Time for modest cars is over, So next in the Warren Buffett Car Collection is the Rolls-Royce Dawn specced in artic white with blue soft-top. Warren Buffett doesnt prefer flashy cars and prefers to maintain a one-car garage. Just another quirk for a man who made his fortune by being a little bit weird. Like this story? He got a Bombardier Challenger 600 jet. #WarrenBuffett #Cars #WarrenBuffettCars#WarrenBuffetHouse#WarrenBuffettLifestyle Her vehicle of choice is a 2006 Ford F-150 King Ranch, with a modest price of around $40,000. The iPhone is so valuable, that Warren Buffett believes that you . Or have you ever seen a different type of Luxurious item in your life? Born Warren Edward Buffett on August 30, 1930, he bought his first six shares of Cities Service Preferred (CITGO) at just eleven years of age. It lets him avoid connecting flights and delays and arrive easily at smaller airports. Next:This Is How Cadillac's Escala Concept Aims To Revive True American Luxury, 2021 Cadillac Escalade Missed A Big Opportunity (And How To Fix It), This Is How Cadillac's Escala Concept Aims To Revive True American Luxury, This Chevrolet Corvette C8 Widebody Could Be Inspiration For The New ZR1, Pontiac Grand Prix: The Original Muscle Car Is Back For 2023 With Bold Intentions, This 2024 Chevrolet Camaro Z/28 Concept Proves GM Gave Up On Muscle Cars Too Soon, 10 Vintage Plymouth Cars to Avoid At All Costs, 10 Vintage Muscle Cars to Avoid At All Costs, This Devastating Multi-Million Dollar Abandoned Lamborghini Collection Is Simply Unreal. Warren Buffett could easily afford the car collections of his billionaire peers (and then some). Buffetts father, Howard, was a stockbroker and later a U.S. A Division of NBC Universal, These billionaires still drive these cheap cars, Magnus Walker's hobby is designing $300,000 Porsches that aren't for sale, Diddy pays Sting '$5,000 a day' for sampling hit song 26 years ago, These ordinary side hustles can make up to $2,000 a day from rich clients, Hilton CEO on his biggest financial mistake: 'I spent all my money' on a Porsche, Jennifer Aniston paid $13,000 for a vintage Mercedes that immediately broke down, Mark Cuban used this grocery store hack to get food when he was broke, father was a manager at Ford Motor Company. It's the middle sentence of the three in the passage below: " The interesting thing . Warren Buffett(born August 30, 1930) is an American business magnate, investor, and philanthropist. Since hed spent so long criticizing CEOs and others who used private jets, he apparently felt a bit silly buying himself one. Warren Buffett Car Collection also features a Mercedes-Maybach GLS600, which is powered by a 4.0-liter twin turbo V8 producing 550 horses along with 730Nm of torque. There is at least one thing in his collection that he splurged on. Jack Ma is the cofounder of the e-commerce and tech conglomerate, The Alibaba Group. How do I deal with insurance after a car accident? The Cullinan comes with a 6.75-litre Twin Turbocharged V12 providing 563 horsepower and weighs almost 6,000 lbs. 2024 Mini Cooper S Clubman Price, Engine, Mileage, Top Speed, 0-60Mph&Specs. Ford President and CEO Alan Mulally personally delivered Ballmer's Ford Fusion Hybrid in 2009. 1. While this fiscally mindful billionaire may have upgraded yet again, knowing Buffett, wed bet you can still find him driving around in his 2014 XTS (though he probably would tell us to skip the betting and save our money instead). The 2014 Cadillac XTS was decked out with a, . Here are five remarkably modest vehicles owned by five of the world's wealthiest people: The CEO of Berkshire Hathaway is well-known for his frugal quirks. In 2009, Ballmer was personally delivered a new Ford Fusion Hybrid by Ford's CEO at the time, Alan Mulally, in celebration of their one-millionth vehicle equipped with SYNC, an in-vehicle communications and entertainment system. For shareholders and others who are interested, a book that compiles the full unedited versions of each of Warren Buffett's letters to shareholders between 1965 and 2014 is available for sale at this link. I was just in an accident and don't know what to do. