Great Nebraskans: Warren Buffett
The Royals could use his arm AND investing advice. (Three years, $36 million for Jose Guillen?)
(Born August 30, 1930 in Omaha) The “Oracle of Omaha” Warren Buffett has lived most of his money-making life in Omaha as the head of the holding company Berkshire Hathaway. Rufus isn’t sure where he stands now that the economy went completely into the crapper, but Forbes listed him as the richest person in the world in the first half of 2008.
That’s the richest in the WORLD, and he comes from Nebraska.
Is he still worth $62 billion, especially now that the Berkshire Hathaway stock has tanked like the rest of them (now it can be picked up at the bargain price of $89,000 a share)? Who cares? He’s stinking rich and had a good run – or a better run than Bernie Madoff. Before the meltdown, Buffett was worth more than the Gross Domestic Products of 13 states.
Here’s what Rufus really likes about Buffett: Like most Nebraskans, he values the “American Dream” of hard work equaling a reward if it doesn’t equal death (which to some laborers is still a reward). Plus, he has enough balls to say screw the rich while being stinking-filthy rich himself.
“I don’t believe in dynastic wealth,” he once said. “I want to give my kids just enough so that they would feel like they could do anything but not so much that they would feel like doing nothing.” In Nebraska, that’ dollar figure comes to about $20,000, so what’s he going to do with the rest of his $62 billion. He’s giving most of his wealth away to charity – namely the Bill and Melinda Gates foundation.
He’s giving it all away to those in need. When you’re truly the big brother, it’s always important to make sure the little brother always wins in the end.
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