Where does Warren Buffett Live? The modest home of the world’s 10th richest person

Jenny Schafer

The Oracle of Omaha

Named one of the most successful investors in the world, one might assume that Warren Buffett lives in the lap of luxury.

But, in fact, the billionaire owns a modest house that is worth 0.001 percent of his total wealth. Here’s the full scoop on the Omaha, Neb. house that Buffett has lived in and loved for six decades.


He bought the house in 1958

For six decades, Buffett has lived in the same residence in the central Dundee neighborhood of Omaha, Neb.


Buffett paid $31,500 for it

The “Oracle of Omaha” purchased the home for $31,500, which would be worth about $250,000 in today’s dollars.


His third best investment

As it turns out, the house was the “third-best investment” he’s ever made, Buffett wrote in a letter to his shareholders in 2010.

“[I] gained 52 years of terrific memories [in it] with more to come,” Buffett shared at the time.


Spanning 6,570 sq. ft.,

the humble 1921 stucco house features 5 bedrooms and 2.5 bathrooms.


Buffett has nothing but love

for his modest home in Nebraska. “I’m happy there. I’d move if I thought I’d be happier someplace else,” he told BBC.

“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.”

- Warren Buffett

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