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However, his three kids will inherit only a small sliver ofthe kingdom that the Oracle of Omaha built.
So, where is the sweet spot in terms of generational wealth?
His kids, Howard, Susan and Peter, are not bothered by the lack of inheritance.
In fact, in a 2006 interview with theNew York Times, Howard shared his philosophy on money.
It was always clear we were not going to get a lot of money.
Their mother left each of them $10 million upon her death in 2004.
This was the seed money for their foundations.
That support didnt come in the form of a check.
In a 1986 interview she toldFortune, I basically agree with him.
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