Inside billionaire Warren Buffett's unconventional open marriage, which allowed him to live with one

Updated
  • Billionaire investor Warren Buffett had an open marriage with his first wife, Susan Thompson, until her death in 2004.
  • Thompson left Buffett to pursue a singing career, but they remained amicably married and she gave him permission to date other women.
  • Thompson also introduced her husband to Astrid Menks, who became his companion. The trio became close friends and even sent out Christmas cards together.
  • Visit Business Insider's homepage for more stories.

Warren Buffett started dating his second wife, Astrid Menks, while he was still married to his first wife — and neither of them minded.

The "Oracle of Omaha" spent years in an unconventional marriage until his first wife Susan died in 2004. Family members said the unusual arrangement worked for all those involved. The trio would even send out Christmas cards together — signed Warren, Susan, and Astrid — according to The Daily Mail.

"Unconventional is not a bad thing," Buffett's daughter, Susie Buffett, told The New York Times. "More people should have unconventional marriages."

Here's a look inside Warren Buffett's married life.

Buffett's connection to his first wife goes back long before they were even born.

Susan and Warren Buffett. Nati Harnik/AP Images

Source: Business Insider

Susan's grandfather once ran a campaign for Republican United States Representative Howard Buffett, Warren's grandfather. It apparently didn't go well.

The Capitol Building in Washington D.C. AP

Source: Business Insider

Their daughter, Susie Buffett, told Business Insider in 2017 that it was "the only time my grandpa Buffett lost."

Paul Morigi / Stringer / Getty Images

Source: Business Insider

Before he met Susan, Buffett busied himself trying to win the heart of a woman named Betty Gallagher in 1949.

Warren Buffett. Dennis Van Tine/STAR MAX/IPx/AP Images

Source: Hear Nebraska

She happened to be dating a ukulele player, so Buffett took up the instrument, too.

Warren Buffett. Matt Schifrin/Youtube

Source: Hear Nebraska

Betty wasn't swayed.

Warren Buffett. Paul White/AP Images

Source: Hear Nebraska

But Buffett's hobby — which he continues to showcase at parties and meetings — paid off in the long run.

Warren Buffett. AP Images

Source: Hear Nebraska

The next year, Buffett met Susan Thompson.

Warren Buffett. Julie Jacobson/AP Images

Source: Hear Nebraska, Washington Post

She was the roommate of Buffett's sister, Roberta, at Northwestern University.

Northwestern University. Anthony Ricci/Shutterstock

Source: Hear Nebraska, Washington Post

Like Betty, she was also already seeing someone else.

Warren Buffett. Dennis Van Tine/STAR MAX/IPx/AP Images

Source: Hear Nebraska, Washington Post

Buffett formed a friendship with her father, Bill, a professor and mandolin player who knew his parents.

Buffett not pictured. PauloAlmeidaPhotography/Shutterstock

Source: Hear Nebraska

They would jam out together in the Thompson residence, giving Buffett the opportunity to call on Susan.

Warren Buffett. Nati Harnik / AP Images

Source: Hear Nebraska

He continued to visit the Thompsons, even after he left to go to business school at Columbia University.

Columbia University. LENS-68/Shutterstock

Source: Hear Nebraska

Eventually, Buffett's musical wooing paid off.

Warren Buffett. Paul Morigi/Getty

Source: Hear Nebraska

The two were married in 1952.

Warren and Susan Buffett at a White House dinner in 1998. CHRIS KLEPONIS/AFP via Getty Images

Source: Hear Nebraska

The couple had three children together. Susie, the eldest, is a philanthropist. Howard, the middle child, is a businessman and former sheriff of Macon County, Illinois. Peter, the youngest, is a musician.

Howard, Susie, and Peter Buffett. Nati Harnik/AP Images

Source: NBC, Herald and Review

The couple got along well in many regards, but their relationship was strained by Buffett's intense work ethic, Time reported.

Warren Buffett, president of Berkshire Hathaway, with his daughter Susan (left) and wife Susan. Ira Wyman/Getty Images

Source: Time

After Berkshire Hathaway bought a stake in The Washington Post, publisher Katherine Graham and Buffett struck up a flirtatious relationship, with Susan Buffett's permission.

Katherine Graham and Warren Buffett. Mario Cabrera/AP Images

Source: CNBC

They would reportedly jaunt off to Martha's Vineyard together, and Graham even had a habit of throwing her keys to the investor during charity events and parties. Susan was reportedly furious and began an affair with a tennis instructor.

Katherine Graham. David Pickoff/AP

Source: CNBC

The Buffetts began living separately in 1977, when Susan left for California to pursue a singing career.

Los Angeles, California. Sean Pavone

Source: CNBC

Buffett was reportedly devastated by her departure.

Warren Buffett. Scott Olson / Getty Images

Source: CNBC

"It was definitely 95% my fault ... I just wasn't attuned enough to her, and she'd always been perfectly attuned to me," Buffett said.

Warren Buffett. Bill Pugliano/Stringer/Getty Images

Source: The New York Daily News

"She kept me together for a lot of years ... It shouldn't have happened," Buffett said.

Warren Buffett. Bill Pugliano / Stringer / Getty Images

Source: The New York Daily News

Buffett's children worried that their father would not be able to get along without their mother.

Peter, Warren, and Susie Buffett. Charles Sykes/Invision/AP Images

Source: Business Insider

"I was concerned about him being able to function in the normal world," Susie Buffett said.

Warren Buffett and Susie Buffett. Kevork Djansezian / Getty Images

Source: Business Insider

Then, the following year, Susan introduced her husband to restaurant hostess and Latvian immigrant Astrid Menks.

Astrid Menks. Scott Olson/Getty Images

Source: The New York Times

They had become friends when Susan began singing at the restaurant. Astrid quickly moved in and became Buffett's companion.

Warren Buffett and Astrid Menks. Scott Olson / Getty Images

Source: The New York Times

The three remained close and essentially functioned as a trio.

Warren Buffett. Steve Pope / Stringer / Getty Images

Source: Time

"Astrid and my mother were very close — really loved each other," Susie Buffett told The New York Times.

Astrid Menks and Warren Buffett. Elaine Thompson/AP Images

Source: Time

Buffett would often say, "Susie put me together and Astrid keeps me together."

Warren Buffett. Jamie McCarthy/Getty Images

Source: Time

After a battle with cancer, Susan passed away from a stroke in 2004. She and Buffett were visiting friends in Cody, Wyoming, at the time.

Susan Buffett. Spencer Platt/Getty Images

Source: CNBC, CNN

Buffett and Astrid got married in a five-person ceremony at Buffett's daughter Susie's house in 2006 on his 76th birthday.

Astrid Menks and Warren Buffett. Scott Olson/Getty Images

Source: The New York Times

The wedding was a modest event followed by a reception at upscale seafood chain restaurant Bonefish Grill in Omaha, Nebraska.

A Bonefish Grill location in New Jersey. James R. Martin / Shutterstock.com

Source: The New York Times

According to his daughter Susie, Buffett had been thinking about marrying Astrid for some time after his first wife's death. "He's been talking about this for a while," she told The New York Times. "It's something he wanted to do."

Berkshire Hathaway CEO Warren Buffett Steve Pope/Getty Images

Source: The New York Times

"Who you marry, which is the ultimate partnership, is enormously important in determining the happiness in your life and your success and I was lucky in that respect," Buffett once said.

Astrid Menks and Warren Buffett. Brendan Hoffman / Getty

Source: CNBC

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