Warren Buffett is the world's third-richest man — see how the notoriously frugal billionaire spends his fortune

warren buffett
  • Warren Buffett 's estimated net worth is $80 billion .
  • But you wouldn't know the investor is America's third-richest man by his frugal lifestyle.
  • Buffett lives modestly and is one of the world's most generous philanthropists, opting to give away most of his billions to charity.

Warren Buffett 's net worth is down about $4 billion since March 2018, according to Forbes' real-time net worth tracker. But he's still the world's third-richest person.

Now 88, Buffett 's estimated net worth stands at $80 billion but you wouldn't know it by Buffett 's frugal ways.

Still living in the house he bought in the 1950s and driving an equally modest car, Buffett prefers to keep and grow his money rather than take it out of the bank. Not one for lavish purchases, he spends relatively little of his billions except when it comes to philanthropy.

Buffett is regarded as one of the most generous philanthropists in the world, having donated more than $46 billion since 2000.

However he uses his money, not much is spent on himself. See how Buffett spends or doesn't spend his billions.

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Source: Forbes

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Source: Forbes

Kevin Lamarque/Reuters

Source: CNBC

Huffington Post

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CNN

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Source: CNBC

Rick Wilking/Reuters

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Bill Gates/YouTube

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Source: CNBC

Alex Wong / Getty Images

Source: Forbes

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Source: Forbes

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Source: Forbes

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Source: Forbes

REUTERS/Rick Wilking

Source: CNBC

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Reuters

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Source: FORTUNE

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Source: FORTUNE

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Source: CNBC

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Source: CNBC

See Also:

SEE ALSO: 24 mind-blowing facts about Warren Buffett and his $87 billion fortune

DON'T MISS: Bill Gates is worth $95 billion and he plans to give most of it away here's how he spends his money now, from a luxury car collection to incredible real estate

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