Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Caleb Naysmith

Warren Buffett Is Now Worth $165 Billion But Says ‘Money Has No Utility to Me, That’s Why I’m Giving it Away’

In a world where billionaires are now synonymous with yachts, private islands, and space-bound ventures, legendary investor Warren Buffett continues to give away his wealth faster than ever. As his conglomerate Berkshire Hathaway (BRK.A) (BRK.B) continues to charge past a $1.15 trillion valuation, Warren Buffett is now worth an estimated $165.7 billion - an otherworldly sum seemingly eclipsed only by his humility and love for sharing knowledge with the next generation of investors. 

In a rare and intimate interview with CBS’s Jane Pauley, Buffett offered a revealing insight into his life philosophy, saying, “Money has no utility to me. That’s why I’m giving it away. Because it does have utility to other people.” 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.