Have you ever imagined a billionaire eating the same cheap simple breakfast every day? I bet you haven’t. The word billionaire triggers images of money, expensive cars, large mansions, and lavish clothing. All these things are beyond the reach of the average man. A lavish restaurant serves them a 5-course mouthwatering meal. Let us introduce you to Warren buffet, a frugal billionaire who almost eats breakfast at McDonald’s every day.
But what if we tell you that there’s a billionaire who eats McDonald’s as his breakfast every day? Yes, you read it right. So keep on reading to find out more about this astonishing billionaire and his daily life.
Who Is Warren Buffet?
Warren Buffet is one of the world’s wealthiest billionaires. He is an American business magnate, investor, and philanthropist who is known as the world’s sixth wealthiest person. He is the chairman and the CEO of Berkshire Hathaway, having a net worth of $100 billion. He is also known as the world’s most successful investor. He is 92 years old and lives in Omaha, Nebraska.
Why – Does Warren Eat Breakfast At McDonald’s Every Day?
Warren was asked this question in an interview, and he replied that he finds McDonald’s much more enjoyable and that it is his favorite meal. According to him, McDonald’s is much more flavorsome than the expensive meals that his fellow business partners prefer. He also said he doesn’t like wasting money on an expensive meal when he can enjoy something more delectable from McDonald’s. Warren also revealed that he owns a McDonald’s card that enables him to eat unlimited meals at McDonald’s, and the card never expires, but there’s a downside to this the card only works as long as he is in Omaha.
What – Does Warren Eat For Breakfast At McDonald’s?
Warren eats the same breakfast every day from McDonald’s, which does not cost more than $3.17. In an HBO documentary, he said that he asked his wife to put $2.61, $2.95, or $3.17 in a cup in his car while getting ready in the morning for the office. Each amount represents one of his 3 favorite go-to meals. He says that if he’s not feeling much prosperous in the morning, he goes for $2.61, for which he gets two sausage patties. He puts the two patties together and has them with a glass of coke. For the second option, he says that if the stock market is doing good in the morning, then he’ll opt for $3.17, for which he gets a bacon, egg, and cheese biscuit. Lastly, he said that if the day is either not good or not too bad, he’ll have an egg with cheese costing $2.95. Anyhow the billionaire states that he does not spend a penny above $3.17 on his breakfast.
How Does Warren Live A Frugal Life?
Even though Warren is a billionaire, you can never tell this by looking at his lifestyle. The 92-year-old billionaire enjoys a simple lifestyle. He still lives in the 5-bedroom house that he bought 50 years ago. He drives to his office in an ordinary vehicle and eats simple food. The only lavish thing he owns is his private jet for travel. Once, the billionaire told some university students that his life was no different than theirs. He eats the same food as them, goes to his office in an ordinary vehicle, and reads the same newspaper. Warren believes that one should try and find happiness in little things in life. According to him, money cannot buy happiness. He feels those who love money, luxury, and lavish items are owned by their possessions and assets, not the other way around.
Does Warren Own McDonald’s?
Yes, the frugal billionaire who eats McDonald’s breakfast did own some shares in the food chain but unfortunately sold them. It began in Hong Kong with Warren, bill gates, and a McDonald’s outlet. The franchise requested Warren to buy some of their shares, so Warren bought shares worth $30 million from the food chain in 1996. After a few years, there was a two-for-one stock share split, and the amount ended up being doubled, which is $60 million in today’s terms. Shortly after this, Warren disposed of all his McDonald’s shares but not before gaining a handsome profit from them.
How Did Warren Get Rich?
Warren has been working since he was 11. He used to sell bubble gums and coke from door to door. He made his first investment when he was 11 and bought $35 worth of stocks. He saved all this money and bought a farm. In high school, he earned money by delivering papers, starting a pinball machine company, and by using many other ways. At the end of college, he earned $9,800. Warren worked as a stockbroker in college and formed many partnerships during this time. He made his first partnership when he was 26. He contributed $100. He continued forming different partnerships and was a millionaire by the time he hit 30. Warren combined all his partnerships into one entity. In 1962 he went on to buy stocks in a company called Berkshire Hathaway and, after some time, bought the whole company. The company wasn’t very profitable, but it became a stock vehicle for Warren.
In Closing
The frugal billionaire who eats McDonald’s breakfast every day didn’t take frugality as something shameful. He is an excellent example for all those who think that money and luxury can buy happiness. So, if you ever asked about a frugal billionaire who eats McDonald’s breakfast daily, don’t hesitate to mention Warren Buffet.
Feature Image: Pixabay
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