Warren Buffett's estate distribution will take 10 years.

The most famous businessman in America, Warren Buffett, stated in a letter he wrote on the subject that he does not want to create a wealth dynasty and that wealth dynasties can weaken personal development and complicate relationships.

In the letter, he said, "I never wanted to create a dynasty or make a plan that extends beyond my children. I know all three of them very well and I trust them completely. Future generations are another matter."

Buffett noted that his children's ages are 66, 69, and 71, stating, "Time always wins. Sometimes life ends shortly after birth or after a while, while at other times it can take as long as 100 years. I have been lucky so far, but that will soon come to me. However, there is a disadvantage; my children's ages are 66, 69, and 71. It will take 10 years for my children to distribute their inheritance."

WHO IS WARREN BUFFET?

Warren Buffett, born on August 30, 1930, is an American billionaire and stock investor. He is recognized as one of the world's most successful investors, having made billions of dollars through his predictions in the stock market. Known as the Oracle of Omaha, Buffett is the CEO of Berkshire Hathaway.

As the chairman of Berkshire Hathaway, Buffett has built a broad portfolio in the insurance, energy, railroads, and transportation sectors.

HOW DID WARREN BUFFETT BECOME RICH?

Although Buffett made a few small stock purchases in New York, he was determined to make his investments in Omaha. As a result, when he returned to Omaha in 1956, he continued his investments there. He initially established Buffett Associates, his first investment. Later, in 1962, he laid the foundation for Buffett Partnership under Berkshire. Over time, as the value of his investments increased, Buffett continued to earn more. By 1969, he made a radical decision to sell all his investments except for two companies and acquired shares in Berkshire and Diversified companies.