Investing guru Warren Buffett became a billionaire at age 56, a milestone he achieved through patience and a deep understanding of the power of compounding. His success story is a testament to the principle that time, rather than just intelligence or quick gains, is a crucial factor in building substantial wealth. Buffett’s journey to becoming a billionaire is remarkable, considering that he accumulated 99% of his net worth after turning 50. His early life set the foundation for his future achie