Meet 'Canada's Warren Buffett,' the 90-year-old billionaire who drives a Toyota pickup truck around his hometown and owns a $25 million yacht
- Jim Pattison, who has a reported net worth of $5.9 billion, has been called "Canada's Warren Buffett."
- Like Buffett, Pattison is the third-richest person in his country, is relatively frugal, and donates heavily to philanthropy.
- But Pattison can also be a little lavish - he owns a $25 million yacht and a fleet of jets.
Known as "Canada's Warren Buffett," Pattison, 90, has a net worth of $5.9 billion, according to Forbes. It may not even graze Buffett's $8o billion net worth, but it ranks him as the third-richest man in Canada - equivalent to Buffett's seat as the third-richest man in America.Also like Buffett, Pattinson is relatively frugal. Born during the Great Depression, he had humble beginnings that stuck with him even as he created and developed a giant conglomerate, The Jim Pattison Group, of 200-plus companies worth more than $7 billion today. He also donates heavily to philanthropy.
But that doesn't mean he doesn't indulge in a few lavish purchases. While he might have a Toyota truck parked in his garage, he also has a $25 million yacht docked not far away.
Here, see how Pattison earns and spends his billions.