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Wife of Billionaire Investor Warren Buffett Dies of Stroke; Was Berkshire Hathaway Director
AP ^ | 7-29-04 | Joe Ruff

Posted on 07/29/2004 5:56:09 PM PDT by Indy Pendance

OMAHA, Neb. (AP) - Susan T. Buffett, the wife of billionaire investor Warren Buffett, died Thursday of a stroke at age 72, the company said.

Buffett, chairman of Berkshire Hathaway and a hugely influential investor, was with his wife when she died in Cody, Wyo., where they were visiting friends, the company said. She had been admitted to West Park Hospital in Cody the night before, a hospital spokeswoman said.

Susan Buffett, a Berkshire director, was listed this year by Forbes magazine as the 60th richest American, with a personal net worth of $3.1 billion.

Though the Buffetts had lived separately for many years, she had also stood to inherit her husband's fortune. Warren Buffett, second only to Bill Gates on the Forbes world wealth list, had said his Berkshire stock, valued at about $42.9 billion, would go to his wife upon his death and then to the Buffett Foundation.

The foundation's secretary, Allen Greenberg, said Susan Buffett's legacy will be her work as a champion of civil rights, reproductive health and AIDS awareness.

"She will be remembered by all who knew her as a quiet humanitarian whose voice spoke for disadvantaged women around the world," he said in a statement.

Gates called her "a great woman who was a significant source of strength for everyone who knew her."

She had been treated last fall for mouth cancer, and doctors had said she was doing well following the surgery and radiation therapy.

It was announced last week that the couple donated $6 million to five California medical specialists who coordinated her treatment.

Buffett and his wife married in 1952. After they separated, she spent much of her time in San Francisco, but they often traveled and spent time together. The Buffetts had three children.

Warren Buffett took $100 from his own pocket in 1956 and turned it into a multibillion-dollar company. He built his empire on a simple business philosophy of investing in brand-name companies that he understands, including Dairy Queen and Coca-Cola Co.


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Nebraska
KEYWORDS: billionaires; buffettfoundation; obituary; stbfoundation; susanbuffett; warrenbuffett
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1 posted on 07/29/2004 5:56:11 PM PDT by Indy Pendance
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To: Indy Pendance
Was she able to take it with her?
2 posted on 07/29/2004 6:00:12 PM PDT by RedBloodedAmerican
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To: Indy Pendance
So sad to hear of her death.

...champion of civil rights

Cool...

, reproductive health

Cool (if that doesn't include baby killing)

and AIDS awareness.

Cool (if that means teaching people to stop sticking things (needles, penises, etc.) where they don't belong.

3 posted on 07/29/2004 6:00:43 PM PDT by krb
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To: RedBloodedAmerican

I'll take it if she can't.


4 posted on 07/29/2004 6:01:11 PM PDT by Indy Pendance
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To: Indy Pendance

I wonder if right now she's explaining to God her "noble" cause of global population control. I'll bet she's a pro-lifer now.


5 posted on 07/29/2004 6:08:06 PM PDT by ChocChipCookie (Born conservative. Born again by the grace of God.)
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To: Indy Pendance

Well darn, she was next on Kerry's list of people to marry.


6 posted on 07/29/2004 6:10:39 PM PDT by OldFriend (IF YOU CAN READ THIS, THANK A TEACHER.......AND SINCE IT'S IN ENGLISH, THANK A SOLDIER)
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To: Indy Pendance

Wonder how she attempted to defend her staunch support of Planned Parenthood during her particular judgment.


7 posted on 07/29/2004 6:12:14 PM PDT by A.A. Cunningham
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To: Indy Pendance

That's kind of young. Well, 72 isn't real young. It is interesting what people who can do anything they want actually do.


8 posted on 07/29/2004 6:12:34 PM PDT by RightWhale (Withdraw from the 1967 UN Outer Space Treaty and establish property rights)
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To: ChocChipCookie
Naw, she didn't change, and she didn't get to "talk to God". These folks go straight to "Outer Darkness". They do not pass "Go", nor do they visit "Purgatory", or even "the Demon Realm" so popular in Eastern cosmologies.

It's just a straight shot right on out of the Universe!

9 posted on 07/29/2004 6:12:39 PM PDT by muawiyah
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Comment #10 Removed by Moderator

Comment #11 Removed by Moderator

To: Indy Pendance

Does she have to face all those dead babies before Judgement or after?


12 posted on 07/29/2004 6:29:03 PM PDT by cookcounty (LBJ sent him to VN. Nixon expressed him home. And JfK's too dumb to tell them apart!)
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To: Indy Pendance

He's good at telling the rest of us that we should be taxed and we should like it...we are waiting to see how much he will contribute from his wealth (or his wife's) to decrease the national debt.


13 posted on 07/29/2004 6:32:37 PM PDT by eleni121 (Thank God fo John Ashcroft: Four more years!)
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To: Indy Pendance

Lets just take them on while they are alive, eh?


14 posted on 07/29/2004 7:03:50 PM PDT by Jim_Curtis
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To: Indy Pendance
"Golden boys and girls all must,
Like chimney sweeps,come to dust."

-Shakespeare
15 posted on 07/29/2004 7:04:46 PM PDT by yankeedame ("Born with the gift of laughter & a sense that the world was mad.")
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Comment #16 Removed by Moderator

To: RedBloodedAmerican

Did you see her hearse towing a U-Haul?


17 posted on 07/29/2004 7:35:54 PM PDT by Guillermo (It's the 99% of Mohammedans that make the other 1% look bad)
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To: Papatom
I've read it somewhere that Warren Buffett started with $10K. Sounds more plausible, given the size of brokers' commissions. His major insurance ownership is a rather recent phenomenon, IIRC.
18 posted on 07/29/2004 7:59:24 PM PDT by GSlob
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To: Guillermo

It would have had to have been bigger than a U Haul. More like a couple shipping containers.


19 posted on 07/29/2004 8:37:34 PM PDT by RedBloodedAmerican
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To: Indy Pendance

The Buffett Empire is built on marketing fat, sugar, and abortion.


20 posted on 07/29/2004 8:49:29 PM PDT by Arthur McGowan
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