Warren Buffet Doesn't Spend His Billions

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  • čas přidán 29. 10. 2020
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    The Oracle of Omaha himself, Warren Buffett, lost $21 billion in just a few short months. Miraculously, the investing icon is STILL worth more than the entire GDP of Croatia, Bolivia, AND Uruguay.
    With a tear-jerking $81 billion to his name, the stock market guru puts the majority of so-called wealthy celebrities to shame. As the saying goes, you gotta spend money to make money, and Warren Buffett’s been spending money in all the right places for decades. As you're about to see, not every rich celebrity is focused on fast cars and private islands.
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Komentáře • 613

  • @westechmedia4567
    @westechmedia4567 Před 3 lety +486

    How Warren Buffet Spends His BILLIONS
    Answer: He doesn't

    • @Zalim24
      @Zalim24 Před 3 lety +12

      He does but in his business

    • @Mattsx03
      @Mattsx03 Před 3 lety +2

      He Warren Buffet DOESN'T spend his BILLIONS!

    • @prprhrhe8366
      @prprhrhe8366 Před 3 lety +16

      He actually spent more on charity than on himself or his family! This man is a real role model. He is way too smart to spent his money on brand names or luxury stuff that doesn't equate to the price. He is not frugal, he is just smart. No frugal man would spent billions on charity.

    • @seanb286
      @seanb286 Před 3 lety

      The End

    • @hottesgirls5730
      @hottesgirls5730 Před 3 lety +1

      @@prprhrhe8366 How is it smart to not spend money on nice things when ur that old and have billions anyways? Why not enjoy the money.

  • @94462
    @94462 Před 3 lety +323

    This guy values knowledge more than anything, he reads 500 pages a day, he is not materialistic at all...

    • @retope4495
      @retope4495 Před 3 lety +10

      what's the point not joining that money? he is old and still dont enjoy life

    • @hottesgirls5730
      @hottesgirls5730 Před 3 lety +7

      Yea what’s the point of not spending it on nice things when ur this old and have that much?

    • @heikkijooga6233
      @heikkijooga6233 Před 3 lety +1

      Well he enjoys making it, all this spending is fucking nuts anyway

    • @torizo8763
      @torizo8763 Před 3 lety

      If i only know how to get into this type of business industry &@^#

    • @animated.strength
      @animated.strength Před 3 lety +7

      @@retope4495 maybe giving IS him enjoying life. Not everyone wants to buy things. He likes spending time with people he loves, friends and family

  • @moshaman8370
    @moshaman8370 Před 3 lety +93

    Billionaires keep their financial status by spending less,Buying assets and investing but personally I recommend you do a background check up on your source before you invest,Ensure you are investing through a solid foundation source to avoid blowing money away

    • @jacksondougan476
      @jacksondougan476 Před 3 lety

      I like how you think,Endeavor to do your research before you damble into investment,Too many scam brokers out there

    • @hedamjohnson5030
      @hedamjohnson5030 Před 3 lety +2

      Billionaires stay productive because they go into investment that generates vital income,investing often leads to favorable outcomes,since saving doesn’t multiply money the only reason you should save is to invest wisely

    • @karlaluke9472
      @karlaluke9472 Před 3 lety +1

      @@jacksondougan476 i have lost investing with numerous freelance brokers on here,I’m still trading and learning to improve my technique,i just need to do my research on a more reliable source to earn through

    • @toryrobert6335
      @toryrobert6335 Před 3 lety +1

      @Noori Hansen investing with Wilson has been my best move trading,i make more through her than i do from my job

  • @a1lewis4
    @a1lewis4 Před 3 lety +57

    I use to work for him when I was at Shaw Flooring. Absolute stand up guy and is loved by everyone.

  • @hridayhoney6080
    @hridayhoney6080 Před 3 lety +77

    He is so humble and generous.....

  • @neilxdavis5359
    @neilxdavis5359 Před 3 lety +222

    I know he's sad about selling that 10% for $800

    • @Therichest
      @Therichest  Před 3 lety +26

      Shark Tank lessons

    • @neilxdavis5359
      @neilxdavis5359 Před 3 lety +2

      @Alexandre Bojinov like what?

