Billionaire?Warren Buffett, who will turn 93 this month, has been an inspiration for millions around the world. Besides the successful investor that he is, the ¡®Oracle of Omaha¡¯ also gives us more and more ways to admire him as we go deeper into his life¡¯s nine decades.
While many of us know that Buffett¡¯s first job was to?deliver newspapers, do you also know that the?world¡¯s sixth-richest person still lives in the same small house that he bought nearly seven decades ago?
Yes, you read that right. One of the world¡¯s most successful and richest people, Warren Buffett,?still lives in the house?that he bought in 1958.
In 1958, Buffett and his then-wife bought a 6,570-square-foot home with five bedrooms and 2.5 bathrooms in Omaha. He still lives there.?
He purchased the house 65 years ago for $31,500, and it's now worth about $1.44 million.?Buffett doesn¡¯t plan on trading his Omaha home for a more luxurious one any time soon.? ?
¡°I¡¯m happy there. I¡¯d move if I thought I¡¯d be happier someplace else,¡± he had said earlier, adding that ¡°This house does just fine. I¡¯m warm in the winter, I¡¯m cool in the summer, it¡¯s convenient for me. I couldn¡¯t imagine having a better house.¡±
Also Read:?10 Inspirational Quotes From?Warren Buffett
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In a 2010 letter to his Berkshire Hathaway shareholders, Warren Buffett wrote, ¡°Home ownership makes sense for most Americans¡ All things considered, the third best investment I ever made was the purchase of my home, though I would have made far more money had I instead rented and used the purchase money to buy stocks.¡±
The first two best investments were wedding rings.
He continued, ¡°For the $31,500 I paid for our house, my family and I gained 52 years of terrific memories with more to come. But a house can be a nightmare if the buyer¡¯s eyes are bigger than his wallet and if a lender ¡ª often protected by a government guarantee ¡ª facilitates his fantasy.¡±
Also Read:?Warren Buffett?Heaps Praise On Berkshire's Indian-Origin Employee
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