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The Economic Times
The Economic Times
Trending Desk

Warren Buffett's net worth is $169 billion, but the ace US investor still lives in the house he bought for $31,500 over 70 years ago

In an era when billionaires are often associated with sprawling mansions, private islands and fleets of luxury cars, a viral video about ace American investor Warren Buffett is reminding people that wealth doesn't always come with extravagance.

The clip, which has been widely shared online, highlights a surprising fact about the legendary investor: despite having a fortune estimated at around $169 billion, Buffett still lives in the same Omaha, Nebraska, home he purchased more than seven decades ago.

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The Billionaire Who Never Moved Out

Buffett bought his house in Omaha in 1958 for $31,500. More than 75 years later, it remains his primary residence. While many of the world's richest individuals own multiple luxury properties across continents, Buffett has long said he has no plans to leave the home where he has spent most of his adult life.

Located in a quiet neighborhood, the house is comfortable but far from the lavish estates typically associated with billionaires. Over the years, Buffett has described it as one of the best investments he ever made.

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