00:00Warren Buffett charges his son rent to farm his land, and the more he weighs, the more he pays.
00:05Yes, it's the Buffett version of Weight Watchers. Howard Buffett manages nearly 2,000 acres across
00:10Nebraska and Illinois. He's worth hundreds of millions, but still pays rent to his dad.
00:14And that rent, it's based on his weight. Over 182.5 pounds, he pays 26% of gross income. Under
00:20that, he gets a discount at 22%. Buffett says it's about health and financial discipline,
00:25but even at the lower rate, Warren still earns more than most landlords. Howard's no spoiled
00:29heir. He dug basements, sold stock to launch a construction business, and now fights hunger
00:34through his foundation, spending $50 million a year battling food insecurity globally.
00:38He might be the only billionaire's son whose lease is both financial strategy and weight
00:42loss plan, while other heirs lounge on yachts, Howard's out farming, and watching the scale.
00:47Buffett's legacy isn't just wealth. It's how he raised kids to earn it. Would you pay rent based
00:52on your weight? Follow Benzinga for more stories that reveal the human side of wealth and finance.
