Warren Buffett brilliantly explains the levels of riches.

Warren Buffett brilliantly explains the levels of riches.

Explaining the distinction between affluent and wealthy is Warren Buffett. He goes into more detail on the "levels of wealth" and what exactly qualifies as wealth. As Mr. Buffett puts it, money has very little effect on life quality until it reaches a decent level! "In response to an earlier question, you spoke about people being rich and very, very rich," the inquiry asks. I believe there is a distinction between being wealthy and being rich. You must think of yourself as both, I presume. Which do you think is more significant? From the 1999 Annual Shareholders Meeting of Berkshire Hathaway. American philanthropist, business magnate, and long-term investor Warren E. Buffett serves as Berkshire Hathaway's chairman and CEO. His net fortune exceeds 100 billion dollars, making him one of the world's most successful investors. Buffett was born in Nebraska's Omaha. In his early years, he showed an interest in business and investing, and during his career, he had genuinely amazing profits in the stock market. If you think this video is helpful, please tell a friend about it! For films about growing wealth, investment, business, the stock market, passive income, and other finance-related topics, think about subscribing to the channel!