Warren Buffet is a Billionaire But Uses This Kind of Cell Phone

You would think that Warren Buffet, one of the richest men in the world, and a big investor in Apple, would have a high tech smart phone.

That’s not the case. The leader of Berkshire Hathaway uses a $20 flip phone. To be specific, a Samsung SCH-U320.

The Oracle of Omaha showed off his flip phone during an interview on CNBC on Thursday.

“Here’s my phone, incidentally. Alexander Graham Bell lent it to me and I forgot to return it,” Buffett joked during a talk Thursday at The Gatehouse’s Hands Up for Success luncheon.

Buffet does have an iPhone X, but hasn’t gotten around to setting it up.

“A fellow sent me a ’10′ the other day, but I’m not using it yet,” Buffet said. “Very nice fellow. He even explained it. I think he pretended he was writing to a three-year-old child. He wrote me this very nice letter and explained what to do with it — how it wouldn’t bite me or anything like that. I’m kind of screwing up my courage here and one of these days, I’ll move.”

Even Apple’s CEO Tim Cook has offered to help Buffet set up an iPhone. In an interview last year, Cook said he would fly to Omaha to help Buffet set a new iPhone up.