Michael Savone

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Michael Angelo Savone (born September 24, 1978) is an ex semi-pro soccer player turned sophisticated investor and business owner. Savone has appeared on Arizona Midday on September 24, 2007. He is most recently known for starting Sweet Life Gelateria with his brother.

1 Biography
2 Personal life
3 References
4 External Links

[edit] Biography

Born in Trenton, Michigan, Savone was raised in an Italian vintner family, the son of Angelo, who had retired by the time he was 32, turned to investing in his free time. At age two, Michael wouldn't stop playing with his soccer ball and always wanting to be outside to play.

After graduating from Paradise Valley High School in 1996, Savone won his first major title, he started to become interested in the Stock Market and Real Estate. Savone started to invest in such companies as AOL, Exxon, Mobil, Budweiser, Pepsi, Coca-Cola, 3M, Buffet Partners, LP and Buffet Holding, Inc.

At 19, Michael started to travel and play soccer tournaments in Europe and in the United States. While competing, Savone commonly went to see a physician who checked up on whether he was in top physical form.

In 1999, while competing in a soccer tournament in Las Vegas, Savone had acquired a career ending injury to his left ankle and knee.

[edit] Personal life

Savone sees his loss for soccer as influential towards investing and his life:"...if I hadn't been injured, I wouldn't be where I am now. It forced me to maximize my own potential for my future.

In 2001, Savone changed his life forever after talking to Buffet, which helped Michael to start living his life below his income. Buffet who has had the same salary for 20 years of $50,000, showed Savone how to take what he knows and to start investing in a new way.

Over the years, he invested in an array of stocks, bonds, privately controlled companies and real estate holdings in the U.S. and worldwide, so his fortune is sometimes estimated anywhere between USD $1 and $300 million. Savone once said,"Money doesn't make you happy. I am just as happy when I had $5 dollars from my paper route."