8 Most Frugal Billionaires of All Time


Frederik Meijer

$5 Billion

Country: United States

The solitary retail tycoon, Frederik Gerhard Hendrik Meijer (December 7, 1919 – November 25, 2011) was the Chairman of the Meijer hypermarket chain in Michigan, United States. He was raised to be a penny-pincher. His father Hendrik was a barber, but switched to supermarkets opening Meijer Grocery in 1934. The father-and-son duo launched Meijer Thrifty Acres in 1962 and pioneered one-stop shopping, as it sold food and general merchandise under the same roof. Reportedly, he was the 60th wealthiest person in the United States at the time of his death. When alive, Meijer drove cars with exceptionally high gas mileage and worn low-priced suits bought off the racks of his stores. He also stayed in budget motels while travelling around the world.

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Richard Kinder

$9.4 Billion

Country: United States

Richard Kinder was born in October 19, 1944, in Cape Girardeau, Missouri. Kinder took his first job as a lawyer and real-estate investor in Houston, Texas. After he filed for bankruptcy, he joined the Enron Corporation in 1990.  After serving as its President and COO, he left Enron in 1996. Today, he is the CEO and Chairman of the Board of Kinder Morgan Energy Partners, an energy and pipeline corporation. He believes in efficiency, prefers flying in coach on company business.

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