Wonder what Warren Buffett, Steve Forbes and Jay-Z talked about the other day at Omaha's Hollywood Diner?
The result, if not a transcript, will appear when Forbes magazine names the world's 400 richest people, a list that will include at least one of the three - the Omaha investor, 80; the magazine publisher, 63; and the rapper, 40.
In general, it's likely that Forbes and Jay-Z, the stage name of Shawn Corey Carter, talked about some of Buffett's favorite topics: money and philanthropy.
While Forbes and Jay-Z may seem an unlikely pair, Jay-Z's wealth is estimated at $150 million by some sources. That's short of the $900 million or so needed to make the Forbes list but certainly enough to make some high-caliber financial advice worthwhile.
Jay-Z has sold about 40 million albums worldwide, making him one of the most financially successful hip-hop artists. He's part owner of the New Jersey Nets of the NBA, has a clothing line and has founded two record companies.
Maybe Jay-Z got the idea from other celebrities who have sought Buffett's counsel as they begin to think about long-term plans for the money they accumulate. Whatever the reason or reasons, the get-together reportedly included a visit to the headquarters of Buffett's Berkshire Hathaway Inc. and a photo shoot in the memorabilia-decorated diner along Abbott Drive.
The visit was supposed to be secret, but word leaked out.
Why do YOU think Jay-Z was just kicking it with Warren Buffet?
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