    • @changinglanes3858
      @changinglanes3858 Před 3 lety

      Yeah right but that's if you have a very good broker. If not you'll loose money instead

    • @bender8115
      @bender8115 Před 3 lety

      That's why I'm always investing with Huffman'sTradingServices, not only because he's good but his services are top notch as well 👌

    • @thebearablebull4883
      @thebearablebull4883 Před 3 lety

      You trade with Mr Huffman too? Wow that's great, I actually thought I'm the only one that knows him lol

  • @02wrxfan20
    @02wrxfan20 Před 3 lety +51

    Picture Warren saying to Lebron “I’m 100 times richer than you”

  • @archiem9234
    @archiem9234 Před 3 lety +127

    My parents put about $20k into shares in their friend’s company they then sold them for $100k later on however if they had kept them they would be 20 million dollars richer.

    • @kk-qp6th
      @kk-qp6th Před 3 lety

      This is just a joke

    • @wally139
      @wally139 Před 3 lety +19

      @@kk-qp6th What do you mean a joke it could be true. A lot of businesses grew a lot after years. Like if you invested in apple 20 years ago you returned more than 100 times your investment

    • @ruripapi
      @ruripapi Před 3 lety +2

      @@wally139 could be a billionaire btw

    • @shuffaristeffree3252
      @shuffaristeffree3252 Před 3 lety +3

      Wise word ,, consistent, patient is the importance key in economics. .

    • @5pecialFX
      @5pecialFX Před 3 lety

      What company sir?

  • @VampirusX
    @VampirusX Před 3 lety +34

    This man has clear priorities. I would spend my money on property and cars. Who needs to own more than one plane?!

    • @INICK84
      @INICK84 Před 3 lety +2

      I mean if you have that much money 1 or 2 planes might not hurt

    • @INICK84
      @INICK84 Před 3 lety +2

      I’d spend my money on cars, houses and cool business investing

    • @georgewbushcenterforintell147
      @georgewbushcenterforintell147 Před 3 lety +3

      When you are worth 100 billion dollars you realize time is priceless as is your personal time is worth alot .every hour you don't work being WB you could of made 100000$ . When you or I don't work or have free time we lose 20$ an hour .

    • @principe.5116
      @principe.5116 Před 3 lety

      me

  • @MiguelAngel-xi4my
    @MiguelAngel-xi4my Před 3 lety +386

    The rich stay rich by investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich

    • @claralopez8061
      @claralopez8061 Před 3 lety +2

      Well said💯

    • @choicelink2285
      @choicelink2285 Před 3 lety +1

      You're right, investing is the key

    • @ryder7634
      @ryder7634 Před 3 lety +7

      Exactly.. investment is the best way to grow your wealth, I held stocks for a long time and invested in bitcoin, I'm 22 and I have about $48,000 investment profit despite the pandemic. It's really life changer

    • @harryemil4121
      @harryemil4121 Před 3 lety +1

      @@ryder7634 wow that's nice how did you reach that so fast?

    • @abdulatifsayegh2355
      @abdulatifsayegh2355 Před 3 lety +2

      It can be said a little simoler, if you want to be rich then focus on saving and investing, if you want to be poor then focus on spending

  • @INICK84
    @INICK84 Před 3 lety +59

    He has worked his entire life to be this rich!!! I wouldn’t even know what to do with that money 💰

  • @Gregab
    @Gregab Před 3 lety +70

    The crazy fact that he's been living in the same home since 1958 is insane 😱

    • @INICK84
      @INICK84 Před 3 lety

      Yeah for real

    • @user-dv2dj6of8h
      @user-dv2dj6of8h Před 3 lety +4

      The crazy fact that he's been living in the same home since 1958 is insane 😱

    • @joyt841
      @joyt841 Před 3 lety +4

      The crazy fact that he's been living in the same home since 1958 is insane 😱

    • @hedisonedet1000
      @hedisonedet1000 Před 3 lety +1

      Is crazy for u not buffet

    • @shahrulamar5358
      @shahrulamar5358 Před 2 lety +1

      @@joyt841 Many American presidents were living in the same house since 18th century.

  • @techmonster3323
    @techmonster3323 Před 3 lety +51

    Still have mad respect for this man even though he lost a bit of money!

