Warren Buffett gave $10,000 in cash to his relatives at Christmas | Markets Insider

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Warren Buffett's signature Christmas presents include See's Candies, dresses, and $10,000 in cash

The famed investor and billionaire CEO of Berkshire Hathaway certainly make an effort when the holidays come around. Here are the details of his signature gifts."He would always give each of us $10,000 in hundred-dollar bills," Mary Buffett, who was married to Warren's son Peter between 1980 and 1993,Warren switched things up after realizing his family were blowing through the lump sum — worth more than $30,000 in today's dollars.

Mary decided the stock was worth more than $10,000, so she held onto the shares. After they rose in value, she repeated the strategy with Warren's future gifts.

 

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I’m his cousin and haven’t seen my $10,000

Only 10k. He is big time miser.

God should give me family members like Buffett.

That’s so him, to take advantage of the maximum annual gift allowed by the IRS. Except that they’ve increased it to $15,000. Warren, get on the stick

I think I may be a long lost relative. 😉

Tax deductions

Daftar di mana neeeeh

Unless he’s got 1000 relatives... that’s not saying much really 💵🤷🏼‍♂️

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