WHAT would you do if a billionaire who has a lot of money? Despite any wealth worth billions of U.S. dollars, following billionaire some choose not to squander their wealth to live a lavish lifestyle.
Consider the lessons learned from five people following billionaire, to build life-saving and simple principles:
1. Warren Buffett
Millions of people have read books written by Warren Buffett and follow every movement of his company, Berkshire Hathaway. However, the real secret of Buffett’s personal wealth may be derived from hematnya living habits.
Buffett, who currently has a net worth estimated U.S. $ 47 billion, refused to stay at home supermegah and buy luxury goods. He still lives in a modest house in Omaha, Nebraska, bought for U.S. $ 31,500 more than 50 years ago. Although he had been dining at the finest restaurants in various parts of the world, Buffett would prefer a burger and fries, accompanied by a glass of cherry coke.
When asked why he did not have a private yacht, Buffett replied, “Most toys only make trouble.”
2. Carlos Slim Helu
While most people know Bill Gates, Carlos Slim Helu’s name might sound familiar to the ear. Billionaire native Mexicans, recently crowned as the richest man in the world, defeated Gates who became the founding partner of Microsoft.
Slim has a net worth of more than U.S. $ 53 billion. Even though he was more than able to live the extravagant lifestyle, she rarely did. Like Buffett, Slim also does not have a yacht or private aircraft, and live in the same house that has been occupied for more than 40 years.
3. Ingvard Kampard
Founder of Swedish furniture company, Ikea, is achieving success with self assembled furniture business and are sold at affordable prices. For Ingvar Kamprad, discover how to save money not only done for their customers, but become the highest value of life.
“People are not driving a shiny Ikea or staying in luxury hotels,” he said at one point.
It also applies the principle of life for him. He used the cheapest flights for business trips, and choose a bus or drive a Volvo 240 GL of his 15-year-old to get around the city.
4. Chuck Feeney
Growing up in the Depression might influence the frugal lifestyle Chuck Feeney. With the motto of life “I have to work hard, not getting rich,” the founding partners of this Duty Free Shoppers had secretly become a billionaire, but secretly has distributed nearly all of his fortune through his foundation, Atlantic Philanthropies. In addition to donating more than U.S. $ 600 million to his alma mater, Cornell University, he also has donated billions to various schools, research, and hospitals.
Feeney refused to spend money on things that are not needed, and beat Buffett and Kamprad in terms of donations. He donated several thousand dollars less than the Ford Foundation and the Bill & Melinda Gates Foundation.
As a faithful user of public transportation, Feeney flew in economy class, buy clothes from retail stores, and not spending money for shoes. “You’re just wearing a pair of shoes every time,” he said. She raised her children in the same way, and make sure they take summer jobs similar to other ordinary teenagers.
5. