Hey, Millionaire! If you're worth millions, there are two ways you can choose to live your life:
you can either live in luxury every day, or you can stick to a middle-class kind of lifestyle
most of the time. But rich people can be pretty weird. And there's one super-wealthy person who
chose a different way to live. Warren Buffett is the seventh wealthiest man in the world,
with a net worth of at least $106 billion! He made that money by investing in stocks
and as the Chairman of Berkshire Hathaway - a conglomerate that owns multiple companies,
from Duracell to Dairy Queen and diamonds. But despite his incredible wealth,
he's chosen to live like a poor person. Sure, he seems very interested in philanthropy and
has pledged to give away 99% of his fortune to charitable causes. So maybe he just lives like
he's poor to prepare for the day when he gives away over $100 billion. But that's just my best
guess for these weird life choices. Don't believe me? Here are 9 ways that Warren Buffett lives like
he's poor. You won't believe all the weird habits Buffett sticks to despite his incredible wealth.
9. He hasn't moved since 1958 In 1958, Buffett bought a house in Omaha,
Nebraska, for $31,500. And he's still there. If you're wondering, that's about
$285,000 in today's money. Don't get me wrong, it's not a small house - it's 6,570 square feet,
with 5 bedrooms and 2.5 bathrooms, and it's valued at over $652,000. But with a fortune of over $100
billion, you'd expect something much bigger and more extravagant. After all, it's worth only
0.001% of his fortune! And, honestly, if you drove past it, you probably wouldn't even notice it. So
why's he still living in that same house over half a century after he bought it? He says he doesn't
believe he'd be happier anywhere else. I should mention that he does own a 6-bedroom holiday home
in Laguna Beach, California. But he took out a 30-year mortgage on it, just like the rest of us.
8. He drives around in used cars
We typically picture billionaires in sports cars or classics. But it doesn't
look like Buffett's interested in cars. He almost never buys a car, and when he does,
he usually picks ones he can buy at a reduced price. His daughter says that he likes cars that
have been damaged by hail or something similar and then repaired again. She also says that her
dad will only buy a new car when she tells him his ancient car is becoming embarrassing. It
looks like he's currently driving around in a 2014 Cadillac XTS - which he's had since 2015.
7. He eats like a child There are no private chefs or
Michelin-starred restaurants for this billionaire. While most super-rich are sipping champagne,
you're more likely to find Buffett at the window of his nearest drive-in McDonalds. No,
that's not a joke. He often grabs breakfast there on his 5-minute drive to work. On a good day,
he'll splash out on a $3.89 bacon, egg, and cheese biscuit sandwich. But if the stock prices are down
that day and he's feeling extra poor, he'll choose two sausage patties that he sticks together - plus
a diet coke. Don't believe me? Well, Bill Gates can back up this claim. According to Gates,
Buffett mainly eats burgers, ice cream, and diet coke. But, when he's traveling,
he'll usually start the day with a packet of Oreos. Buffett hasn't tried to keep this a secret,
but his reason for eating like this is really weird. He says he checked which age group has
the lowest death rates and, according to his research, it's 6-year-olds that are
most likely to live to see another day. So, because 6-year-olds are least likely to die,
he figures he should eat like them to stay healthy. I hate to tell you this, Warren,
but I think their age is probably what's keeping them alive, more than their terrible diet.
Can you hit subscribe before Warren Buffet makes another $2,000? You have 5 seconds! 1... 2... 3...
4... 5! Now keep watching for more ways Buffet doesn't care about being another $2,000 richer.
6. He uses an iPhone... finally These days, Buffett can be seen using
an iPhone 11. But that wasn't always true. For years after smartphones were invented,
he was still carrying around his Nokia flip phone. And no, this wasn't back in 2010. The last
sighting of his Nokia was in 2019! In 2020, he did an interview saying that he'd retired the Nokia
for good and had switched to the iPhone 11, which was the newest model at the time. I don't know
about you, but I want to start placing bets on how long he's going to stick to that same iPhone.
5. His hobbies aren't typical billionaire interests
Billionaires usually pick expensive hobbies, like golf, helicopter flying,
or something to do with super expensive horses. But Buffett has chosen much cheaper hobbies than
the typical billionaire. His biggest addiction, Buffett says, is bridge. In case you don't know,
it's a card game typically enjoyed by very old ladies. Like I said, it's a pretty cheap
hobby - all you need is a standard deck of playing cards. He loves the game so much that
he'll often find time in his busy billionaire schedule to play for about 8 hours a week. He
has one more unusual hobby, though - he plays the ukulele. He even plays for investors and
at charity events sometimes. And thanks to Bill Gates, we have video evidence of it happening.
4. He doesn't like designer brands.
You'll find most billionaires dressed in high-end designer brands or on Savile Row
getting their suits custom-made. But not Buffett. Back in 2007, he met a sewing entrepreneur from
China named Madame Li. Ever since then, he'll only wear suits made by her. It won't surprise
you that he's probably the only wealthy person in the world who buys her clothes. But he says
he gets a lot of compliments on them, so he's pretty happy with his unknown suit supplier.
What designer brand would you buy if you had Buffett's money? Tell us in the comments!
And keep watching to find out what weird poor person habit took our number 1 spot.
3. He loves coupons! If you got to speak to every billionaire on earth,
you'd find at least a few that have never heard of a coupon. But Warren Buffett won't be one of
them. He loves clipping coupons! Bill Gates - who you've probably guessed by now is a close
friend to Buffett - has photographic evidence of this. He tells the story of one trip he took
with Buffett to Hong Kong. Buffett suggested McDonald's for lunch and offered to treat Gates.
But instead of pulling out cash, Buffett took a stack of coupons out of his pocket to pay!
You've got to wonder if he'd still have paid for Gates' lunch if he hadn't had the coupons.
2. His office hasn't changed since the 60s. I know what you're thinking - it's not surprising
that Buffett hasn't redecorated his office since the 60s. But that's not what we're talking about
here. He might have changed a few things. But there are two things about his business that
haven't changed at all - his office building and the people in it. Buffett arrived at Berkshire
Hathaway in the 1960s, and he's kept it the same ever since. They're still in the same building,
and the 25 original employees are still there today, according to Buffett. Nothing has been
added or taken away. That's partly down to Buffett's business philosophy. Unlike most
modern companies, Berkshire Hathaway doesn't have committees, counsels,
or any kind of relations department. He says those are just things companies have because all
other companies have them. His way seems to work pretty well, so it would be stupid to change it.
1. He was upcycling before it was cool Buffett has always looked for ways to
save money. But his weirdest idea probably came when he had his first baby. Most billionaires
would have been busy building a new wing of their mansion to fit all the newest baby tech
they'll buy. But Buffett went a very different route. He converted a dresser drawer into a bed
for the baby. You can decide if that's extreme or clever. When his second child came along,
he chose a slightly more extravagant setup - baby number 2 actually got a real crib to
sleep in! But Buffett didn't splash out on that luxury - he just borrowed it from a friend.
It might sound like he didn't care much about becoming a dad, but according to his daughter,
he's very focused on his family. He just really doesn't like spending money.