Warren Buffet repudiated his granddaughter Nicole Buffet

altA lot of Americans were in shock when famous investor Warren Buffet repudiated his granddaughter Nicole Buffet. In spite of the fact that Nicole is not his relative by blood, she is still a part of the Buffets family because she is the adopted daughter of Peter, Warren Buffett\'s son.

Such shocking statement was made by Warren Buffet after his granddaughter’s appearance in the indie documentary movie by Jamie Johnson about the life of rich children - \"The One Percent\" – where she clewed up all the negative secrets of the famous family. Then she confirmed her words on Oprah.

According to Nicole Buffet’s words, she is afraid to experience the rage of her powerful grandfather, because she became the cause of his bad reputation in business. And this fact in its turn caused the loss of money - the only thing in the world that Warren Buffet loves.

After such Nicole’s confession, her grandfather Warren Buffett, said to be furious, cut her off, saying \"I have not emotionally or legally adopted you as a neither grandchild, nor have the rest of my family adopted you as a niece or a cousin.\"

Nicole Buffett\'s grandfather is the legendary investor Warren Buffett, whose $58 billion fortune made him the richest man on the planet, a mantle he seized from Bill Gates last fall.

Apparently the struggling artist isn\'t doing well financially, unable to afford health insurance or cable, and she\'s dishing in Marie Claire Magazine.

Buffett\'s office confirmed to Marie Claire that he paid for Nicole\'s schooling but had \"no comment\" on the rest of the story.

After that, her grandfather mailed her a letter saying he no longer considered her kin. \"For him to discard me like that was devastating,\" Nicole told the magazine. \"It permanently divided our family.\"

Nicole Buffet lives in Berkeley, California on $40,000 per year approximate income from selling paintings. She was \"cut off\" by Warren Buffet, a notoriously private man, because she ran her mouth about him in public.