According to the Telegraph, Buffett's remarks came during an interview with fellow philanthropist Melinda Gates, with BBC Radio 4.
“Let me tell you about the very rich,” wrote F. Scott Fitzgerald in his short story The Rich Boy in 1926. “They are different from you and me. They possess and enjoy early, and it does something to them…”
What millionaires are thinking and doing can be a strong indicator of certain financial trends. Fidelity's fifth Millionaire Outlook reveals how millionaires' background, financial outlook and goals have greatly impacted their investment behavio
"2013 - the year after": low growth, record-low interest rates, an investment Ice Age - further challenges ahead for investors
As the country approaches the fiscal cliff, Obama has insisted that Bush-era tax cuts — set to expire at the beginning of 2013 — expire for families making $250,000 and above.
The study, titled "The Futurewealth Report: The Digital World of the Futurewealthy," surveyed 3,477 respondents from across the world with an average $1.9 million in assets.