    • @mrboombastic6527
      @mrboombastic6527 Před 3 lety +5

      lost a bit of money ? he's worth nearly $90 Billion

  • @nicholasalexander9907
    @nicholasalexander9907 Před 3 lety +156

    Despite the economic crisis and the rate of unemployment now is the best time to invest

    • @markgreg5743
      @markgreg5743 Před 3 lety +1

      Crypto is the future 🚀

    • @richardtim3932
      @richardtim3932 Před 3 lety +1

      That won't bother you if you trade with a Professional like Mrs Julian Bezos

    • @sandyderek8931
      @sandyderek8931 Před 3 lety

      I heard her trad'ing strategies are really good

    • @mattbruce5801
      @mattbruce5801 Před 3 lety

      @@sandyderek8931 Yeah

    • @katienoel1137
      @katienoel1137 Před 3 lety

      My investment with Expert Julian Bezos gave me profits of over $24 ,320 Us dollars and ever since then she has been delivering

  • @neilxdavis5359
    @neilxdavis5359 Před 3 lety +267

    I just need a day's worth of his money 😂.I make skits by the way

  • @blacksamurai771
    @blacksamurai771 Před 3 lety +14

    Imagine being so rich that a person with a $450 million net worth seems poor to you.

  • @Jay-nn3yu
    @Jay-nn3yu Před 3 lety +12

    How is the whole networth of a guy spent......u are clickbaitng us!!!!!!!🙄🙄

  • @cindyk4922
    @cindyk4922 Před 3 lety +89

    Saving your money and investing it into stock market will be the wisest thing to do to ensure success

    • @kirstye8170
      @kirstye8170 Před 3 lety +1

      Totally agree it is by far the easiest to access and does not involve physical labour.

    • @ethandavis520
      @ethandavis520 Před 3 lety

      @@kirstye8170 Share your personal success stories

    • @kirstye8170
      @kirstye8170 Před 3 lety

      Bitcoin indeed has come to stay, just look at the effect it has had over the pandemic and economic crisis. It still stood it's ground. I've had my coinbase account for 5 years now and trading has had its positive impact.

    • @ethandavis520
      @ethandavis520 Před 3 lety

      Bitcoin has indeed proved beyond all doubt that it is worth generating wealth over a short period when done right

    • @ethandavis520
      @ethandavis520 Před 3 lety

      Impressive, most definitely Bitcoin was $31k as of yesterday but today it was $33k

  • @herdi1510
    @herdi1510 Před 3 lety +9

    I'm Trying to be like him. not spending money, just investing it

  • @RicheDonDada
    @RicheDonDada Před 3 lety +7

    I know you asked if you ever invested in the stock market and the answer is yes! I bought my first stocks at Publix Supermarket when I was 14.

  • @Commando303X
    @Commando303X Před 3 lety +6

    "Timing the market" is precisely the phrase that Warren Buffett would immediately dismiss.

  • @shrutitalks2
    @shrutitalks2 Před 3 lety +1

    Nice video!! Waiting for anothet

  • @davesy6969
    @davesy6969 Před 3 lety +2

    I was left £1,000 in the 70s from my grandfather's will , if i had invested it in computers instead of buying a bmw r75/7 to work I'd be a multi millionaire now.

    • @blacksamurai771
      @blacksamurai771 Před 3 lety

      I feel bad, missed out on a once in a lifetime opportunity... It sorta happened to me also, Im 10 and I have been investing, when I first started investing, I wanted to get GameStop stocks. My parents said that it would go out of business soon because of the pandemic. Well look at GameStop now, it’s booming.

  • @TheAppsFox
    @TheAppsFox Před 3 lety +9

    I may need to borrow a leaf from Warren Buffet in the future. Nice video.

  • @sherlyntehlaylian6273
    @sherlyntehlaylian6273 Před 3 lety

    So nice video ❤

  • @DanSolovei
    @DanSolovei Před 3 lety +1

    We all love Warren! Great example to follow!

  • @kyuseohong3646
    @kyuseohong3646 Před 3 lety +27

    Money is nothing when life is end.
    So, Go spend ur money, or give it to me

  • @kabiattar
    @kabiattar Před 3 lety +1

    I am 29 yr old and I proudly say that now I am financially free now I have 1.5 million net worth and it continuously increasing thanks to god

  • @WanderlustWithT
    @WanderlustWithT Před 3 lety +29

    Bro, how do you even spend 1 billion, nevermind 67 billion, that's insane!

