We ate at Warren Buffett's favorite Omaha steakhouse - here's what it's like

Warren Buffett is worth $77 billion but you wouldn't know it from the way he lives.

The CEO of Berkshire Hathaway and one of the world's most famous investors still lives in the same house that he bought for $31,500 in 1958.

And his eating habits are just as low-key.

The 86-year-old begins each day with a McDonald's breakfast sandwich, and depending on how the markets are doing, he'll opt to be more or less frugal with his choice. On bad days he gets a Sausage McMuffin with egg and cheese for $2.95, and on the good days it's a bacon, egg, and cheese biscuit for $3.17.

Throughout his career, Buffett has also remained loyal to his favorite steakhouse in his hometown of Omaha.

Business Insider's video team traveled to Gorat's to see what it's like: