Tag Archives: Eric Schmidt

Drive Like A Billionaire

These days, hardly a conversation passes without the mention of the lackluster economy and dashed hopes of a retirement focused on exotic vacations and expensive hobbies. As Baby Boomers enter retirement, those who are able to afford these luxuries are beginning to be the minority. However, even those with the most luck and the most wealth are opting for lower- cost vehicles.

Warren Buffet, the billionaire investing tycoon, is the proud owner of a vehicle most would be surprised to learn he drives. Retailing for around $45,000, his Cadillac DTS is a car that many Americans can afford, and certainly is no rarity on the road. He purchased the vehicle in hopes of helping General Motors as it struggled to regain relevancy in the recent economic downturn.