Billionaire Warren Buffett’s wife, Astrid, allegedly complained about the price of a $4 coffee while at Sun Valley’s rich and famous summer camp on Thursday.
In a scene that echoes a Succession scenario, Astrid Buffett complained about how much she had to pay for her morning drink, despite the fact that her Berkshire Hathaway chairman husband, 92, is worth more than $115,000. millions of dollars.
According to the NYPost, Buffett complained that he “could get a pound of coffee” for the same price elsewhere.
The billionaire couple married in 2006, when she was 60 and he was 73. They live in a humble home in Omaha, Nebraska, for which Buffett paid $31,000 in 1958.
CEOs from many industries have come together for ‘Billionaire Summer Camp,’ Allen & Co.’s annual summer conference.
Warren Buffett and Astrid Buffett at the Allen & Company Sun Valley Conference on July 6, 2011
Warren Buffett, Chairman of Berkshire Hathaway Inc., walks with his wife Astrid at the Allen & Company Sun Valley conference at the Sun Valley Resort on July 12, 2014.
Warren Buffett, Chairman and CEO of Berkshire Hathaway, addresses a morning session on July 13, 2023
The annual event in Idaho is known for hosting high-profile deals, or at least being the site of the conversations that started them.
The meetings are held behind closed doors, and journalists are not allowed to attend.
In Succession Season 2 Episode 6, the fictional billionaire Roy family attends Argestes, a camp based on the real Allen & Co.
Another billionaire patriarch, Nan Pierce, mocks the price of drinks on the menu during the TV show, similar to the scene viewers reportedly saw in the cafeteria today.
The fictional Nan Pierce mocks the price of drinks on the menu during the Succession TV show.
Among the tycoons in attendance this year were embattled Disney CEO Bob Iger, Apple boss Tim Cook and OpenAI founder Sam Altman.
Warren Buffett was seen this morning riding a golf cart at a morning session.
Bill Gates also flashed a smile, as he wore a name tag to let other billionaires in the room know who he was.
Alex Karp, CEO of Palantir Technologies, had coffee before a session during the summit on Thursday.
Robert Kraft, CEO of the New England Patriots, and Roger Goodell, NFL commissioner, were seen walking together for lunch during Wednesday’s conference.
Fashion mogul François-Henri Pinault was also spotted out and about in Sun Valley yesterday.
Mike Bloomberg, former New York mayor and CEO of Bloomberg LP, was photographed leaving a morning session.
Bill Gates, founder of Microsoft, walks to lunch at the Allen & Company Sun Valley Conference on July 13, 2023, holding a name tag
Shari Ellin Redstone, President of National Amusements, walks to a morning session in her bright red jacket
Becky Quick, co-host of CNBC’s financial news show Squawk Box, at the conference
Disney CEO Bob Iger walks to lunch at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley
Alex Karp, CEO of Palantir Technologies, has a coffee before a session
And Sheryl Sandberg, Meta’s former COO, beamed as she was photographed walking out of one of the shops with her husband Tom Bernthal.
Bernthal is the CEO of a strategic consulting agency, Kelton Global, and a former producer for NBC News.
But this year’s celebration is expected to be marred by an ongoing writers’ strike and the rise of artificial intelligence and streaming services.
One of the stories being shown this week comes from Disney boss Bob Iger, whose contract has now been extended through 2026.
Iger was seen walking to lunch on Wednesday wearing aviator sunglasses and a white long-sleeved T-shirt.
Another hot topic at the summit is also reportedly a recent federal court ruling in favor of Activision Blizzard Inc. CEO Bobby Kotick, who helped sell his company to Microsoft for $69 billion, according to Bloomberg.
Both Kotick and Microsoft CEO Satya Nadella are known to regularly attend the annual Billionaires Gathering.
Stewart Butterfield, co-founder of Flickr and Slack, and Jen Rubio at the summit
Sheryl Sandberg, COO of Meta Platforms, walks to a morning session
Tim Ellis, CEO of Relativity Space, and Stephanie Langhoff were also seen on Thursday.
Marc Benioff, CEO of Salesforce, walks with other attendees leaving a morning session at the Allen & Company Sun Valley conference on July 13.
And with Warner Bros. Discovery CEO David Zaslav in attendance, eyes will be open to discussions about the future of the embattled CNN news network.
In the tech industry, meanwhile, leaders are expected to meet with US Commerce Secretary Gina Raimondo to discuss the $52 billion US Chip and Science Act, which has to shore up advanced domestic semiconductor manufacturing, a person familiar with the matter told Bloomberg.
And they are likely to discuss ongoing negotiations to create a new Indo-Pacific trade deal to replace the Trans-Pacific Partnership, which former President Donald Trump dissolved in 2017.
An initial version of the agreement would have effectively hampered efforts by member countries to regulate technology companies, including on issues like market dominance and privacy.
Tech executives have also been lobbying government officials in recent months to ensure their interests are represented in the new deal designed to curb China’s influence in Asia.
