Frugality Comes First For These 9 Billionaires


BANGALORE: What are your plans if you will get rich? A chopper of your own, or a multi storey house with full of luxuries or driving in a Ferrari or Lamborghini. We always think of getting rich so that we can flee from our middle class lifestyle and enjoy the worldly pleasure and luxury.

It might be and it can be, but do you know there are some millionaires and billionaires who still believe in ‘simple living and high thinking’.

There have proved that there is nothing much that could be done with a heavy bank balance instead they have given away a huge amount as charity.

Their modesty towards life is an own reward for themselves. There are few of world’s wealthiest men, who abstain from wasting money and are known for their frugal lifestyle. And if you are curious to know more about them, then here is the list as compiled by Business Insider

1. Warren Buffett
Net worth: $73.8 Billion

Warren Buffet is the CEO, Chairman and largest shareholder at Berkshire Hathaway. Warren Buffett is one of the richest people in the world who still reside in an old house bought for $31,000 in 1958. He does not indulge himself in unnecessary expenditure.

In fact, when he got married to his second wife, the event was a very simple rather than a lavish affair that took place in his daughter’s house. 

Moreover, at one pint of time, Warren Buffet even requested American government to increase his taxes. In June 2006, he announced that 83 percent of his fortune would be given to Bill & Melinda Gates Foundation, which will be the largest donation in the history.

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