You may not believe it, but Buffett's eldest son has been a farmer for half his life. Not only that, Buffett's three children have never enjoyed Buffett's huge wealth, and their lives are very ordinary. Peter, the second son, had sold the house before because he couldn't pay the mortgage.

In the face of media interviews, Buffett's children said frankly: We can understand our father more and more.

As a well-known American rich man in China, Warren Buffett is the richest man in the world and a world-famous philanthropist. If he bids for a meal with millions of dollars, Buffett will donate the meal. However, even such a rich man is just a stingy white-haired "bad old man" in front of three children.

Buffett has three children: Howard, Peter and Susie. When they were very young, Buffett once said, "All my money is earned by my own labor, and I can't give it to you for nothing. You should work hard to make money like me, at least do what you can. "

Therefore, when Buffett's children grow up, they don't have the luxury and extravagance of the traditional "rich second generation", and no children follow their father's footsteps to enter the investment industry.

Today, Buffett's eldest son Howard is an ordinary farmer, his youngest son Peter is a musician and his daughter Susie is a media editor. None of the three children live a rich life like Buffett, and they are all engaged in ordinary jobs. It seems incredible, but that's the truth.

Howard Buffett was born in 1954, Buffett's eldest son. When he decided to become a farmer, Howard had four daughters and/kloc-0 unborn children to support, and Howard had dropped out of three universities before.

Howard worked as a construction worker and ran for public office, but he found that he was most comfortable only when he was doing farm work. In his own words, farmers are his natural occupation. When he decided to engage in agriculture, Howard decided to buy a farm, but he lacked funds, so he told his father what he thought.

Unexpectedly, Buffett readily agreed. Instead, he changed the subject and said, "The farm can be bought, but it belongs to me. If you want it, come and rent it from me. " After that, Buffett laughed and continued to drink his favorite cherry coke.

1986, Buffett spent $280,000 to buy a 400-acre piece of land in northern Omaha, and then rented it to Howard. The rent is 5% of the land price, plus 22% or 26% of the total farm income, which figure should be taken? It depends on whether Howard weighs more than 182 .5 pounds. If it exceeds 182 .5, Buffett will charge 26%; if it is below 182 .5, Buffett will charge 22%. It is said that when Buffett bought land, Howard was a fat man weighing 200 Jin (about 190 Jin).

This shows that Buffett is very concerned about his son's health. Howard added: Even if he charges the highest proportion of 26%, he earns much more than the contractors around him, and his father Buffett is actually not that stingy.

Buffett's youngest son, Peter, initially wanted to work in the financial industry. After all, with his back against the tree and his father's support, he can't be much worse. But when Peter saw the financial statements that Buffett studied every day, he felt incompetent. So I decided to follow my heart and engage in the music industry.

Peter showed his obsession with music when he was a child. At that time, he liked The Beatles, which was popular all over the world. Because he kept playing vinyl records, the stylus on the player was broken. Peter thought of removing the needle and thread from his mother's sewing machine to change the needle and continue listening to the song.

Out of his crazy love for music, 19-year-old Peter dropped out of Stanford University to engage in music creation.

After dropping out of Stanford, Buffett didn't give him another penny, on the grounds that he was an adult in the United States 19 years old and was responsible for his actions. Peter has no choice but to say: My father is a miser.

In order to make a living, Peter put an advertisement in the newspaper: providing music recording service at $35 per hour. Accompanied by advertisements, some music lovers come to you one after another, earning one or two hundred yuan a week, making ends meet.

With his own skills, Peter began to have a certain reputation and his life improved. The scale of the music studio is constantly expanding, and he married his wife by his own efforts. When he proudly showed off to his father Buffett, Buffett didn't say a word, just nodded.

By the time Peter was 30 years old, he already had a pair of lovely twin daughters, but the family of four was squeezed into a house less than 100 square meter. To improve the living conditions of his wife and children, Peter asked his father for money for the first time.

Unexpectedly, Buffett shook his head and said, I won't lend you money. Money will only complicate our pure father-son relationship.

The richest man who has dominated the rich list all the year round, his son wants to buy a house, but he doesn't give a penny. This is completely different from the education method of parents in China.

In a rage, Peter bought a big house with a loan, but without his father's support, the huge pressure of repaying the loan forced Peter to sell the house again and change to a small house.

After several years, Peter wanted to hold a concert and ask Buffett for sponsorship. Buffett said, I only paid 10%. You can figure out the rest by yourself. But Peter had to borrow money everywhere. Others heard that Buffett's son came out to borrow money, which was incredible.

The rejection of borrowing money from Buffett also happened to Buffett's daughter Susie. Once, the kitchen at home was too old. She and her father applied to spend more than $40,000 to renovate the kitchen, but Buffett refused mercilessly.

Now, although Buffett's daughter is the manager of the Buffett family charity fund, it seems that she is closer to Buffett and her life is more "moist" than her two brothers. But when she was very young, she was sent by Buffett to sell newspapers and earn living expenses and pocket money by doing odd jobs.

Although Buffett is stingy with his three children, he makes the whole family "rich". Three children, enjoying their interests in the cause.

2. Although the younger son Peter was refused to borrow money from his father, in 2008, when Peter performed in Paley Media Center, his father Buffett personally attended and praised his music. Later, Peter released a number of musical works, and won the highest honor "Emmy Award" in American television industry with the soundtrack of the drama "500 Tribes" about Indian aborigines.

Many people who have listened to Peter's concert exclaimed: I am surprised that your father is a "stock god", but you have no son to inherit his father's career. What is even more surprising is that you have become the "Warren Buffett" in the music circle.

My daughter Susie happened to be a staff member of a famous American magazine because she was called by her father to deliver newspapers since she was a child, and later became the head of the Sherwood Foundation (the former Susan Buffett Foundation). The youngest daughter Susie is the truest biography of Buffett among the three children. After working for 30 years, she has been trying to make money and save money. In Buffett's shareholder letter in 2020, Buffett told everyone: Now my daughter's monthly bond dividend income exceeds $50,000.

There is an old saying in China: A son is not as good as a father. What's the use of keeping it? What's the use of keeping a strong son and a strong father?

Buffett also said something similar. I will donate 99% of my wealth and leave hundreds of thousands to the next generation.

Although none of the three children inherited Buffett's mantle, entered the business circle and engaged in the investment industry, they all made remarkable achievements in their respective hobbies and fields and maintained a normal heart.

Although the eldest son is a farmer, he runs around the world to solve the problems of poverty and hunger. The youngest son became a famous musician; The daughter became the head of the family foundation.

Although we can't be Buffett, Buffett's idea of educating children is still worth learning. Instead of giving them direct wealth, it is better to cultivate their qualities of creating wealth and enjoying fun.