Warren Buffett’s worth is $86 billion dollars and as one of the richest people in the world, he keeps his breakfast at McDonald’s under than $3.17. The 87-year-old billionaire has lived in his 5-bedroom Omaha home since 1958, but he maintains a frugal expense routine. The value of his house is $31,500, which means that he still doesn’t spend more than $3.17 on breakfast either way. He has a five-minute drive to the office, while at Mcdonald’s, Buffett orders two sausage patties, a sausage, egg, and cheese, or a bacon, egg, and cheese.
He also drinks several cans of Coca-Cola a day. He tells his wife how much he will spend before he leaves the house, as in, spending $2.61, $2.95, or $3.17. It depends on how wealthy he feels in that given day or hour of the morning. $2.61 is the sausage patties, often enough he decides to spend that much. As an investor, he knows what the markets are going to do over a long period of time but he doesn’t think he knows what will happen a day, a week or month.
Aggressive buyers feel better when the stock goes down. His first stock was in 1941, as World War 2 started, as the son of a U.S. Congressman. He gives 99% of his fortune to charity. His net worth can buy 64.4 Million troy ounces of gold or 1.16 billion barrels of crude oil. He is the equivalent of 5.51% existing home sales. As the “Oracle of Omaha,” Warren Buffett demonstrated his great talent in business abilities. He feels we all get the same stock by the same dollar. Having formed the Buffett Partnership Ltd. in 1956, and by the time 1965 rolled around he had gained control of Berkshire Hathaway, as well as a conglomerate holding media, insurance, energy, food, and beverage industries.