  • @pushprajrao106
    @pushprajrao106 Před 3 lety +4

    Buffet should be more famous than other celebritys he has donated so much for good causes film star are just reel heroes

    • @hottesgirls5730
      @hottesgirls5730 Před 3 lety +1

      Idk where ur from but in the USA he’s pretty well known bud

    • @pushprajrao106
      @pushprajrao106 Před 3 lety

      @@hottesgirls5730 I'm from India he is more popular bhere

  • @kingdonaltron
    @kingdonaltron Před 3 lety +4

    I love Buffet. Period. If he wasnt famous. You wouldn't even know he is one of the richest ppl to ever live.

  • @Adaire8672
    @Adaire8672 Před 3 lety +3

    I think of invest into the stock market but I wonder if you have to be located in the United States to pay part into the stock market

  • @nothing9220
    @nothing9220 Před 3 lety +1

    Not only money but He is rich by heart

  • @EnglandEngland-cr2sh
    @EnglandEngland-cr2sh Před 3 lety +2

    Great humble most active mentally ,physically

  • @wooferjr169
    @wooferjr169 Před 3 lety +6

    He is a Mr Beast Boomer but without a social platform to show it.

  • @ccvr6
    @ccvr6 Před 3 lety

    What is the name of the song at 5:40?

  • @zmitch88
    @zmitch88 Před 3 lety +6

    Congratulations in your retirement sir, regards and 🙏

  • @e30tomas54
    @e30tomas54 Před 3 lety +5

    "frugal saver"
    "Has a fleet of privet jets"
    Choose one.

    • @FreedomCobra
      @FreedomCobra Před 3 lety +5

      He seems to be frugal in that he doesnt use his money to boost his ego. His cadillac is an average car and owning private jets probably allows him to travel without waiting in long lines.

    • @rockyevans1584
      @rockyevans1584 Před 3 lety

      I think when youre that rich, a fleet of private planes is frugal. Its all relative

  • @vixinite
    @vixinite Před 3 lety +1

    I’m from Omaha!!!! HELL YEA

  • @terrencet202
    @terrencet202 Před 3 lety

    0:06 no, i cant even imagine the feeling of actually having $21 billion

  • @petersampson5202
    @petersampson5202 Před 3 lety +1

    I AM VERY PROUD OF YOU WARREN AND VERY HAPPY FOR YOU.

  • @grahamwarford5452
    @grahamwarford5452 Před 3 lety +2

    Billions in bank. Buys a big Mac.. ♥️ this guy...giving most of his stocks to charity.. well done sir..♥️

  • @ashleydsouza5376
    @ashleydsouza5376 Před 3 lety

    Ben Graham is actually Allan Greenspan in ur video

  • @youngsikkim6224
    @youngsikkim6224 Před 3 lety +1

    If you humble like him atleast you wont be broke

  • @siliconview
    @siliconview Před 3 lety

    Great person! I get inspired by watching his simplicity. A Billionaire and billions to learn from him.

  • @logixplayz8615
    @logixplayz8615 Před 3 lety

    just what a great person. if only 1% of people were like him it would be a while different world

  • @gabriellewis6977
    @gabriellewis6977 Před 3 lety

    I like this guy he is humble

  • @fahadnazir3912
    @fahadnazir3912 Před 3 lety +2

    Do you help the poor? God bless you

  • @IsaacGicovi
    @IsaacGicovi Před 3 lety

    Yes I have invested in stock market but markets are different here in Africa

  • @Commando303X
    @Commando303X Před 3 lety

    Bear in mind that, through the 2010s, Berkshire Hathaway has quite consistently under-performed the S&P-500 index. Not saying it's a problem, but that it is important.

  • @georgewbushcenterforintell147

    One of my fav WB things..he still believes in fax machines .

