By Kim Velsey 6/01/12 4:48pm

Manhattan Transfers

8 Photos

Buffett Pad

Berkshire Scion Peter Buffett Bails Out of One Madison for an Extra $750,000

Apparently, a high-rise Manhattan condo didn’t really suit Peter Buffett. The youngest son of the famously frugal, resolutely Midwestern clan of the Berkshire Hathaway chief  Warren Buffett has dumped his 18th-floor pad at 23 East 22nd Street for $4.25 million. The sale, which was previously reported by The New York Post, has finally hit city records.

Despite his hesitance to pass on financial advice or anything beyond a $90,000 inheritance to his children (the oracle of Omaha does not, reportedly, believe in inherited wealth), the elder Buffett obviously passed on some investing savoir faire. Read More

By Bess Levin 5/12/10 6:44pm

Question Time

When Warren Buffett Is Your Daddy

Given the troubles that have notoriously plagued the children of the world’s richest people, you might guess that the son of Warren Buffett (net worth: $47 billion) might not be particularly well adjusted. At the very least, you could probably assume that he might not know the value of a dollar or a Read More