Nice Billionaire Employs Not-Nice Millionaires

Because of his homespun folksy manner and affinity for See’s Candies, Warren Buffett has a reputation as a very loveable guy. Not so, some of the people who make him so rich.

Because of his homespun folksy manner and affinity for See’s Candies, Warren Buffett has a reputation as a very loveable guy. Not so, some of the people who make him so rich.

At a Clinton campaign rally in Omaha on Monday, billionaire investor Warren Buffett challenged Donald Trump to a game of rich guy “you show me yours and I’ll show you mine,” offering to exchange tax returns with the Republican nominee at “any time, any place.”
As the “Empire State of Mind” beat filled the packed CenturyLink Arena in Omaha, the chorus slid in: “At Berkshire, financial strength is what dreams are made of, there’s nothing you can’t dooooo….” The white, middle-aged crowd of investors jammed. Is this is the humble setting from which champions arise?
Despite controlling Scrooge McDuck-levels of wealth, Warren Buffett enjoys a reputation as a caring, down-home fella who is better than most other Scrooge McDucks. A new report may put at least a slight ding in that reputation.
Atkins Nutritionals, the company that cashed in on the low-carb Atkins Diet, is up for sale and "could fetch more than $1 billion." Its anti-sugar precepts have become mainstream in America. The lone holdout: one rich motherfucker.
Gaskillionaire Warren Buffett said today that Hillary Clinton will win the 2016 presidential race, and that he'll "bet money on it." I'll take that bet, if someone can spot me a few bucks.
Beloved folksy billionaire Warren Buffett is America's largest wholesaler of cigarettes.
Bidding on a single lunch with Warren Buffett currently stands at $350,300, and will go much higher—two years ago, the price was $3.46 million (which goes to charity). Here, we'll save you $3.46 million: "Buy index funds."
Each year, Warren Buffett—a folksy folk who has built a $60 billion fortune on pure folksiness—writes a letter to shareholders that is prized for its folsky wisdom. This year, he shares some news that even you, the poor average bastard, can use.
If, while web-surfing at work, you ever wonder about the weather in Omaha or pine for platitudes about thriftiness and solid work ethics, take heart! A rich old man has joined Twitter to tell you things, and also to throttle world markets with RTs of Buzzfeed links, so kick back and grab a Werther's Original.
We live in a world in which wealth is distributed in a wildly unequal way. A tiny few have billions of dollars, while many more have nothing. Though the reactions to this persistent and growing state of inequality span the ideological spectrum, it's fair to say that most people consider it a problem. For the very…
Warren Buffett thinks that print newspapers will be around in 20 years. Warren Buffett won't, though.
Well, here's something that is not a cause for concern, whatsoever, I want to emphasize right up front, and certainly not anything that might be an early indicator that you could consider "taking to the land" and hunkering down in your survivalist bunker with a cache of canned food and weapons until the "trouble"…
Even the most expensive meals generally don't top four figures, but one person's private lunch with Warren Buffett cost the anonymous bidder $3.5 million.
Media General is a chain of small-ish newspapers across America. Not a particularly prestigious or savvy chain of newspapers, and the company's value has been nosediving off a cliff for the past five years along with most of the rest of the newspaper industry. But! Media General has now been purchased by Mr. Warren…
In order to make sure that the Buffett Rule, which would increase taxes on incomes over a million dollars, wouldn't pass, the GOP filibustered it. Their main reason was that $4.7B this would generate simply isn't enough to make the tax worthwhile. As Jon Stewart pointed out on tonight's Daily Show, that stance doesn't…
Warren Buffett, the third-richest man in the world, is buying the Omaha World-Herald, his hometown newspaper. The purchase price has not been revealed. But even if it was, oh, $50 million, it would be a purchase for Warren Buffett approximately proportional to you buying a cheap pair of shoes.
You know how socialist billionaire Warren Buffett wrote that column last week where he said, "cut the coddling shit, government bros—I want to be taxed more," or something to that effect, and just about everybody tweeted it? Yeah, well, Charles Koch didn't like that column very much.