Financial Lessons From A Frugal Billionaire

The good, the unusual and the unexpected…

Yewande Ade
Blue Pen

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Photo: Gerald on CNBC

Warren Buffett, otherwise known as “the Oracle of Ohama”, is undoubtedly a force to reckon with and one of the best investors the world has ever known. His brilliant investment strategies and largely known business success stories speak for him.

The wealthy business tycoon and investor with over 60 subsidiary companies to his name, is one of richest men in the world.

In March 2021, Warren was labeled one of the most successful investors in the world and currently has a net worth of over $100 billion.

Despite being all that he is and more, Warren Buffett is known to be an extremely frugal businessman who operates on strict financial principles.

Here are some amazing facts and lessons to learn from his absolutely prudent lifestyle:

1. He started purchasing investments early in life

Before the age of 11, Warren Buffett was already a business-conscious kid. He sold chewing gum and Coca-Cola from house to house. He also delivered newspapers as a child because he loved the profits that came with it.

In 1942, Warren bought his first stock when he purchased six shares of City service preferred stock…

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