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. His love for luxury cars is still intact, from a Cadillac to a Lincoln. He says he prefers the choice because it's "safe, comfortable and not ostentatious.". From million-dollar handbuilt cars to common roadsters, these are the cars nine of some of the wealthiest people in the world drive. Billionaire Warren Buffett does not opt for the newest luxury vehicle. Warren Buffetts Cars: What Cars Does the Investment Mogul Own. The Rolls is priced at $311,900. In his teen years, he buttressed up his allowance by delivering newspapers, detailing cars and selling postage stamps and golf balls. But what does Warren Buffetts car collection look like? Berkshire Hathaway Inc. ( BRK.B ), a giant conglomerate and one of the world's largest companies, was founded by its current chair and CEO, billionaire Warren Buffett. With an estimated $80.5 billion fortune, Buffett could hire 300 brass bands to march down the streets of his hometown of Omaha, Nebraska, to celebrate his birthday. We suppose Mr. Buffet must've fallen in love with the DTS's cushy Rolls Royce-likerife and soft, comfortable seats, all for the price of four or five Rollers. He never spends more than $3.17 on breakfast, and he lives in the same house he bought for $31,500 in 1958 (or $260,000 in today's dollars). Not to mention convenient! Susie told the saleswoman Madison Willers that she was there to shop for her father. According to Forbes, Buffett has a net worth of $90.2 billion. It was perfect for Buffett, who usually only uses his car for his five-minute work commute or an airport run to pick up his pal Bill Gates from Eppley Airfield. Lastly, Warren Buffetts Collection also features a Phantom Drophead Coup. However, even in Vsport form, the XTS is not a true sports sedan, with mile munching being its primary duty. Billionaires like Facebook CEO Mark Zuckerberg and Alphabet CEO Larry Page can afford to drive any car they want. Members save $872/year. The 90 year old billionaire is married to Astrid Menks. He developed an interest in business and investing in his youth, eventually entering theWharton School of the University of Pennsylvaniain 1947 before transferring to and graduating from theUniversity of Nebraskaat 19. P0300 Code: What Causes It and Ways to Fix It! To those people, we say this, there's only a handful of people in the world who are richer than Warren Buffet, so if he decides to be cheap, it's probably because that's what's made him an American success. on car insurance when switching with Jerry. However, he hs been seen in a Roewe RX5 SUV as recently as October 2018. In 2014, when he returned to Sweden after 40 years of tax exile, The Telegraph reported that he said on television, "If you look at me now, I don't think I'm wearing anything that wasn't bought at a flea market.". CEO of Alphabet and cofounder of Google Larry Page earned his spot as the 8th richest person in the world. Besides being one of the richest people in the world, Warren Buffett is a billionaire who has his own way of enjoying his gigantic net worth! . It serves has his daily driven vehicles. 5 A Mobile Phone. His company Berkshire Hathaway owns 5.5% shares of Apple which convert to $72 billion. Warren Buffet's Lifestyle 2022 | Net Worth, Fortune, Car Collection, Mansion. If you met Warren Buffett, youd never guess that hes one of the richest men in the world. The billionaire CEO of Berkshire Hathaway has pledged to donate 99% of his net worth of $84.2 billion in his lifetime.. He then donated his old Cadillac to Girls, Inc., a nonprofit working to empower and inspire girls and young women. The interior came with an 8-inch panel and was bolted to memory foam seats. It's been a couple of years now since Buffetts last car purchase. The Cadillacs standard V6 has enough power to get around town quickly and gets respectable city and highway fuel economy of around 17-28 mpg. It handled well on urban streets and highways, offering a. ride for both driver and passenger. Buffett doesnt go for anything super fancy when it comes to his cars. His previously used Lincoln Town Car auction in 2006 had benefited the same organization. Forbes reported that it was General Motors CEO Mary Barra who convinced Buffett to get the new car, even though his old one was just eight years old and had 19,000 miles. He could own any car he wanted to in the world and have a big of a collection as he wanted. In 2010, Buffett also started The Giving Pledge to encourage others to donate their wealth. "I . Susie Buffett, Warren Buffett's daughter, once revealed that Warren Buffett used to buy used cars damaged by hailstones. If youve been following Warren Buffett closely, you might already know that hes a very frugal person with minimal spending, particularly on luxury stuff that exudes class. The 959 debuted in 1988 at $300,000 and was once the fastest car in the world. GM. 100 Cute Car Names for Your Favorite Ride, Floyd Mayweathers Car Collection Hits You like His Jab. Published Fri, Jul 23 2021 9:00 AM EDT Updated Tue, May 10 2022 3:34 PM EDT. The car retailed for between $44,600 and $69,095, which is pretty economical for a billionaire. His standard car-buying habits are something anyone can strive to emulate, and his one special purchase is certainly something to be envied. Known as the "Oracle of Omaha," Warren Buffett is one of the most successful investors of all time. The business mogul justified the delay, as you might expect, pragmatically, telling Forbes: "I only drive about 3,500 miles a year so I will buy a new car very infrequently. She approaches the world through an interdisciplinary lens and is always on the move. Her late father Sam Walton, the founder of Wal-Mart, drove around the 1979 version of the same truck until he died in 1992. He lives in the same five bedroom house he purchased in 1958 for $31,500. Instead of working for Walmart like her two brothers, Walton decided to curate art, and reportedly has an art collection worth hundreds of millions of dollars. Buffett made the most of his DTS, driving it off the showroom floor and for about eight years thereafter. He also reportedly has a Volkswagen GTI, a car of similar value. BILLIONAIRE Lifestyle In DUBAI | Must Watchhttps://youtu.be/FZKJknckqCA2. All you need to do is download our, directly to you. In is authorized biography he says he s happiest in jogging pants with popcorn watching a Nebraska college football game or playing bridge on his computer. . In addition, the car also had the famous THRIFTY license plate and an etched brass plaque with his signature. All Rights Reserved. However, some critics were not pleased by his decision to buy a new jet that cost $6.7 million in 1989. Later, those cars were fixed, and Warren Buffett used them without hesitation. Actually, you probably wouldn't want to do that to Mr.Buffet because his car collection is actually surprisingly paltry. However, the Vsport version, with better power figures, returns a lower fuel economy of 16-24 mpg. But this man of character practices the smart money wisdom he preaches. Alice Walton is one of the heirs to the Walmart fortune and is the second-wealthiest woman in the world. Buffett told Forbes, She told me about 50 things that were better about the newest Cadillacs. Warren Buffett Mansion, House, and Car Collection. The MSRP of the Fusion Hybrid was $19,500. The Dawn is powered by a 6.75-liter V12 engine delivering over 540 horsepower and and 780Nm of Torque. He also has a modest car in comparison to his net worth. Originally created by the. In a BBC documentary, Buffett said he drives just 3,500 miles per year and so he doesnt need a fancy car. That is a huge contrast to so many people that spend money on expensive cars that go down in value and that they cant really afford and would be better off driving a used more affordable car and investing the difference. It went 0-60 in 6.8 seconds and reached a top speed of 102 mph. She drove the car to Buffetts office atBerkshire Hathawayand also brought him a Cadillac hat to go with the new car. He supported the passage of the "Show and Display" law that allowed him to take possession of the 959 after it was imported to the United States. The China-based group's 2014 IPO was the world's biggest public stock offering at the time, raising $25 billion. 2014 Cadillac XTS Warren Buffetts present car. For most ultra-wealthy people, this pathetically small car collection would be unacceptable. It looks like Warren Buffett has given up on BYD, China's biggest home-grown electric vehicle maker. Forbes reported that it was General Motors CEO Mary Barra who convinced Buffett to get the new car, even though his old one was just eight years old and had 19,000 miles. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders, Charles Krupa/Associated Press and GPS 56 from New Zealand/Wikimedia/CC 2.0 https://upload.wikimedia.org/wikipedia/commons/2/22/1996_Honda_Accord_%2816424638125%29.jpg, David Zalubowski/Associated Press and Eric Risberg/Associated Press, Jorge Silva/Reuters and Andy Wong/Associated Press, Jeff Chiu/Associated Press and John Locher/Associated Pres, Dave Weaver/Associated Press and Lucas Jackson/Reuters, Mike Blake/Reuters and Alexandria Sage/Reuters, Mike Segar/Reuters and Carlos Osorio/Associated Press, Rebecca Cook/Reuters and April Brown/Associated Press, Toru Hanai/Reuters and Valder137/Wikimedia/CC 2.0 https://commons.wikimedia.org/wiki/File:Porsche_959_1988_LSideFront_PorscheM_9June2013_(14825961500).jpg, Charles Platiau/Reuters and Norbert Aepli/Wikimedia/CC 2.0 https://commons.wikimedia.org/wiki/File:2015-03-03_Geneva_Motor_Show_3249.JPG, Visit Business Insider's homepage for more stories, launched his own first-generation Tesla