Warren Buffett’s Credit Score

Written by admin - 7 Comments

Hmmm… This is kind of interesting. According to a recent issue of Fortune magazine, billionaire investor Warren Buffett’s FICO credit score is just 718. While this is far from a bad credit score, it’s interesting that the credit bureaus consider the Oracle of Omaha to be a bigger credit risk than little old me.

Perhaps Buffet should start working to improve his credit score. At the very least, he should probably familiarize himself with the factors that influence your credit score. :)

Comments (scroll down to add your own):

  1. Ha ha! That’s funny. Thanks for posting!

    Comment by JB — Mar 31st 2008 @ 1:53 pm
  2. I’m fairly certain Buffet couldn’t care less was FICO says he’s worth. If wants to know that he could just pick up a recent Forbes magazine with his face on the cover!

    Comment by Frugal Dad — Apr 1st 2008 @ 12:41 pm
  3. With Buffet’s score, you wonder how the credit agencies come up with their scores.

    Comment by Allan — Apr 1st 2008 @ 11:23 pm
  4. “Give me a perfect score or I’ll buy you.”

    Comment by mbhunter — Apr 2nd 2008 @ 1:25 am
  5. After I paid off my house, Capital One Bank canceled my visa. Why? Because my debt to credit ratios went down do to paying off the loan for my home.

    There I was with more money each and every month and no debt except $7,000 on a student loan at $80 per month and $3,000 left on a car loan at $260 per month. That was it and I was a bad credit risk.

    The next month Capital One sent me an application for a visa with a limit for the same amount but 0% for one year.

    Go figure. First they let me go then they want to give me money with out rent.

    I’ll go back but I want a free round trip ticket anywhere in the USA.

    Comment by Biff Tanner — Apr 3rd 2008 @ 1:51 am
  6. Wow,

    The credit companies were actually dumb enough to post a billionaires credit score.

    The credibility of those companies was low before, now I really wonder where they get their scores. My guess would be they use a random number generator

    Comment by djames — Apr 14th 2008 @ 1:46 pm
  7. it’s probably because he doesn’t have much personal debt and because he doesn’t have a wide variety of personal debt. it makes sense that his score wouldn’t be perfect.

    Comment by Tim — Dec 4th 2008 @ 5:36 am

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