
If you’re spending Christmas with a billionaire, you might expect an extravagant gift or two underneath the tree, and despite Warren Buffett’s reputation for living a frugal lifestyle, his family did grow accustomed to being gifted piles of cash for the holidays.
However, when the Oracle of Omaha found out how his family were behaving after receiving their gifts, he changed tack—ensuring that his wealth wasn’t just a present for Christmas, it was for life.