The popular billionaire, Warren Buffett, gives an important sign of affection to his relatives by giving them a Christmas gift of $10,000 in cash.
By MiamiDiario Newsroom
always gave us $10.000 each in $XNUMX bills," said Mary Buffett, who was married from 1980 to 1993 to Warren Buffett's son Peter, recently blogged about investing in America. "As soon as we got home, we would spend it.
They must have been good times. Being able to give $10.000 to your loved ones every year. Only they would spend it right away... Yes, Warren Buffett's investor and philanthropist would have less.
So something was invented. «One Christmas there was an envelope with a letter from him,” says Mary. «Instead of cash, he had given us $10.000 in stock in a company he had recently bought, a Coca-Cola trust. He said that he either collected them or kept them.
Despite the urgency of being able to spend the amount, Maria also became convinced that those actions could be more valuable than a new wardrobe and some heels.
Every year when he gave us stocks – Wells Fargo is one of them – I would buy more because I knew it was going to go up. So Buffett needed a couple of years from Christmas, but he managed to make his entourage aware of what he was doing, and to deal with it wisely.
In the Bloomberg Billionaires Index, Warren Buffett ranks fourth with almost $90.000 billion in paper assets.
With information The opinion