Buffett, near 82, reflects on staying in Nebraska - 13 WTHR Indianapolis

Buffett, near 82, reflects on staying in Nebraska

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OMAHA -

Omaha won't throw a bash for Warren Buffett's 82nd birthday today.

Apparently, that's what the billionaire investor wants.

The low-key lifestyle in Omaha, where Buffett was born and where he's lived since 1956, is a key reason he chose to remain rather than move to a fancier, busier place.

In an interview with The Associated Press, Buffett said "I can't think of a better place to live than Omaha".

Previously, Buffett had said his successor should continue working wherever he or she thinks best, so it wasn't clear whether Berkshire's headquarters could move. Now, Buffett said he doesn't see any reason for his successor to move Berkshire.

That's good news for Omaha boosters who appreciate the people Buffett attracts to the city and the way he promotes the city outside of Nebraska.

The benefits to Omaha are most visible each spring when tens of thousands of Berkshire shareholders arrive for the company's annual meeting. No one knows exactly how much the company benefits Omaha's economy, but local business owners say it clearly does.

(Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)

 

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