
Long before becoming the “Oracle of Omaha,” six-year-old Warren Buffett was an entrepreneur selling sticks of gum and Coca-Cola to earn money.
By the time Buffett turned 11 years old, he opened his first position paying $114.75 for Cities Service, a natural gas company founded in 1910. The company no longer exists, as it was purchased by Occidental Petroleum (NYSE:OXY) in 1982.