Billionaire Warren Buffett’s $75 Worth Gift to Arnold Schwarzenegger Revealed
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Considering his massive net worth of $450 million, it is needless to say that Arnold Schwarzenegger is capable of buying the priciest possessions from around the globe. However, how about a gift of merely $75 holding a place in his extravagant collection?
Going back in time, to 2003, arguably the greatest bodybuilder of all time headed to Los Angeles to file his nomination for the post of governor. During the process, the Terminator actor admitted to having received gifts worth thousands of dollars. Scrutinizing the gifts, what came to light was a $75 gift he received from billionaire Warren Buffett.
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Warren Buffett gifts a coffee-table book to Arnold Schwarzenegger
Days before filing the nomination, Schwarzenegger admitted that he is wealthy enough to say that he cannot be bought. Providing evidence of it was his higher than luxury lifestyle. However, despite all the factors put together, it didn’t stop him from accepting gifts. Considering his aura, numerous renowned personalities presented Arnold with some of the most expensive gifts.
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However, despite having the biggest pocket of the lot, the then second richest man in the world, Warren Buffett opted to gift a coffee-table book worth a mere $75. The title of the coffee-table book wasn’t revealed. Nevertheless, considering Schwarzenegger’s admiration and respect for Buffett, it is needless to say that the $75 book had a special place in his heart than many other expensive gifts.
While Buffett’s gift was valued at $75, the list of the gift was topped by the Italian fashion designer, Giorgio Armani. As per reports, the now 88-year-old Armani gifted Schwarzenegger five shirts and sweaters, price tags of which piled up to $2500. Apart from this, he also received packs of cigars ranging from $250 to $500 each, along with a $100 humidor to store them.
Schwarzenegger follows in the footsteps of Warren Buffett
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As mentioned earlier, Schwarzenegger for long has had high admiration and respect for Warren Buffett. The latest validation of it dates back to last year, i.e. 2021. As known by many, being one of the biggest investors around the globe, Buffett is an inspiration for many budding investors, one of which is Schwarzenegger.
Over the years, the Austria-born bodybuilder has invested in numerous ventures. However, he has made sure to stay away from cryptocurrencies like bitcoin and dogecoin. The reason? Much related to Buffett. Last year, during an interview, Schwarzenegger opened up about not investing in crypto. Quoting the ideology of Buffett, he said, “I am like Warren Buffett. I don’t invest in things I don’t understand.”
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Prior to this, in 2003, Schwarzenegger was also quoted calling Buffett, “the greatest investor ever, my mentor, and my hero.”
Edited by:
Tony Thomas