Finance

Warren Buffett is the world’s sixth-richest man. Here’s how the notoriously frugal billionaire spends his $84.6 billion fortune.

  • Berkshire Hathaway CEO Warren Buffett’s net worth is an estimated $84.6 billion.
  • Buffett lives modestly, still residing in the house he purchased in the ’50s, and is one of the world’s most generous philanthropists, opting to give away most of his fortune to charity.
  • Buffett recently offered advice in a virtual commencement address: read, communicate, and find a job you love.
  • Visit Business Insider’s homepage for more stories.

Warren Buffett, age 90, has some advice for the youth: read extensively, polish your communication skills, and find a job you love.

That’s the guidance he offered in a virtual commencement address on Saturday to students graduating from the University of Nebraska-Lincoln — his alma mater.

Buffett would know all about success. The Berkshire Hathaway chairman and CEO is the sixth-richest man in the world, with an estimated net worth of $84.6 billion, according to the Bloomberg Billionaires Index. But you wouldn’t know it from Buffett’s frugal ways.

Still living in the house he bought in the 1950s and driving an equally modest car, the Oracle of Omaha prefers to keep and grow his money rather than take it out of the bank. He eats McDonald’s for breakfast every morning and borrowed furniture when his children were born.

See how Buffett spends — or doesn’t spend — his billions.

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