Berkshire Hathaway's boss told the Microsoft founder that he spent 6% of his net wealth on a ring in 1951, and he should do the same.
Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to"The Deals of Warren Buffett Volume 2: The Making of a Billionaire." Berkshire Hathaway's boss took the Microsoft founder and his future wife, Melinda, ring shopping at Borsheims, one of his businesses, in 1993. Buffett told Gates that he spent 6% of his net wealth on an engagement ring in 1951, and Gates should do the same. Gates was worth around $6.
Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to"The Deals of Warren Buffett Volume 2: The Making of a Billionaire." Berkshire Hathaway's boss took the Microsoft founder and his future wife, Melinda, ring shopping at Borsheims, one of his businesses, in 1993. Buffett told Gates that he spent 6% of his net wealth on an engagement ring in 1951, and Gates should do the same. Gates was worth around $6.
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