£121k to £9m — well done, Mr Buf­fett

London Evening Standard (West End Final B) - ES Homes and Property - - News -

IN­VESTOR War­ren Buf­fett, be­low, with a £48 bil­lionn for­tune, is third rich­est man in the world ac­cord­ing to Forbes — af­ter Mi­crosoft’s Bill Gates and Zara re­tail ty­coon Aman­cio Ortega — and fa­mously lives in a mod­est fam­ily home in Om­aha, Ne­braska. How­ever, it turns out he also has a sea­side prop­erty at La­guna Beach, Cal­i­for­nia, which he is selling.

He bought the 3,588sq ft re­treat, above, with ocean views across Emer­ald Beach in 1971 for £121,000. Now that was a good in­vest­ment, given that it is on Villa Real Es­tate’s books for £8.8 mil­lion.

The mod­ern six-bed­room, sev­en­bath­room house has sculpted ceil­ings and re­cessed light­ing to spot­light Buf­fett’s im­pres­sive col­lec­tion of mod­ern art.

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