Warren Buffet, one of the world's leading investors and a regular on the Forbes list of the richest, has his sights set on the archipelago for his next real estate investment.
The attractiveness of the Canary archipelago does not go unnoticed by tourists or investors. The latest investor who has set his sights on the islands is none other than Warren Buffett, one of the most relevant figures in the business and stock market world.
Warren Buffet is one of the greatest exponents of the famous “American dream”, going from delivering newspapers to earn some money to investing in them later, managing to amass a fortune that has exceeded $116.500 billion. Buffett is also a well-known philanthropist, donating up to $4.000 billion to the Gates Foundation last year. However, despite his fortune and owning 400 million shares of Coca Cola (among many other companies through his company Berkshire Hathaway), he has a low-profile life, is not a regular at high-luxury events and continues to live in the house he bought in Omaha, his hometown, in 1958.
Through his real estate company, Buffett has set out to increase his presence in Spanish territory. It has recently opened a new branch in Malaga, thus joining the other five offices that Berkshire Hathaway HomeServices has in the country. The real estate agency has made it clear that the coastal areas of Spain are of great interest when investing, also revealing a clear interest in the Spanish archipelagos and their opportunities.
This interest of the American magnate in investing in the archipelago and the new direct air routes that have begun to be established between the islands and the United States can outline a new tourist scenario in the Canary Islands in which the American tourist market grows exponentially.
