Warren Buffett announced earlier this month that he would retire as CEO of Berkshire Hathaway by the end of the year. The multinational conglomerate, which he acquired in 1965 when it was a textile mill, became the first non-technology company to reach a $1 trillion market cap. At age 94, Buffett is the fifth-wealthiest person in the world.

We can learn a lot a lot about economics, politics, philanthropy, taxes and tariffs from “the Oracle of Omaha.”

Born in 1930, Buffett is an American success story. He began making money selling chewing gum, old golf balls, stamps, calendars, newspapers and magazines door-to-door before he was a teenager. At age 14, he filed his first tax return, taking a $35 deduction for his bicycle. By the 1950s, he was acquiring a reputation as one of the nation’s premier “

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