Roadster. He lives in the same five bedroom house he purchased in 1958 for $31,500. How much does it cost to add a car to my current insurance policy? Ready to put Buffetts frugal financial philosophy into action? Despite being super frugal, Buffett did eventually buy himself a private jet more than twenty years ago. A 2011 profile of Moskovitz in The Seattle Times noted that he drove a Volkswagen R32 at the time. Warren Buffett is not only one of the richest people in the world but also very frugal to a point that it is very surprising to people. He plans to give away more than 99% of his wealth. With a net worth of $37.3 billion, Jack Ma is the second-richest man in China. It has not been previewed, commissioned or otherwise endorsed by any of our network partners. Words: Dominik Bartmanski / Interview translation: Viviane Riegel. Why not start by switching your, Jerry makes saving on car insurance easy. The billionaire CEO of Berkshire Hathaway has pledged to donate 99% of his net worth of $84.2 billion in his lifetime. Warren Buffett's Berkshire Hathaway invested $1 billion in Brazil's digital bank, Nubank, which offers some Bitcoin services. I've had a great year financially and have decided to treat myself with a second vehicle. With a net worth of 69 billion, the car that emerges to be an attention seeker in his. Buffett requested that I personally deliver his XTS so that he could say hello after all the time that had passed.. Although not convinced with the idea of an upgrade, General Motors CEO Mary Barra ultimately persuaded him to, following which he got himself a 2014 Cadillac XTS. Her first car is (not was, he is very much still alive and well, thank you) Gef, a green, 1998 Infiniti Sedan. En espaol | Warren Buffett, already a famed investor and philanthropist and the sixth-richest person in the world, has something else to celebrate: turning 90. In this video, you will discover what Warren Buffett's luxurious life is like! Subscribe to the channelhttps://www.youtube.com/channel/UCTEBKzDlV12Xurp7pkycN1Q?sub_confirmation=1#warrenbuffet #lifestyle #billionaire warren buffett,warren buffett lifestyle,warren buffett lifestyle 2022,warren buffett net worth,warren buffett net worth 2022,warren buffett company,warren buffett interview,warren buffett documentary,warren buffett the office,warren buffett investment strategy,warren buffett speech,warren buffett bitcoin,warren buffett audiobook,warren buffett mansion,warren buffett house tour,warren buffett cars,warren buffett car collection,warren buffett family,bill gates It is like a journey for Warren Buffett; it seems like his love for cars is not in how many cars he owns but in the driving experience. Its coveted features included upgraded map pockets, a wood-trimmed steering wheel, memory foam seating, and three years of complimentary maintenance. Berkshire Hathaways Warren Buffett needs no introduction. The groupraised $122,500 at auction, exceeding their expectations. Most people would think one of the richest men in the world has a chauffeur and is driven around in a limousine but the reality is he drives himself around in a six year old Cadillac. But we reckon this 2014 Cadillac XTS long wheelbase was good enough for Mr.Buffet because it served faithfully as his daily driver ever since it replaced the now-defunct DTS. Warren is one of the most successful investors in the world and has anet worthof over $100 billion as of November 2022, making him theworlds sixth-wealthiest person. The MSRP for the R32 in 2008 was $32,000. You will be Surprised! A Cadillac isnt cheap, but its pocket change for a billionaire like Warren Buffett. Born in 1930 and now 89 years old, Buffett started investing in the stock market when he was just 11. Bill Gates, the founder of Microsoft, has a net worth of $103.8 billion, allowing him to own several cars such as the 1988 Porsche 959. Warren Buffett. The 2014 Cadillac XTS is equipped with a 3.6-liter V6 engine that produces 304 horsepower and 264 pound-feet of torque. But there are other billionaires who never let go of the thrifty habits that contributed to their success. The regular XTS comes with a 305 hp V6, whereas the Vsport edition is powered by a 3.6-liter twin-turbocharged V6 engine that churns out 410 horses. His daughter shared that in the past Buffett bought cars that had reduced prices, like ones that had been repaired after hail damage. He is considered to be the best and most successful investor in the world, and you'll soon see why. How to tackle car insurance shopping (and save money!). Shares of BYD in the United States tumbled 11% Tuesday after Hong . Do let us know