‘Mr. Buffett, how can I make $30 billion?’: Warren Buffett’s answer reveals his 3 simple investing rules

Moneywise and Yahoo Finance LLC whitethorn gain committee oregon gross done links successful the contented below.

For decades, Berkshire Hathaway’s yearly meetings gave shareholders the accidental to prime erstwhile CEO Warren Buffett’s encephalon connected a wide scope of topics.

But 1 capitalist who attended the league backmost successful 1999 chopped close to the chase.

“Mr. Buffett, however bash I marque $30 billion?” helium asked (1).

• Thanks to Jeff Bezos, you tin present go a landlord for arsenic small arsenic $100 — and no, you don't person to woody with tenants oregon hole freezers. Here's how

• Build a portfolio of the world’s champion backstage tech companies and marque it accessible to everyone — that’s the ngo of Fundrise Venture Capital. You tin commencement investing contiguous with conscionable $10

• Dave Ramsey warns astir 50% of Americans are making 1 large Social Security mistake — here’s what it is and 3 elemental steps to hole it ASAP

As always, the Oracle of Omaha conveyed analyzable answers successful elemental terms. Here are the 3 important rules that helped the 95-year-old accumulate a monolithic fortune.

Buffett’s champion proposal for investors is to get started arsenic aboriginal arsenic possible. He has a elemental metaphor to explicate his wealth-building strategy.

“We started with a small snowball connected apical of a precise gangly hill,” helium said. “We started astatine a precise aboriginal property successful rolling the snowball down, and of course, the quality of compound involvement is that it behaves similar a snowball.”

The magnitude of Buffett’s vocation is simply a cardinal portion of his tremendous wealth. He bought his archetypal banal astatine the property of 11. He’s present 95 years aged and inactive actively investing.

The bulk of Buffett’s wealthiness was accumulated aft helium turned 65. In 1999, his nett worthy was conscionable $30 billion. Today, he’s the 11th richest idiosyncratic successful the satellite — with a nett worthy of $140.6 cardinal (2).

In different words, 1 of the keys to Buffett’s semipermanent occurrence was investing aboriginal and often.

Roughly 49% of Americans accidental they don’t put due to the fact that they don’t person capable wealth — believing that you request astir $1,000 to adjacent get started, according to the 2025 Modern Wealth Survey conducted by Charles Schwab (3).

Platforms similar Acorns marque investing accessible by helping you put your spare alteration from mundane purchases into a diversified portfolio of ETFs.

Just nexus your paper with Acorns and the level volition automatically circular up your expenses to the nearest dollar, investing that other currency successful expert-built ETFs managed by apical concern firms similar BlackRock and Vanguard.

You tin adjacent get a $20 bonus concern erstwhile you motion up with Acorns today.

Read More: Approaching status with nary savings? Don’t panic, you're not alone. Here are 6 casual ways you tin drawback up (and fast)

Buffett said that if helium started investing again contiguous with $10,000, helium would absorption connected tiny businesses.