Warren Buffet, one of the richest people in the world, uses one of the cheapest mobile phones available on the market, a phone that costs approximately $25.
“By the way, this is my phone. Alexander Graham Bell loaned it to me and I forgot to give it back” Warren Buffett says at a joke.
The mobile phone Warren Buffett uses every day is a mobile phone released by Samsung in 2010. Meanwhile, Warren Buffett invested a lot of money in Apple shares, but this was no reason for him to switch to the iPhone smartphone. Moreover, Apple sent Warren Buffett to newest iPhone and Tim Cook even offered to teach Warren how to use it.
Buffett thinks that smartphones are too much of a hassle and prefers to use the $25 mobile phone, even if it’s older and obsolete.
Warren Buffett, the third richest man in the world, is known not to showcase his wealth. He still lives in the home be purchased more than 60 years ago for which he paid $31,000 and drives a car that he purchased five years ago with approximately $41,000.
According to Forbes, Warren Buffett is worth $82,5 billion.