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The founder of Ikea flew economy, rode the bus, drove a decades old Volvo
...and regularly ate lunch in Ikea’s cafeteria. He passed away on January 27, 2018 at the age of 91.
He was worth around $58 Billion at the time he passed.
A truly remarkably man.
He was worth around $58 Billion at the time he passed.
A truly remarkably man.
2. John Caudwell
Current Worth: $2.7 Billion
Current Worth: $2.7 Billion
Co-founder of British cellphone company, Phones 4u, cuts his own hair and buys his clothes off the rack at Marks & Spencer.
3. David Cheriton
Current Worth : $6.7 billion
The billionaire professor at Stanford University and founder of Distributed Systems Group saves half of his meal for the next day when eating somewhere expensive, cuts his own hair,
The billionaire professor at Stanford University and founder of Distributed Systems Group saves half of his meal for the next day when eating somewhere expensive, cuts his own hair,
...and drives a 1986 Volkswagen van.
4. Warren Buffet
His antics are well known in the financial world.
Current Worth: $70. 8 billion.
He lives in an old home in Nebraska that he bought in 1958 for $31,500.
Current Worth: $70. 8 billion.
He lives in an old home in Nebraska that he bought in 1958 for $31,500.
He’s been carrying the same wallet for 20 years, eats at McDonalds everyday for breakfast, uses a flip phone, and has been driving the same car for many years.
5. Jean Paul Getty
The billionaire refused to pay the $17 million ransom when his grandson was kidnapped.
Eventually, he agreed on $3 million when the kidnappers sent him his grandson’s severed ear.
Eventually, he agreed on $3 million when the kidnappers sent him his grandson’s severed ear.
However, he only paid $2.2 million since that was the maximum that was tax deductible.
The other $800k, he loaned to his son on the condition that he pays him back with 4% interest.
The other $800k, he loaned to his son on the condition that he pays him back with 4% interest.
In 2017, a movie was made about the event.
6. Azim Premji
Indian business tycoon, investor, engineer, and philanthropist, who is the chairman of Wipro Limited.
He is informally known as the Czar of the Indian IT Industry.
Current Worth: $6.3 Billion
He is informally known as the Czar of the Indian IT Industry.
Current Worth: $6.3 Billion
He is one of the richest men in India. It is said that he drives a Toyota Corolla, flies coach, and stays in company guest houses while on business.
At work, he reminds his employees to turn off the lights at the office and keeps tabs on toilet paper usage.
At work, he reminds his employees to turn off the lights at the office and keeps tabs on toilet paper usage.
He even used paper plates for his son’s wedding.
7. Hetty Green (1834-1916)
Hetty Green, nicknamed the Witch of Wall Street, was an American businesswoman and financier known as "the richest woman in America" during the Gilded Age.
She was known for her wealth and was named by the Guinness Book of World Records as the "greatest miser".
She was known for her wealth and was named by the Guinness Book of World Records as the "greatest miser".
A billionaire by today’s standard’s, Hetty’s miserliness was legendary. She wore her clothes (and undergarments) until they were worn out, and legend has it she once spent half the night searching for a stamp worth 2 cents.
She also once tried to get her son admitted in a hospital for the poor (because it was free) after he broke his leg-the leg eventually had to be amputated.
She also suffered a hernia because
She also suffered a hernia because
...she did not want to pay the $150 bill (she was worth $100m-200m at the time) and moved regularly to avoid paying taxes in any of the states she lived in.
She refused to get her own office, preferring instead to work from the bank.
She refused to get her own office, preferring instead to work from the bank.
And she would travel as far as possible to collect her debts, even if you only owed her a hundred dollars. A miserly billionaire if there ever was one.
Also, she was rich enough to loan New York City money, several times, including a $1.1m loan once.
Also, she was rich enough to loan New York City money, several times, including a $1.1m loan once.
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