|
Warren Buffet ...
|
View this Thread in Original format
| TSG |
Second Richest Man in the world (worth over 45 billion)
There was a one hour interview on CNBC with Warren Buffet, the second
richest man who has donated $31 billion (85% of his fortune) to charity.
Here are some very interesting aspects of his life:
1) He bought his first share at age 11 and he now regrets that he started too late!
2) He bought a small farm at age 14 with savings from delivering newspapers.
3) He still lives in the same small 3 bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
4) He drives his own car everywhere and does not have a driver or security people around him.
5) He never travels by private jet, although he owns the world's largest private jet company.
6) His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis.
7) He has given his CEO's only two rules.
Rule number 1: Do not lose any of your share holder's money.
Rule number 2: Do not forget rule number 1.
8) He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10) Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11) His advice to young people: Stay away from credit cards and invest in yourself. |
|
|
| Miss Julia |
| WTF????????? 85% of his fortune????? I guess that was pretty nice of him! :eyespop: |
|
|
| CrazedOut |
| Wow, what a guy. |
|
|
| ravensyz |
Interesting Article - enjoyed reading it :)
Warren Buffet reminds me of this one guy I know (my mentor/my good friend). He's a real estate tycoon in New York. SUPER wealthy. What kind of car does he drive? A '01 Rav 4 - and he loves it. |
|
|
| Faj27 |
| quote: | Originally posted by ravensyz
Interesting Article - enjoyed reading it :)
Warren Buffet reminds me of this one guy I know (my mentor/my good friend). He's a real estate tycoon in New York. SUPER wealthy. What kind of car does he drive? A '01 Rav 4 - and he loves it. |
Yep. Some of the wealthiest people I know live an incredibly humble and simple lifestyle. Most of their money either goes to outside investments, charities or savings (maybe for their kids/grandkids/etc). The one thing they always say is to delay your gratification (work hard, save and you'll have plenty of money later) and to always live below your means. Pretty common sense but so few actually apply it :rolleyes: |
|
|
| gehzumteufel |
| quote: | Originally posted by Faj27
Yep. Some of the wealthiest people I know live an incredibly humble and simple lifestyle. Most of their money either goes to outside investments, charities or savings (maybe for their kids/grandkids/etc). The one thing they always say is to delay your gratification (work hard, save and you'll have plenty of money later) and to always live below your means. Pretty common sense but so few actually apply it :rolleyes: |
yeah this is true.
Julia: this was on the news like 6 months ago. he donated something like 90% of that 83% to the Bill and Melinda Gates Foundation. |
|
|
| henryv |
| he should donate 1% to the United Henry College fund cuz im broke |
|
|
| gehzumteufel |
| quote: | Originally posted by henryv
he should donate 1% to the United Henry College fund cuz im broke |
and .01% to the Find Ben A Home Fund. |
|
|
| Jeffree |
| How can he live in a 3 bedroom house without a single wall??? :conf: |
|
|
| TSG |
| quote: | Originally posted by Jeffree
How can he live in a 3 bedroom house without a single wall??? :conf: |
DOH! A wall/fence surrounding his house. :stongue: |
|
|
| naeblis |
| I actually just recently got invited to a luncheon hosted by this guy... didn't want to pay for my plane ticket out there though. =P |
|
|
|
|
