Monday, April 11, 2011

Warren Buffett: World's 3rd Richest Man

The world's third richest man, next to Bill Gates and CEO of Berkshire Hathaway, a conglomerate with an annual revenue of over $136 Billion. Warren Buffett is not only a very successful investor and businessman, but also a philanthropist that despite his amassing of billions of Dollars, is still very much a down-to-earth, and frugal individual when it comes to his personal life.

He is said not to socialise with the high society crowds but instead, drives his own car to the same home he has had for years, in a small 3 bedroom house in mid-town Omaha that he bought when he got married 50 years ago, and spends his relaxing times at home eating popcorn he makes himself and watching television.

When asked about leaving his material wealth behind as he has once pledged to give away 99 percent of his fortune to charity, he once commented, "I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing".

He has inspired many future entrepreneurs by both his business and personal ethics, and his views on how best to handle wealth.

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