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Wednesday, April 30, 2014

Homes of Billionaires: Warren Buffett

Homes of Warren Buffett

One of the world’s richest people is known for not being like other billionaires. It’s not just that Warren Buffett has pledged to donate 99 percent of his fortune to charity or that he thinks the rich should be taxed more. It’s evident in his workplace as well.

Berkshire Hathaway’s Omaha world headquarters occupy just one floor of its office building, and Buffett’s personal office doesn’t have a computer, a calculator 

Homes of Billionaires: Warren Buffett
What's it worth?
The home’s value today, estimated on, is $652,619, whereas the Zillow “Zestimate” is $591,000. A neighboring five-bedroom, six-bath, 3,848 square-foot house is on the market for $450,000.

Trulia notes the average list price for Omaha homes comparable to Buffett’s house is $280,162, and the average sale amount for similar recently sold homes is $236,462.

Why not a mansion?

Why hasn’t the billionaire traded up to a more luxurious home over the years?

“I’m happy there. I’d move if I thought I’d be happier someplace else,” he told the BBC’s Evan Davis in “The World’s Greatest Moneymaker.” “How would I improve my life by having 10 houses around the globe? If I wanted to become a superintendent of housing … I could have as a profession, but I don’t want to manage 10 houses and I don’t want somebody else doing it for me and I don’t know why the hell I’d be happier. “

This house does just fine, he says. “I’m warm in the winter, I’m cool in the summer, it’s convenient for me,” he said in the interview. “I couldn’t imagine having a better house.”

In February, Buffett shared further nonmaterialistic sentiments with Charlie Rose. “I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possessions possess them, rather than the other way around.”

T.I. New Buckhead Estate

T.I. Solves Traffic Woes With New Buckhead Estate

No one likes sitting in traffic, but rapper and ATL star T.I. hates it so much he is willing to shell out $12,000 a month for a second Atlanta home to avoid his commuting nightmare. The four-bedroom, four-bath Spanish-style estate is justtwo minutes from his studio, saving him a considerable amount of time compared to commuting from the Champions Park mansion he shares with his wife, Tiny, and six kids. The Buckhead home was on the market in 2008 for $2.85 million and, prior to December, asked $18,520 a month from renters. The fully furnished property on a corner lot features four fireplaces, a wet bar, inexplicable photos of a random family, a zebra-print rug and what appear to be photos of, ahem, an adult nature in one of the bathrooms. The outdoor entertaining space features a poolside cabana, full outdoor kitchen and fireplace. That's one way to avoidthe Connector.
· T.I. - New Bachelor Pad Will Set Me Free ... From Commuting [TMZ]
· 1586 Peachtree Battle Ave [PlanOmatic]
[T.I. image via]

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