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Warren Buffett’s California beach house is looking for a new owner

The world-famous 86-year-old investor bought the property in 1971 for $ 150,000 now selling for $ 11 000 000.
Billionaire bought a house called Laguna Beach, because his wife liked it, without giving a thought to its potential as an investment. The family used to come there for summer and Christmas holidays, but since his wife died in 2004 he almost abandoned the place and finally decided to say goodbye to Laguna Beach.

Mr. Buffett, one of the world’s richest man, the Berkshire Hathaway’s chairman and biggest shareholder answered the question whether he’ll look for another vacation home: “If you want to know where I want to go for vacation, it’s the office.”

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