Berkshire Hathaway holds over 9% of Coca Cola's shares, worth $28 billion and returning over $800 million a year in dividend payments. Isn't that worth being seen visibly supporting Coca Cola products?
Well, impossible to prove of course but it reminds me of Ingvar Kamprad (the man behind IKEA) who used to drive an old Volvo when in Sweden to appear as a "man of the people".
In fact he had his main residence in Switzerland and was filthy rich which is a bit of a hard swallow especially in Sweden, a country still very much affected by the "Law of Jante".
A reporter that was doing a documentary about his wealth asked him once directly when stepping out of his old Volvo and Kamprad kinda lost it; it was a big kerfuffle at the time on the telly.
For those paying attention it was really revealing about the true nature of the man (let me add he was a young Nazi back in the day).
Most people came to his defense like the red-blooded capitalist gentleman commenting above about Buffet being a 100% American.
The older generation still swallow the farce hook, line and sinker. For the rest of us it's pretty clear it was a well thought-out facade to placate the plebeians to sell more cheap furniture.
bdangubic|2 months ago
PaulHoule|1 month ago
jodrellblank|1 month ago
https://3.bp.blogspot.com/-xXwAtQqkN6c/XM3Brj-ZkuI/AAAAAAAAv...
ignoramous|2 months ago
koolba|2 months ago
dyauspitr|2 months ago
nntwozz|1 month ago
In fact he had his main residence in Switzerland and was filthy rich which is a bit of a hard swallow especially in Sweden, a country still very much affected by the "Law of Jante".
https://en.wikipedia.org/wiki/Law_of_Jante
A reporter that was doing a documentary about his wealth asked him once directly when stepping out of his old Volvo and Kamprad kinda lost it; it was a big kerfuffle at the time on the telly.
For those paying attention it was really revealing about the true nature of the man (let me add he was a young Nazi back in the day).
Most people came to his defense like the red-blooded capitalist gentleman commenting above about Buffet being a 100% American.
The older generation still swallow the farce hook, line and sinker. For the rest of us it's pretty clear it was a well thought-out facade to placate the plebeians to sell more cheap furniture.
eps|1 month ago
He remained a Nazi member well into the 1950s, which I find truly bizzare.
nine_k|2 months ago