Warren Buffett Brilliantly Explains Levels Of Wealth

Warren Buffett explains the difference between rich and wealthy. He elaborates on the “levels of wealth” and explains what really makes a person wealthy. Mr. Buffett says that after a moderate level, money makes very little difference in the quality of life!

The question goes: “In response to an earlier question, you spoke of people being rich and very, very rich. It seems to me there’s a difference between being rich and being wealthy. I assume you consider yourself to be both. Which is the more important to you?”
From Berkshire Hathaway Annual Shareholders Meeting. (1999)

Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.


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Warren Buffett Brilliantly Explains Levels Of Wealth