Warren Buffet was the richest man in the world in 2008, and currently the second to Bill Gates who has maintain the status for more than decade. Buffet is known as the “Oracle of Omaha,” one of the most successful investors of all time.
His Berkshire Hathaway owns more than 60 companies, including Geico, Duracell and Dairy Queen.
The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.
He has committed to giving more than 99% of his fortune to charity. So far he has given nearly $32 billion.
With friend Bill Gates, he launched The Giving Pledge, asking billionaires to donate their wealth.
The Legendary investor Warren Buffett visits the restaurant every day for breakfast and never spends more than $3.17.
On his five-minute drive to the office, which he’s been doing for the past 54 years, Buffett stops by McDonald’s and orders one of three items.
“I tell my wife, as I shave in the morning, I say, ‘Either $2.61, $2.95 or $3.17.’ And she puts that amount in the little cup by me here [in the car],” he explains in HBO’s documentary, “Becoming Warren Buffett.”
Each amount corresponds with a different option at McDonald’s. For $2.61, he can get two sausage patties, $3.17 gets him a bacon, egg and cheese biscuit and $2.95 buys him a sausage, egg and cheese biscuit.
Buffett keeps it frugal even when treating his friends to lunch. In Bill and Melinda Gates’ 2017 annual letter, which they addressed to longtime friend Buffett, Bill tells the story of a particularly economical lunch Buffett took him out for years ago.
“Remember the laugh we had when we traveled together to Hong Kong and decided to get lunch at McDonald’s? You offered to pay, dug into your pocket, and pulled out … coupons!” he writes.
Both Buffett and Gates are frequent enough patrons to Mickey D’s that they’ve earned the chain’s coveted Gold Cards. In a 2007 interview with CNBC, Buffett shared the contents of his wallet, showing off his card, which lets him eat for free at any McDonald’s in Omaha for the rest of his life.
The cards are rare. While Buffett’s is only good in Omaha, he explains that Gates’ card gets him free meals anywhere in the world. “Mine is only good in Omaha, but I never leave Omaha so mine is just as good as his,” he says.