“In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you.” – Warren Buffett
Warren Buffett, CEO and major shareholder of Berkshire Hathaway, a company worth around $150 billion, is a highly known business magnate who is invariably featured in the list of the top 10 wealthiest people in the world. Unlike many other multi-billionaires, however, is his public stance against the lavish living and excessive spending that many others in his economic situation engage in. On multiple occasions, Mr. Buffett has explained his plans for leaving 99% of his inheritance for social and public works and not to his family, saying “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing.”
Mr. Buffett is well known for his humor and his frugal lifestyle, which includes living in the same house since 1958 and regularly enjoying Cherry Coke, Utz Potato Sticks, and Cookies and Cream ice cream. “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old,” he said in a Fortune interview.