Warren Buffett, the world’s tenth-richest person with a fortune of $163 billion, believes that neither wealth, fame nor political power guarantees excellence. Despite his immense fortune, he still lives in the same Omaha house he bought for $31,500 in 1958, now worth around $1.4 million. The investor also favors inexpensive meals at McDonald’s, where he clips coupons, and avoids luxury cars. In his view, kindness, respect for others and the Golden Rule, rather than one’s standard of living, are the foundations of greatness.
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