almost $27 billion—and he still says the rich don’t pay enough

    That’s a far cry from the $26.8 billion Buffett said his company, Berkshire Hathaway, paid in 2024 taxes.