Investor Warren Buffet only wears suits from China’s Dayang Trands. He’s got nine already and threw away his other suits. Check out this letter he wrote to the owner of the company here. The stock in Dayang Trands shot up after Buffet made his statements. Other people wearing the suits include Chinese President Hu Jintao, Buffet’s business partner Charlie Munger and Microsoft Chairman Bill Gates. In case you were wondering, the cheapest suit is $1,000 USD. It only goes up from there.

The woman behind Dayang Trands is Li Guilian aka “Madame Li”. She come a long way from being a farmer’s daughter making suits on a single sewing machine 30 years ago to running a mini empire with 20 stores and cranking out about 5 millions suits a year. Dayang Trands manufactures and markets its own men’s wear brand “Trands”. It also sells to clothing comapies like BCBG, Banana Republic, DKNY, Calvin Klein, and Macy’s.

Warren Buffet wears Chinese suits from Dayang Trands