in the COMMENT BOX! care about saving you money. Tea Leaves. Editorial Note: The content of this article is based on the authors opinions and recommendations alone. He is keen to invest in American-made vehicles instead of any other new-generation sports car. What is the Highest APR on a Car Loan? Despite his 3% stake in Facebook, Moskovitz stayed frugal. Originally, the car was worth around $22,000, but today, it wouldn't go for more than a few thousand dollars. Browse 211 warren buffett car photos and images available, or start a new search to explore more photos and images. It had luxurious features like memory foam seating, a wood-trim steering wheel, and leather grab handles. Access your favorite topics in a personalized feed while you're on the go. I've been driving around my new Camaro and just remembered I still haven't gotten insurance. your travel and car related needs. The result is an XTS that rides easily over potholes and other road imperfections. He went on to graduate fromColumbia Business School, where he molded his investment philosophy around the concept ofvalue investingpioneered byBenjamin Graham. He once claimed to save by only getting his hair cut when he's in developing countries. Warren Buffett owned his first used Bombardier Challenger private jet in 1986 and later bought a new, more expensive jet in 1989. What could you possibly get the man who quite literally has just about everything? Cars are just not his passion or hobby they are just a means to get from point A to point B and replacing them is unnecessary and a bother to replace in his perspective. It can do 0-60 in 6.3 seconds with a top speed of 139 mph. Fewer seem to know, however, that Zero Freitas, a So Paulo-based businessman now in his sixties, plans to turn his collection into a public . He auctioned his 2006 Cadillac DTS for $122,000 to donate to his non-profit, Girls Inc. His new 2014 Cadillac XTS was a five-door sedan that offered high-quality infotainment. Since then, hes mainly owned GMs or Fords. The steering has a good response and feels balanced in weight. How to save on Cadillac XTS insurance costs, Buffett is a one-car man. Find The Best Deals On Used Cadillac DTS On Our Website. Warren Buffett loves this executive yet silent and comfortable car. Thats why we help you make the switch and can even help you cancel your old policy. The old saying goes, " they just don't make anything like they used to." At the time, its retail price was around USD 45,000. Warren Buffett's 2014 Cadillac XTS. Continue with Recommended Cookies. Once those fortunes are made, though, they can afford to splurge on things they don't really need like luxury cars. Another important feature is Cadillacs Magnetic Ride Control, which is standard on all XTS sedans. Also Read: Here's A Look At Tesla CEO Elon Musk's Car Collection Check Out Bill Gates' Updated 2023 Car Collection Being one of the richest men globally, it might come as a surprise that Warren Buffett used a $20 flip phone called Samsung SCH-U320. - YouTube 0:00 / 13:39 Warren Buffet's Lifestyle 2022 | Net Worth, Fortune, Car Collection, Mansion.. He made $53,000 from delivering newspapers,. https://www.youtube.com/watch?v=P9YTKb5PgR0. The car's original retail price was around $28,000. She did not tell them her father was billionaire Warren Buffet, she merely described the personality and habits of her anonymous father, according to Buffetts letter toGMCEO Mary Barra. Whats more, we keep our eye on the market, so when better rates come up, youll be the first to know. Buffett parted with his Lincoln in 2006, auctioning it to raise money for one of his favorite nonprofits, The top 10 cheapest luxury cars to insure, After saying goodbye to his Lincoln, Buffett upgraded to yet another American legend: the, of the 2006 DTS kept true to its brand's tradition and acclaim., The DTS promised comfort at every turn. 5. 2023 Mitsubishi Outlander Sport Price, Engine, Mileage, Top Speed,0-60&Specs, Top 10 Most Powerful Convertible Supercars In 2023, Alicia Keys Car Collection 2023 And Net Worth. Warren Buffetts daily driver till 2006 was a 2001 Lincoln Town Car. He was able to raise $73,200 back then. 2. Find The Best Deals On Used Cadillac XTS On Our Website, 2.5i Limited 4dr Wagon AWD (2.5L 4cyl 4A), 3.0R L.L. The MOST LAVISH City Dubaihttps://youtu.be/KbarlPi0UNA3. He lives in the same residence in Omaha, Neb., that he bought in 1958 for $31,500, the equivalent of roughly $285,000 in 2020 dollars. This 275 hp 3.6 liter powered car used to be Warren Buffetts trusted companion for close to eight long years. 