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9.25.2010
Jay-Z, Buffett and Forbes on Success and Giving Back
The first Forbes 400 Summit was surreal, amazing and, in the end, moving. We gassed up a Gulfstream 450 one warm September morning and flew one of the most successful recording artists of all time, Jay-Z, to meet the most successful investor of all time, Warren Buffett, on the latter's home turf of Omaha, Neb. The intent was to capture their very different perspectives on success and wealth and to talk about the social obligations that come with each. They ended up finding out they had more in common than anyone would have expected between a 40-year-old rapper from the Brooklyn projects and the 80-year-old sage of compounded returns.
The main event was an hourlong, videotaped talk at Buffett's office building. (What you read here comes from that session.) But first there was lunch. The early crowd at the Hollywood Diner ("Where the customer is the star") was unmoved by Buffett, a fixture with his usual order of chicken-fried steak with extra mashed potatoes. When Jay-Z strode in, well over 6 feet tall in a tailored blue suit, blue tie, white shirt, blue pocket square and black loafers, you could hear whispers buzz around. He slid into Buffett's round booth, across from Steve Forbes. Watching over them was a plastic statue of Elvis Presley, whom this year Jay-Z eclipsed in having the most number-one albums sold by a recording artist. (He's also one of 15 we're picking to make the 400 in 2015.)
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9.24.2010
9.23.2010
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