Billionaire Warren Buffett Retires After 60 Years at Berkshire Hathaway

As of November 13th, 2025, billionaire Warren Buffett, the renowned 'Oracle of Omaha', has stepped down as CEO of Berkshire Hathaway, ending his iconic six-decade run at the helm of the conglomerate. Despite his immense wealth and status as one of the world's most successful investors, Buffett's real estate portfolio has remained surprisingly modest over the years.

Buffett's first property purchase was a 40-acre farm in Nebraska in 1944, which he acquired at the age of 13. In 1958, at the age of 28, he purchased his primary residence in Omaha, a home he has maintained to this day. The property, which cost him $31,500 at the time, is now worth the equivalent of $329,505. Buffett has described this Omaha home as the "third-best investment" he has ever made.

The only other major real estate purchase Buffett made was a vacation home in Laguna Beach, California, which he bought in 1971 for $150,000 because his wife Susan liked it. After her passing in 2004, Buffett sold the property in 2018 for $7.9 million. Beyond these personal properties, Buffett has also invested in farmland, owning a 400-acre plot in Omaha and research farms in locations like South Africa and Arizona.

Despite his immense wealth and success, Buffett has remained true to his Midwestern roots, preferring practical investments in farmland and his long-time family home over lavish real estate. As he steps away from his leadership role at Berkshire Hathaway, Buffett's modest approach to real estate will continue to inspire generations to come.