March 14, 2010

Third Richest-Man in the World's Simple Home

What if you are one of the world richest men in the world?

Everytime I am on the state of dreaming that I am filthy rich, I see myself as someone who lives in a multi-billion mansion, with maids, enjoying all the luxuries in life and basically living like a princess. I think all of us would love to have that kind of life if we can afford it, right?

When I was browsing the net this morning, I came across about a story in yahoo about where do billonaires live. One of them caught my attention. He is Warren Buffett, the legendary investor and the world's third richest-man. With his 47$ billion fortune he still lives in his own house in Omaha, Neb.'s Happy Hollow suburb , which he bought in 1958 for $31,500. We all think all rich people live a really modest lives but look at this man. He didn't go crazy buying all the luxury stuffs and making a ridiculous mansion that he doesn't need even if he is already filthy rich.

Reading Buffett's story made me realize that being frugal is a virtue. Even if we already have a lot of money, we don't really have to buy the unnecessary things just for the sake of competition and showing off. I do salute this guy for being such a good example to everyone on how to manage money and life wisely! Kudos to you man!