Quora Answer: How Long Did it Take Warren Edward Buffett to Become a Millionaire?

The following is my answer to a Quora question: “How long did it take for Warren Edward Buffett to become a millionaire?”

There is a documentary about it, in addition to several books. Warren Edward Buffet is said to have made his first million by age 30.  However, we must remember that Warren did not start out broke.  His father was Howard Homan Buffett, a four-term Republican who represented Nebraska, an investor, and a wealthy man in his own right.

This is not to discount Warren.  He took the cards he was dealt with and did well with it.  We respect that. But we must remember that he had some inherent advantages that others may not have.  We have to understand that wealth is also a matter of circumstance, in addition to our own qualities.  There are lessons to learn in how he became so wealthy, but how fast he did it is not one of them.