Billionaire investor Warren Buffett, considered one of the most influential people around the world, was recently spotted driving his red Subaru Outback. The Oracle of Omaha is one of the richest people in the world, but oddly enough he could not care less about large mansions, luxury cars and giving off that certain wealthy appearance.
Many investment books were written about Warren Buffett and his economic vision, and students all around the world pay close attention to the financial moves that he makes throughout his career. People do their best to understand the genius that is Warren Buffett. They try hard to figure out how he became one of the richest people in the world. He has an amazing mind and chooses to read and research as part of his investing strategy. Buffett even jokes that he spends more time reading corporate annual reports than other men spend looking at Playboy magazine.
As far as being wealthy is concerned, Buffett really doesn’t seem to care that much about personal possessions. He lives in a modest house in Omaha that he bought in 1958 and purchased for $31,500. At one time you can find him behind the wheel of a Cadillac that he purchased eight years ago. But as mentioned, he was recently spotted driving a Subaru Outback and photographed by Jess Golden, CNBC producer.
Based on the picture, it appears that the red Subaru SUV is the new 2015 model recently released in April by the Japanese automaker. It’s funny because Buffett is a Ford shareholder, so is actually driving one of the newest models of the competition. In fact, Buffett was recently noted as saying that the Subaru outback is a “real threat” to a favored business of his.
As to Buffett’s modest lifestyle, we also think of the founder of IKEA, Ingvar Kamprad. It is alleged that he still drives his 20-year-old Volvo. Based on information from it the French language Swiss TV broadcaster TSR, the IKEA CEO still drives a 1993 Volvo 240. He flies economy class and encourages his employees at IKEA to write on both sides of a piece of paper.