21motoring provides you the daily dose of automotive updates, news, celebrity car collection and much more. As a child, he made money by going from door to door to sell beverages, sodas, chewing gums and weekly magazines. This instantly adapts the suspension to the driving surface. If you had all the money in the world, what type of car would you buy? Warren Buffett on his new iPhone: 'My flip phone is permanently gone'. Wait, what? This car came out in three trims: the Executive, the Signature, and the Cartier. But have you ever stopped to wonder about just how this 92-year-old man lives? One of the richest people on earth, Warren Buffetts net worth is more than $108.4 billion. He only decided to finally trade it in and get rid of it after his daughterSusietold him that it was embarrassing. Mukesh Ambani - ANTILIA House Tourhttps://youtu.be/GKVRAOJR1v84. He must've loved it so much that when his shareholders and his youngest daughter told him it was time to replace the old DTS, he couldn't be bothered to go look himself and instead sent his daughter straight to the dealer. In 1999, Warren Buffett was asked what you should do to get as rich as himhis advice still applies today. He technically uses his car for small-work meetings or to pick up his family from the airport, especially his daughter or his other multi-millionaire friend Bill Gates. Toyota Oil Change Price: Know How Much to Spend! Not a huge outlay for a man worth $74.4 billion. What Kind of Car Does Warren Buffett Drive? Well, if you're one of the super-rich pals of business tycoon Warren Buffet, you might fancy adding another set of wheels to his vast and all-encompassing selection of high-end hypercars and ultra-luxurious limousines, which all well to do people must-have. In 2014, he reportedly bought a Cadillac XTS, a car with a retail price of around $45,000. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones. The DTS holds an outstanding comfort zone with an ample amount of space for briefcases. The intrepid billionaire CEO of Tesla and SpaceX is known to drive and ride in his own company's cars. Buffett prefers driving American cars, and the only foreign cars Buffett has owned are a Volkswagen Beetle and a Rolls Royce, both of which he owned for about a year in the 1960s. ", The founder and CEO of Facebook, the world's largest social networking platform, is often seen driving a black Acura TSX, a car valued around $30,000. He only gave it up recently when someone persuaded the now 91-year-old that driving it was too dangerous. According to Forbes, he only drives about 3,500 miles a year, so the need for a car is so minimal. This car came out in three trims: the Executive, the Signature, and the Cartier. Like CNBC Make It on Facebook, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. The refined touch of the Cadillac suited Mr. Buffett very well. Warren Buffett, in full Warren Edward Buffett, (born August 30, 1930, Omaha, Nebraska, U.S.), American businessman and philanthropist, widely considered the most successful investor of the 20th and early 21st centuries, having defied prevailing investment trends to amass a personal fortune of more than $100 billion. The car is priced at just $39,000. The Toyota 4 Runners Competition: A Worthy Rival? The Cadillac is powered by a 4.6-liter Northstar V8 making 275 horsepower and 292 pound-feet of torque. Bean Edition 4dr SUV AWD (3.0L 6cyl 250 hp 5A), 2.5i Special Edition 4dr Wagon AWD (2.5L 4cyl 4A), Heres A Look At Tesla CEO Elon Musks Car Collection, Check Out Bill Gates Updated 2023 Car Collection, A Look Inside Jeff Bezoss $20 Million Car Collection, Heres A Look At Meta CEO Mark Zuckerbergs Car Collection, Here Is FTX CEO And Crypto-Billionaire Sam Bankman-Frieds Car Collection, Look At Finance Personality Dave Ramsey's Car Collection. He never spends more than $3.17 on breakfast, and he lives in the same house he bought. After he sold his Lincoln in an auction to raise money for Girls, Inc., he was seen in his Cadillac. Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., waits in the car while someone else checks into the resort for him. How soon do you need to insure a new car? The Cullinan comes with two high-class champagne flutes and a refrigerated storage compartment and automatic close-doors. Warren Buffet may very well be worth tens of billions of dollars, but the size of his many Swiss Bank accounts is equal in scale to his frugality. Yes you have heard it right buddy! Buffetts choice of a Cadillac is very much justified by the fact that he owns roughly 53 million shares in General Motors (GM), the parent company of Cadillac.

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