1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

All about Buffett -- Warren, not Jimmy

June 28, 2006

Warren E. Buffett wears rumpled suits, drives his own car and drinks Cherry Coke. He also used to be the second-richest person in the world, worth $44 billion. Sunday, he announced he was giving away $37 billion of his fortune. After the giveaway, he'll be about the world's 60th richest person.

For those keeping score at home, he'd still be the 30th richest American.


Walk this way

According to most reports, Mr. Buffett is just like you and me, except that he's worth the equivalent of the gross domestic product of several small countries.

He's 75 years old, and lives with long-time companion Astrid Menks, who was a waitress in Omaha, Neb., at the French Cafe, which has been called that city's "crown jewel and a port of call for the rich and famous" by the Midlands Business Journal.

It was Mr. Buffett who said, "I always knew I was going to be rich. I don't think I ever doubted it for a minute."

He also said, "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."

Read the complete article


Rating: 4.5/5 (2 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK