Warren Buffett's Lifestyle ★ 2020

warren how would you define true success well i've i've said many times that that if you get to be 65 or 70 and later and and the people that you want to have love you actually do love you you're a success warren buffett is the seventh richest person in the world and is considered one of the most successful investors in history he's an american business tycoon investor philanthropist financier and entrepreneur warren is the chief executive officer and chairman of berkshire hathaway the holding company which owns over 60 companies such as duracell dairy queen and geico and being a great philanthropist has pledged to give away 99 of his total net worth to charity before he dies this successful investor started investing in the stock market when he was only 11 years old moreover he also started the giving pledge in 2009 to encourage other billionaires to donate their money i've never seen anybody that reaches that age i mean i'm not talking about somebody that's in extreme poverty or pain or something but i've never seen anybody that if they have a lot of people that love them that is other than happy and i've seen some very very wealthy people that they give testimonial dinners too and name schools after and everything nobody nobody loves them you know if you enjoy these videos please remember to hit the like button as it does help us out a lot and comment below who your favorite celebrity is that you'd love to see in an upcoming video his full name is warren edward buffett but is also known as oracle of omaha sage of omaha wizard of omaha he was born on august 30th 1990 in omaha nebraska united states making him 90 at the time of this production he stands 1.78 meters or 5 feet 10 inches tall did you know that buffett still uses a flip phone instead of any expensive android or iphone smartphone and he's not a fan of high-end designer suits he doesn't even have a pc on his desk this philanthropist is also a dedicated follower of the university of nebraska football team buffett only wears suits designed by madame lee and he eats the same thing for breakfast every day he spends 3.17 on his mcdonald's breakfast every morning moreover he's friends with bill gates and they're often seen eating lunch at mcdonald's it seems that buffett loves coca-cola since he usually drinks nearly five cokes each day his hobby is playing bridge and he spends around 12 hours per week on this hobby he loves to read and spends nearly 80 percent of his day reading different books this billionaire is a fan of the ukulele who loves to play the ukulele warren spends billions of dollars on philanthropy and has donated over 46 billion dollars to different causes since 2000 back in 1949 he had a crush on susan thompson and her boyfriend had a ukulele buffett purchased his own ukulele to compete with her boyfriend then in 1952 he married susan the couple lived together until 1977 and had three children including susie howard and peter although they separated in 1977 and thompson moved to san francisco to pursue her singing career the couple remained married until susan died in 2004 then in 2006 warren married astrid banks on his 76th birthday menks had been living with him since susan moved to san francisco what are say three pieces of advice you would give to people who are looking to succeed in business by far the best investment you can make is in yourself i mean that for example communication skills i tell the students that come that they're going to graduate schools and business and they're learning all these complicated formulas and all that if they just learn to communicate better and both in writing and in person they increase their value at least 50 percent born in 1930 in omaha nebraska warren was the second of the total of three children of his parents warren was the only son of lila and howard buffett his father was a congressman the investor started his education at rose hill elementary school and attended alice deal junior high in 1947 he graduated from woodrow wilson high school and was enrolled at the wharton school of university of pennsylvania during the same year after studying for two years at this university buffett joined the alpha sigma phi fraternity and later transferred to the university of nebraska warren was 19 years old at that time and graduated from this university with a bachelor of science in business administration buffett was rejected from harvard business school and enrolled in the columbia business school from where the entrepreneur received his master of science in economics in 1951 he'd started investing at a very young age he used to sell chewing gum weekly magazines and coca-cola bottles door-to-door back in 1951 buffett started working at buffett falk and company which was owned by his father and was an investment salesman at this company the investor left the company in 1954 to work at benjamin graham's partnership where buffett was appointed at a starting salary of twelve thousand dollars per year in 1956 he retired and closed his partnership and he gathered a large amount of personal savings by this time so warren opened up buffett partnership limited and began operating other partnerships as well the investor had seven partnerships by the end of the 1950s and was a millionaire in 1962. later buffett merged all of these partnerships into one and invested in berkshire hathaway which was a textile manufacturing firm at that time in the early 1960s buffett was aggressively purchasing shares of berkshire hathaway before he ultimately took over control of the company in the late 1960s buffett had started to shift the business from textil into the insurance sector in 1985 the last textile mill under this company was sold then in 1987 the company bought a 12 stake in solomon inc then in 1988 he started purchasing stocks in the coca-cola company and eventually he bought seven percent of this company for 1.02 billion dollars in 2008 warren ultimately became the wealthiest individual in the world when he overtook bill gates who had been the world's richest person for 13 years however gates again became the world's wealthiest individual in 2009 then in 2011 barack obama presented him with the presidential medal of freedom if i gave you a car and it'd be the only car you get the rest of your life you take care of it like you can't believe any scratch you'd fix that moment you read the owner's manual you keep a garage and do all these things and you get exactly one mind of one and one body in this world and and you can't start taking care of it when you're 50 by that time you'll rush it out if you haven't done anything so on average warren earns around 800 million dollars each year and the investor earns a salary of a hundred thousand dollars at berkshire hathaway back in the year 2013 the entrepreneur made on average 37 million dollars each day he has an 18 interest in berkshire hathaway and he owns around 300 000 class a shares of this company while 150 000 class b shares of berkshire hathaway belong to him the investor also owns over 2 million shares of heritage growth properties as well as wells fargo 9 000 shares of ibm and around 900 000 shares of united states bancorp he earned approximately 20 000 when he was 21 years old and at the age of 30 made his first million dollars by the age of 56 he'd become a billionaire and his net worth at that time was 1.4 billion dollars he made 99 of his total net worth after the age of 50. warren buffett's total net worth is 83 billion dollars although he is one of the most wealthy people in the world he still chooses to live a modest life warren currently lives in a modest house in omaha which he purchased for thirty one thousand five hundred dollars in 1958 buffett calls this home his third best investment the house covers an area of 6750 square feet and features five bedrooms two full bathrooms and a half bathroom it's guarded by fences as well as security cameras in 1971 the billionaire bought a vacation house in laguna beach california this home cost him a hundred fifty thousand dollars and it's part of a gated community known as emerald bay the beautiful home which is walking distance from the beach covers 3 500 square feet of living space and features six bedrooms moreover each bedroom features its own ensuite bathroom warren listed this home in 2017 for 11 million dollars and it was ultimately sold for 7.5 million dollars in 2018. warren buffett likely owns the following cars a 2006 cadillac dts a 2014 cadillac xts a rolls royce [Music] a volkswagen beetle he also owns a bombardier challenger 600 jet you

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Length: 10min 47sec (647 seconds)

Published: Wed Oct 14 2020