Secrets Of Frugal Billionaires


Bangalore: We all know the extraordinarily lavish purchases of the filthy rich but what about the ones are tad bit more sensible with money? There is a host of billionaires in the world who know how to spend their hard earned money. Forbes gives one such list and tells about the wise spending habits of some very famous billionaires –

1. Warren Buffett

The very famous ‘Wizard of Omaha’ is undoubtedly the most revered investment guru of the block. His ways of investing money are like the golden principle to many investors. This philanthropist billionaire does not believe in living life king size and continues to live in his humble $31,500 home in Nebraska, which he had bought in the year 1958. He believes in good bargains and got a 2006 Cadillac DTS in exchange for his 6 year old Lincoln Town Car. Surprisingly, he doesn’t carry a cell-phone and even a desktop in his office.