Billionaire Warren Buffett reveals the two things he always carries in his wallet
On May 1, 2019, Warren Buffett spilled the ways he lives his life, and it's not what you think. This week, the 88-year-old opened up his wallet, literally, to reveal what he carries on him at all times.
Buffett is the CEO of Berkshire Hathaway, a multinational Real Estate agency. It is one of the largest real estate agencies in the world, and is also the world's tenth largest company by revenue.
"In an interview with Yahoo Finance Wednesday, Buffett said he always makes sure he has these two things on him: hundreds in cash and an American Express card," according to Fox Business.
“'I probably carry, maybe, $400,' Buffett explained, adding that his spouse, 73-year-old Astrid Menks, prefers to use cash over credit. He believes it's easier to to use cash than having to deal with the credit cards and their people. "It's a lot less stressful to pull out cash than to have to wait for the transaction to complete and sometimes the card may cause problems'" Fox Business reported.
The billionaire has been living in the same home for more than 60 years, drives an average car, and never spends more than $3 or $4 on his daily McDonald's breakfast. So, it's safe to say this man spends his money cautiously.
"The truth is, I only drive about 3,500 miles a year so I will buy a new car very infrequently," he told Forbes in 2014. His most recent vehicle purchase is a 2006 Cadillac DTS, which is just one of his many cars. Once he has driven the car the 3,500 miles, he stores them in a warehouse, where they are polished and taken care of for his collection.
Last week, Buffett confirmed he still has an unhealthy habit of drinking five cans of Coca-Cola a day, frequently scanning fast-food menus and topping it all off with a sweet Dairy Queen sundae.
“I’m one-quarter Coca-Cola,” Buffett told Fortune in 2015. “If I eat 2,700 calories a day — a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it every day,” according to Warren Buffett.