Posted on 09/17/2024 4:29:50 PM PDT by ChicagoConservative27
Warren Buffett, one of the wealthiest people in the world with a net worth of $142 billion, according to Bloomberg, is also known for his generosity. He has donated billions to charity over the years, but when it comes to his kids, handouts aren’t part of the deal.
In the HBO Becoming Warren Buffett documentary, Susie Buffett shared a story that gives a glimpse into her father's frugality. This wasn't the first time she had discussed it. Back in 2011, a Globe and Mail article mentioned that Susie once asked her father for a $41,000 loan to renovate her kitchen after she had a baby. She needed to make room for the high chair, but Warren's response was to tell her to "go to the bank like everyone else."
(Excerpt) Read more at benzinga.com ...
Total jerk
Why not try to keep more wealth within the family, instead of making somebody else richer?
“but you are my bank Daddy”
Is he taking his money with him ?
Maybe she had gone to the well one too many times.
$41k is quite the remodeling job!
Yep
He gets to enjoy the perks of wealth — that he made simply by investing in the stock market and then charging ppl for his management services — but his adult children don’t? What a POS.
If his daughter was a loafer or on drugs I could understand his reaction. If she or her husband were working and asking for help and he refused, he’s an ass*ole
41k to make room for a high chair? Nope.
I assume that Warren had paid for her college education. So what else does she need? She should be to get a decent job and support herself.
Entitlement. Warren owes her nothing.
With the costs of supplies to do a remodel today, 41K is cheap the appliances alone will run you 10K, flooring, sink, counters, cabinets 41K is cheap!!
I’ve heard the oracle of Omaha wants to leave the bulk of his billions to kill future babies.
He’s a scumbag. Thinks inheritance tax should be 100%. This of course is because all his money is in the Gates foundation. Foundations are the way wealthy families maintain their fortunes. Everybody else should give it to the government.
He probably figured eventually, he would be timidly asked to ‘forgive’ the loan, because his daughter may not have been organized enough to continue payments, and he may have also figured that he would be to weak to say ‘No’ at that point.
Wouldn’t you think he’d set up stock portfolios for his children when they were young and contribute to them?
JEEZE he could have given her a loan at a MUCH LOWER interest rate!!
He’s an excellent far-left turd roller.
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