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Franklin Otis Booth Jr.

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and operated several businesses before trying his hand at citrus farming and raising livestock. Booth Ranches (brand name Otis Orchards) in the San Joaquin Valley consists of 9,000 acres (36 km) of orange groves, two citrus packinghouses and a cattle ranch.
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in 1963. Booth's early decision to invest with Buffett left him with shares in Berkshire Hathaway amounting to a 1.4% stake in the company. Booth was a billionaire and one of the largest investors in the company, according to a 2005
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in 1944 and then served two years in the U.S. Naval Reserve. After his discharge he earned a master's degree in business administration and a graduate degree in engineering in 1948, both from
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During the 1950s, Booth was responsible for overseeing the printing of the newspaper. In 1968 he was named corporate vice president of
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Booth was born September 28, 1923, in Pasadena, where he spent his youth. By age 16 he was a student at the
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He died June 15, 2008, in his home in Los Angeles from complications of ALS, also known as
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and quadrupled their money. It was Munger who introduced Booth to
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overlapped with that of his second cousin and close friend,
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Over the years, Booth donated to many causes including the
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in charge of forest products and commercial printing.
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Booth began investing in real estate with his friend
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Index

Franklin Otis Booth, Jr.

verification
improve this article
adding citations to reliable sources
"Franklin Otis Booth Jr."
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
Pasadena, California
Los Angeles, California
Stanford University
California Institute of Technology
Los Angeles Times
Berkshire Hathaway
Los Angeles Times
Berkshire Hathaway
Harrison Gray Otis
Times Mirror Corporation
Otis Chandler
Charles Munger
Pasadena
Warren Buffett
Forbes
California Institute of Technology
electrical engineering
Stanford University

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