Berkshire Hathaway’s family used to receive impressive gifts from the tycoon, although from one moment to another everything changed.
If we talk about business it is impossible not to mention Warren Buffett. And it is that the executive director of Berkshire Hathaway is one of the richest people in the world, and their skills in this field are proof of that.
Following its exceptional career, Buffett’s family holds a large amount of money, which translates into imposing celebrations with quality gifts. In that sense, the magnate had become accustomed to give around $ 10,000 to each family member for Christmasalthough for a reason He changed his philosophy completely.
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What Buffett gives his family instead of $ 10,000
Mary Buffettformer Warren daughter -in -law, he revealed in an interview: “As soon as we got home, we spent it, wow!”. However, one day he found a surprise: “Then, a Christmas, there was an envelope with a letter of his. Instead of cash, it had given us shares worth $ 10,000 of a company that had recently bought, a trust that Coca-Cola had.
In this way, the 94 -year -old millionaire seeks that his family invest in the long term, instead of spending it instantaneously. “He told me to charge them or keep them. I thought: ‘Well, the shares are worth more than 10,000 dollars’. So I kept them and continued”, Said Mary, ex -wife of Peter Buffett.
Source: Ambito
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