He is an Emmy Award-winning musician, composer, producer and author, who just happened to grow up as the son of the world's wealthiest man.
In his new book, "Life is What You Make It: Finding Your Own Path to Fulfillment," Peter Buffett explains why money does not lead to happiness.
He says he learned a great deal about the value of personal satisfaction by watching his father, Warren Buffett, every day. He says growing up, he and his siblings didn't even realize that they were wealthy because they never had a lot of stuff. He says instead, they just saw a guy who loved what he did every day and was happy and fulfilled by his work.
Peter says too many people choose careers that they think will bring them security or wealth rather than finding something that will make them happy and excited to get up every day.
He says some people make a lot of money to fill some hole in their lives. But his father made a lot of money by accident -- he was just doing what he loved and happened to make a lot of money along the way.
Peter says we can all learn a lot by his father's example and how he raised his children. Peter says he was always expected to make his own way in life.
In his new book, he writes about the perils of spoiling our children and how it impacts their future success. Peter says self respect can only comes from earning your own rewards in life.
Plus, find out his tips for finding your own passion in life.
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Karen Putz/ @DeafMom
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Posted 1:02am December 29th, 2010I'm in the middle of Peter's book and loving what he has to share.