Three Ways Warren Buffett Is Not A Typical Billionaire - News Summed Up

Three Ways Warren Buffett Is Not A Typical Billionaire


In a new documentary titled “Becoming Warren Buffett,” which aired on HBO Monday night and chronicles the Berkshire Hathaway chairman’s rise from ambitious child to legendary investor, Buffett’s renowned folksiness was on full display. Despite being one of the world’s most recognizable billionaires -- worth $73.7 billion (and that’s after giving more than $28.5 billion to charity) -- his life is notably free of butlers, chauffeurs and megayacht captains. Forbes has been tracking America’s wealthiest citizens since 1982; few have been quite as frugal as Warren Buffett. He still lives in the five-bedroom Nebraska home he purchased in 1958 for $31,500 (about $262,000 in today’s dollars). “In my entire lifetime everything that I spend will be quite a bit less than 1% of everything I make,” Buffett explains in the documentary.


Source: Forbes January 31, 2017 13:20 UTC



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