  • @Amit_Shikari
    @Amit_Shikari Před 3 lety +2

    Saving is a habbit once u get use to of it, its really very hard to spend, whenever you save a adequate amt to fullfil ur instant gratification u mind will tell u dont buy that iPhone instead buy iPhone's stock. I am the real example of it. 😅😅

  • @Hxcker_Nico
    @Hxcker_Nico Před 3 lety

    bruh i watch a warren buffet video and an ad says "ThIs Is WhY YoU DoNt LiStEn To warren buffet" wtf

  • @candiceperry7916
    @candiceperry7916 Před 3 lety +1

    Warren Buffet is an awesome guy

  • @dirtblock3508
    @dirtblock3508 Před 3 lety +6

    But... But!!!
    But me?!
    Me: but.... Give me this mony now!

  • @Itristen
    @Itristen Před 3 lety

    Im watching this and I see a Warren Buffet ad

  • @josephpillion2252
    @josephpillion2252 Před 3 lety +2

    Do how James Hetfeild spent $300m

  • @alanpacheco826
    @alanpacheco826 Před 3 lety +5

    I would start spending my money if im 90 years old!

    • @krieggilthunder4772
      @krieggilthunder4772 Před 3 lety

      Right! What are you waiting for old man spend those billions and leave not a cent left for your family 😉

    • @wally139
      @wally139 Před 3 lety

      Would be pretty cool to gamble all those billions on stock options and either lose it all or be a lot richer

    • @rockyevans1584
      @rockyevans1584 Před 3 lety

      Thats easy to say if you arent 90

  • @DLR24
    @DLR24 Před 3 lety +2

    Imagine if he started trapping zaza or blow instead of coke😭, el chappo 2.0

  • @susanbananaIlovebananas

    I have always lived extremely under my means..and lost 3 homes and never been late or behind on a single bill. Life is not always nice even to the. Responsible people like me!

  • @JaeWest
    @JaeWest Před 3 lety +1

    With him it's never been about the money. It's about the investing game.

  • @advancedbeing5407
    @advancedbeing5407 Před 3 lety

    Jeff Bezos roll up to the White House like: hippity hoppity I can buy your property

  • @josephpillion2252
    @josephpillion2252 Před 3 lety +4

    Do how Lars Ulrich spent $350

    • @jkf3169
      @jkf3169 Před 3 lety

      He better spend them on a drum course

  • @mdnensudin5309
    @mdnensudin5309 Před 3 lety

    Wow..wow.....🌷🌷

  • @Dylan-hc2lu
    @Dylan-hc2lu Před 3 lety +1

    116 billion sitting in his bank? No thats his whole networth not his spare cash

  • @joshuaarcher2257
    @joshuaarcher2257 Před 3 lety +4

    Elon went from 90 billion to 185 billion in just 2 month’s 🤯

    • @lavonnealexander6936
      @lavonnealexander6936 Před 3 lety

      😂😂😂😂😂😂

    • @Bee_Healthier
      @Bee_Healthier Před 3 lety

      He also quadrupled factory accidents and safety risks by removing necessary yellow warning lnes and fume labels, His reasoning for literally killing his employees; He doesn't like the color yellow. FACT

  • @infinitemight7040
    @infinitemight7040 Před 3 lety

    Great Man, Great wealth. Awesome.

  • @weso2103
    @weso2103 Před 3 lety +3

    He ordered from fast food himself?
    He need to pay Uber

  • @worldofsports4426
    @worldofsports4426 Před 3 lety +12

    67 Billion? aaaah *pocket money*

    • @davoid96
      @davoid96 Před 3 lety

      My lunch was 67 billion

    • @blacksamurai771
      @blacksamurai771 Před 3 lety

      Imagine being so rich that 67 billion dollars is pocket money to you

  • @alexmares3148
    @alexmares3148 Před 3 lety +2

    He spends it.
    He just keeps a low profile.

  • @streetfashion8328
    @streetfashion8328 Před 3 lety +1

    Wow, amazing that you are. 👍🤩👏😍🤑💰💹💵💲

  • @amitesh24
    @amitesh24 Před 2 lety +1

    His salary is low so that he can avoid paying a huge sum of taxes, he gets other increments from his company. It's the oldest trick in the book

  • @Justice4Donnie
    @Justice4Donnie Před 3 lety +2

    10:04 ??? Really???

