Warren Buffett's Regret: Driving His Wife Away

Jill Brooke — Fri, 26 Sep 2008 16:52:15 -0400

Warren Buffett, the world's richest man, admits he made a poor choice. No, not that he didn't invest more in Google than Microsoft, but that he didn't work harder on his relationship with his late wife, Susie, the mother of his three children.

"The biggest mistake I ever made was letting her walk out the door," he says.

As with many separations, Susie was driven to it.

Buffett, 78, who spent hours and hours talking with the author Alice Schroeder for the book The Snowball, regrets that he gave Susie so many reasons to leave, say Rush & Molloy in The Daily News.

One was Katharine Graham, publisher of The Washington Post, and Newsweek. Buffett was 46 when Graham, then a 59-year-old widow, became smitten with him. They spent time at her Martha’s Vineyard home and traveled widely.

What is surprising is that Graham's own marriage was ruined by her husband’s infidelity. And who knew before this book that Katharine Graham was one of the early cougars? (While we at FWW approve of dating someone who's fabulously younger and cute, it is verboten to date a married man no matter what his age.)

Graham, it turns out, was pretty open about the affair with Buffett, and was seen tossing her house key to Buffet at parties. Schroeder writes that Susie "made it plain to several friends that she was furious and humiliated," but reports that she sent Graham a letter granting her permission to date her husband.

"Kay showed the letter to people as though it let her off the hook," Schroeder says.

Naturally the humiliation at home marinated into resentment.

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Warren Buffett's Regret: Driving His Wife Away