The Frugal Billionaires
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Nancy Kaszerman, ZUMA Press
Lots of Cash,
Not So Much FlashSure, some billionaires fly private jets, live in massive mansions, dine at the world's finest restaurants and shop at Gucci, Prada and Louis Vuitton. After all, they're rich. But some of the world's wealthiest people aren't so flashy. They're frugal -- for billionaires, at least.
Click through our gallery to see which of the rich live modestly.
· Article: Frugal Billionaires
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David Silverman, Getty Images
Warren Buffett
Net Worth: $57 Billion
Country: United States
Frugal Fact: America's most admired investor still lives in the same modest Nebraska home he bought in 1958 for $31,500.
· More on Buffett's Frugality
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Ingvar Kamprad & Family
Net Worth: $33 Billion
Country: Sweden
Frugal Facts: Ikea's pennywise founder is famous for being cheap. He flies coach, drives a 1993 Volvo and often dines at lower-tier restaurants.
· More on Kamprad's Frugality
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Wal-Mart
Jim C. Walton
Net Worth: $16.4 Billion
Country: United States
Frugal Facts: The Wal-Mart scion and member of America's richest family inherited his billions -- and spending habits -- from his father Sam. He reportedly drives a 15-year-old Dodge Dakota.
· More on Walton's Frugality
Next: Paper Plates, PleaseMore Hot Forbes Features:
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Gautum Singh, AP
Azim Premji
Net Worth: $17.1 Billion
Country: India
Frugal Facts: Premji, Chairman & CEO of Wipro (one of the largest software companies in India), often stays at budget hotels, wears non-branded suits and flies economy. Paper plates were used at a luncheon in honor of his son's wedding.
· More on Premji's Frugality
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Adam Bird, AP
Frederik Meijer & Family
Net Worth: $2 Billion
Country: United States
Frugal Facts: Retail tycoon Meijer is known to drive cars with exceptionally high gas mileage. He buys inexpensive suits off the racks of his stores and prefers to stay in budget motels.
· More on Meijer's Frugality
· More Frugal Rich People
Next: Billionaire HeiressesMore Hot Forbes Features:
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Most Intriguing HeiressesNow that you've seen which billionaires have unusually modest spending habits, see what makes these billionaire heiresses unique. These young ladies defy the stereotype of the bon-bon popping princess thanks to their achievements.
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