  • @mrgod5139
    @mrgod5139 Před 3 lety

    He just loves working okay
    He’s doing what he loves most
    he doesn’t hurt anybody
    so who cares how rich you will become

  • @switchbranch8411
    @switchbranch8411 Před 3 lety +1

    These men don’t have 10s of billions sitting in the bank. It is the value of the shares in said companies they own. They can’t simply sell these shares either, as it would seriously hurt the companies.

  • @shokprof2064
    @shokprof2064 Před 3 lety

    💯

  • @vincyman80
    @vincyman80 Před 3 lety +1

    Very cool guy.

  • @kanyegardner6503
    @kanyegardner6503 Před 2 lety

    Where the video is from on buffet I would love to listen to his thoughts

  • @jakewellman8640
    @jakewellman8640 Před 3 lety +1

    🐐

  • @longchinith7022
    @longchinith7022 Před 3 lety

    Really great

  • @xpengfangirl7942
    @xpengfangirl7942 Před 3 lety +2

    buffet doesnt spend more than 45k on a car because he knows about Xpengs, for a while now

  • @Av-dz1io
    @Av-dz1io Před 3 lety +1

    LIKE THIS

  • @anthonysciabarrasi2611

    how do i get into the insider trading party?

  • @zmitch88
    @zmitch88 Před 3 lety

    Ok... 💯 ✅

  • @chadricrobertson8496
    @chadricrobertson8496 Před 3 lety

    Finally ,,thoughts about NOT FUMBLING THE BAGG...

  • @pahanin2480
    @pahanin2480 Před 3 lety

    Why would a company care about its stock price if it doesn’t issue dividend?

  • @justsomepersononyoutube9271

    What are you guys gonna do for Halloween tomorrow

    • @INICK84
      @INICK84 Před 3 lety +1

      Work and edit CZcams videos!!

    • @INICK84
      @INICK84 Před 3 lety

      You ???

  • @alpzepta
    @alpzepta Před 3 lety

    That’s Cadilac still nice compare to Honda though but yes, if I am billionaires I don’t need a $100,000 car to feel good

  • @jefferygodsboy01
    @jefferygodsboy01 Před 3 lety

    On God ❤️🙌🏾🙏

  • @jamescole3524
    @jamescole3524 Před 3 lety

    i always wondered where my 401k was going

  • @SEUSUF3
    @SEUSUF3 Před 3 lety +1

    Mini helpful world from Du

  • @noor3934
    @noor3934 Před 3 lety

    yes

  • @BW-kv9wj
    @BW-kv9wj Před 3 lety

    Did you notice, no computer on his desk.

  • @tancolvis5240
    @tancolvis5240 Před 3 lety +1

    if they going to give all wealth to charity then pledge all his shares to them to gain more wealth.

  • @mayank_upadhyay_19
    @mayank_upadhyay_19 Před 3 lety +8

    The fact that this guy drive's his car himself is fuckin crazy

  • @josephpillion2252
    @josephpillion2252 Před 3 lety +3

    Do how Brad Pitt spent $300m

  • @auro1986
    @auro1986 Před 3 lety

    it's his maths skills

  • @peterghai2466
    @peterghai2466 Před 3 lety +1

    He spends the interest, u can't take with u.

  • @hameeda1
    @hameeda1 Před 3 lety +7

    Fun Fact: Jeff Bezos makes in 15 minutes what Warren makes in 24 hours

    • @anishadamane4179
      @anishadamane4179 Před 3 lety +4

      Jeff Bezos is paper rich Warren is Asset rich

    • @cm-15
      @cm-15 Před 3 lety +2

      @@anishadamane4179 Jeff Bezos is also asset rich. Almost every billionaire especially the top ones are almost completely asset rich because no bank will hold that much money.

    • @anishadamane4179
      @anishadamane4179 Před 3 lety +1

      @@cm-15 Amazon stock is just an asset on paper

    • @cm-15
      @cm-15 Před 3 lety +1

      @@anishadamane4179 that goes for anything really

    • @anishadamane4179
      @anishadamane4179 Před 3 lety +2

      @@cm-15 What I am saying is Warren Buffet gets dividends but not Jeff Bezos

  • @sammyhamawi5940
    @sammyhamawi5940 Před 3 lety +1

    Babe, where's my passport on youtube