Jul 20, 2023
3 mins read
3 mins read

Who is one businessperson you admire and why?

Who is one businessperson you admire and why?

Warren Buffett is the most successful investor in the world.

But here I am not talking about wealth or successful investment business philosophy, because he is a person everyone knows, and there are many people who learn about him.

His simple lifestyle

Although he is the richest man in the world, he still lives in the house in Omaha, Nebraska that he bought decades ago for $31,500.

He still drives a normal car. He used to drive a 2006 Cadillac DTS before switching to a Cadillac XTS - starting at $44,000 in 2014.

The billionaire also doesn't spend much on technology. He does not use a "genuine" smartphone, but only uses a regular folding phone.

He doesn't wear a designer suit, instead, he exclusively wears suits created by a Chinese garment businessman named Madam Li, whom he met in 2007.

What else? He is known as the most generous philanthropist

In 2006, he pledged to give all of his Berkshire stock through annual donations to five organizations including the Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation . With a total amount of 51 billion USD

The above also let many people admire him, a man who is not only rich in material things, but he is also rich in emotions.

He values friendships more than material things.

“I'm a member of every golf club I want to be a member of. I'd rather play golf here with the people I like than at the most beautiful golf course in the world. [...] I'm not interested in cars and my goal is not to make people jealous." - Warren Buffett

What billionaires think, this is the way of thinking of the first billionaire in the history of the world, very simple, and anyone can learn, watch the video below:

Business