Importance of taking time to increase the social part of wealth: advice from Warren Buffet

Some of the wiser highly economically wealthy people understand the value of also accumulating the social part of wealth. Warren Buffet is one of the top 5 richest individuals in the world. Highly successful economically, he is also very wise and truly understands the value of social and intellectual parts of wealth in achieving a successful life. The following quote from an article(linked below) regarding his definition of success shows how important he regards the social part of wealth:

“Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you. I know people who have a lot of money, and they get testimonial dinners and they get hospital wings named after them. But the truth is that nobody in the world loves them. If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is; your life is a disaster. That’s the ultimate test of how you have lived your life. The trouble with love is that you can’t buy it. You can buy sex. You can buy testimonial dinners. But the only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: I’ll buy a million dollars’ worth of love. But it doesn’t work that way. The more you give love away, the more you get.”

link to the original article:

Warren Buffett Measures Success With This Four-Letter Word

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