Biography & Early Wealth Journey

One thing that's not surprising about the house is that Buffett, the richest investor in the world, is aiming for a tidy profit on it. He paid just $150,000 for it back in 1971, but it's been renovated multiple times since then. Buffett reportedly didn't purchase the home as an investment, instead buying it to please his late wife Susan, who liked the property. When Susan passed away in 2004, Buffett sold another property he held near this one, a $5.45 million 'spillover' guest home connected via a stairway, the following year.

Unfortunately for Buffett's prospects at finding a buyer, that home ended up being sold by its owners at a loss in 2012. But on the bright side, he wants to give all his money away anyway, so taking a bath on a beach home probably wouldn't cause him to lose any sleep.