Monday, September 28, 2009

How Do Billionaires Live?

Have you ever think that, “How Do Billionaires Live?”. Well, not the all the Billionaires live a celebrity life. Unfortunately most of the people in our world think that al the Billionaires live a celebrity life. But well, this is not true.

Let’s take the Example of Warren Buffet, The legendary Investor also known as “Oracle of Omaha”.

Warren Buffet is the Chairman of his publically listed Investment Company Berkshire Hathaway. He is the second richest person of the world after Bill Gates (Forbes 2009). Now, How much salary Warren Buffet take away home every year?…. Well, US $ 1,00,000 only.

Yes, This is true. He lives on $ 1,00,000 a year. Of course, he owns a private jet in the name of his company. But he still lives in the same house which he had bought around 2 decades ago. Warren Buffet only buy those things which he really needs. He lives a simple lifestyle.

Now, let us discuss the another Example. The Example of Donald Trump – The Billionaire Real Estate Tycoon.

Donald Trump lives a celebrity life style. He drives Limousine and lives like a celebrity. He spends lots of money behind his expensive life style.

So both of the above are the different lifestyles of Billionaires. It is not that all the Billionaires live like Warren Buffet nor it is true that all the billionaires live like Donald Trump. It is the matter of personal choice. Some want to live like a celebrity while some want to live simple.

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