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Monday, 21 January 2013

Thought you knew - Billionaire Warren Buffet still lives in modest N5million House


 Even though he is recognized as the world’s third richest man with a fortune of $46 billion, investor Warren Buffet, the ‘Wizard of Omaha’ still lives in the same modest home he bought in 1958 for $31,500. That’s a Nigerian sum of approx 5 Million Naira. (I'm 100% sure you won't get a plot of land so cheap in the heart of Lagos)

Despite his wealth giving him almost limitless property options, the famously frugal and modest Buffet, 82, lives in a well-kept gray stucco house in the Dundee-Happy Hollow Historic Distrcit of Omaha, Nebraska.There is no gate, no security guard and no surveillance cameras protecting the home of one of the most powerful men in the world and was last assessed as being worth $700,000 – although the billionaire believes that valuation to be optimistic.

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