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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Warren Buffett's Son Sold His Inheritance Worth £388M to Chase a Dream—And He Has Zero Regrets

Peter Buffett is 66 years old. (Credit: Penguin Random House Speakers Bureau)

Billionaire investor Warren Buffett's son Peter Buffett, 66, inherited £68,038 ($90,000) from the sale of his grandfather's farm. Peter was 19 at that time. His father decided to invest the amount in Berkshire Hathaway shares and told Peter it was all the financial help he would receive for personal use.

However, Peter decided to sell his entire Berkshire Hathaway stock holding almost half a century ago 'to buy time' for his passion for music. If he had held onto the shares today, they would be worth roughly half a billion dollars. Despite missing out on a fortune of almost £388 million ($500 million), Peter has no regrets at all and is sure that his father would be proud of the life path he chose.

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