Men who choose a simple life, although they have 88 billion dollars in assets.


Luxury living in a wall of treasure must be everyone’s dream, but not for Warren Buffet. He is one of the richest men in the world who doesn’t like a luxury. For him, his ability in financial terms is not an excuse to live in a magnificent and expensive house. He prefers to live in a modest house that he bought for $ 31,500 in 1958.
It’s unbelievable indeed, a famous CEO lives with billions of money choosing to live in Omaha, Nebraska in a $ 700,000 gray cement house.
In a house of no more than 6000 feet that Warren hits the billions of dollars. In addition to the ring for his two wives, he called this house an investment that he never regretted.
The house is not like a luxury house in general, with an average area of 10,000 square feet. It is considered smaller than luxury homes in general.
What is the reason for staying with his small house, he expressed his reason when interviewed by the BBC. He argued that living in a simple room made him more peaceful and happy.
” I like it there. I will move if I think I will be happier elsewhere. How can I improve my life by having 10 homes around the world? I am warm in winter, I am cold in summer, comfortable for me. I can’t imagine having a better home.” As he said to BBC. Warren Buffet said that rich people in America pay taxes below the general standards set by the state.

Buffett told CNBC’s during a “Squawk Box” interview.
“The wealthy are definitely undertaking relative to the general population, we have more specialized, the rich will get richer. The question is: How do you take care of a guy who is a wonderful citizen whose father was edited in Normandy and just doesn’t ‘ t have marketable skills? I think the income tax is the best way to address it.

Alexandria Ocasio-Cortez, D-N.Y., As one of the public lawmakers is pushing for higher taxes on the wealthy to bridge the growing gap between the rich and the poor. She recently proposed a 70 percent marginal tax on income over $ 10 million.

“They have an income that is the value of their stock, which if they don’t sell it, it doesn’t show up, it shows over the capital gains side, So the ability of hedge fund people, various people – they aren’t paying for that ordinary income rate “, Bill Gate said. His remarks showed that he claimed the actions taken by Ocasio Cortez by reducing taxes for the rich were meaningless.

Higher tax proposals were also supported by Elizabeth Warren and Bernie Sanders as Democratic Presidential. Elizabeth Warren has proposed an “ultra-millionaire” tax on the wealthiest families in America, while Bernie Sanders wants to jack up the estate tax for rich heirs.

“I think it’s really stupid for a state to drive the rich people out,” Munger told CNBC’s Becky Quick in an interview Thursday. This comment triggered Warren Buffet’s reaction.


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