An American business magnate, investor, and philanthropist, Warren Edward Buffett who serves as the chairman and CEO of Berkshire Hathaway, one of the most successful investors of all time, with the net value of approximately $87.5 billion as of February 17, 2018, is also among one of the richest people in the world.
Good lesson here. Live below your means in order to have sustainability and freedom. #WealthManagement
— Jonathan Ozovek (@EinPaladin) March 10, 2018
Far, far richer than those who live in extremely luxurious mansions that span across acres of disturbingly expensive and costly pieces of land. However, what has left the internet amused and humbled is the fact that he is still living in a house that he had bought back in 1958.
Since he doesn’t even use email — he has sent only one email so far — many tend to think he is a Luddite, one having an irrational fear of new technology. No, Buffett is just a frugal and practical man who wants to live life on his own terms.
Simplicity is the key to longevity
— Toz Poet (@TheOnlyToz) March 10, 2018
Warren Buffett, the Billionaire, shows that happiness is the key to living in the very same, modest house that he had owned for sixty long years. This is the very house he has lived in for most of his adult life: in spite of being the owner of a bottomless fortune, he never really made an effort to change it whatsoever.
My favorite zillionare. His approach to his wealth is perfect
— Patricia Ernst (@PatriciaErnst17) July 2, 2017
Way back in 1958, he bought this house in Omaha, Nebraska for $31,500. It has about 5 bedrooms and 2.5 baths. Well, all in all, he calls it to be his third best investment.
Buffett’s credibility as an investor is so high that his listeners value each word he utters. He is known to have bucked the trend many times. That’s all because he lives an original life without getting influenced by trends. His life away from the fads of the day gives him the capability to see through the haze.
Buffett’s famous advice to young people is — stay away from credit cards and invest in yourself. He has absolutely proven the fact that great people are great not because of their teeming bank balance, but because of their worth, virtue and thought.