![]() Compact and light enough to fit in his backpack, the drone required just two test flights before Buffett, four days after getting it in the mail, set it aloft above his acreage. He bought the Phantom 2 Vision+ for $1,299 on a site called Dave's Discount Motors. The young Buffett was perusing a tech blog in April when he read about the DJI Phanton 2 Vision+ RTF Quadcopter, a four-rotor flying camera that he figured could help him "tell a story of a mid-sized farmer practicing conservation-based agriculture." His billionaire grandfather famously bought the tract for a song - $280,000, to be exact - in 1986, and wrote about lessons from his stellar real-estate investment in this year's letter to Berkshire Hathaway (BRKA) shareholders. grows corn and soybeans on 400 acres that sit 50 miles north of Omaha. Buffett, who is Warren's elder son, Howard W. The 30-year-old grandson of Warren Buffett is president of Buffett Farms Nebraska. Buffett, who, granted, is no ordinary hobbyist. And the latest versions of the unmanned aerial vehicles, or UAVs, are so user-friendly than an ordinary hobbyist can now buy one for $1,000 or so online and use it to film special moments, from adventure vacations to sporting events. Drones will soon deliver your Amazon (AMZN) packages, if CEO Jeff Bezos has his way. Drones are the key to future warfare, security experts say. Howard Buffett explains how they have been able to increase their yields by 20 per cent in just three years through their farming practices. The video was taken by Warren Buffett's grandson Howard W. A short clip profiling the work done on the Buffett farm north of Omaha, Nebraska.
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