Warren Buffett credits luck for his $147 bn net worth: 'I may be one of the 10 luckiest'
Billionaire investor Warren Buffett attributes his massive financial success to luck and timing rather than just talent or hard work. He emphasizes the 'ovarian lottery' concept, noting that his early exposure to investing was a result of his family circumstances.
Why it matters
Buffett's perspective challenges the 'self-made' narrative often associated with extreme wealth, highlighting the role of systemic and environmental factors in economic success.
Legendary investor Warren Buffett has spent nearly nine decades building one of the world's greatest investing empires. Yet the billionaire insists that his extraordinary success is due as much to luck as it is to talent or hard work.In an interview with CNBC, the Berkshire Hathaway chairman reflected on the role chance has played throughout his life and career, saying he considers himself among the luckiest people on the planet."Out of eight billion people, I may be one of the 10 luckiest in the world," Buffett said.The billionaire investor, whose net worth is estimated at around $147 billion, said his longevity has been one of the greatest factors behind his success as he approaches his 96th birthday next month."I'm losing marbles at this point. I accumulated marbles for a longer time than I deserved.
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