Warren Buffett still lives in the same comfortable home he bought in 1958 for $31,500 in Omaha, Nebraska, valued at $652,619 in 2013, despite being one of the world’s richest individuals. He sold his vacation home in Laguna Beach in 2012 for $4.3 million.
He may be one of the richest individuals in the world, but Warren Buffett doesn’t waste money unnecessarily. The man known as “the Oracle of Omaha” still lives in a comfortable stucco home in the Dundee-Happy Hollow Historic District of Omaha, Nebraska, which he bought in 1958 for $31,500 USD, equivalent to $250,000 in dollars today. The Berkshire Hathaway chairman and CEO lives in an ordinary neighborhood — considered upscale by Omaha standards, at 6,000 square feet (557 square meters) — but it’s not a mega-mansion located in a high-end, gated community with surveillance security everywhere, as one might expect from a billionaire’s residence.
Living the good life in Omaha:
Realtor.com valued the property at $652,619 USD in 2013. The large Dutch Colonial was built in 1921 and sits on a nice wooded corner lot.
“I’m happy there,” says the billionaire. “I would move if I thought I’d be happier somewhere else. How would I improve my life having 10 homes around the world?”
Buffett owned a vacation home in Laguna Beach on the ocean side of the Pacific Coast Highway. He sold it in 2012 for $4.3 million.
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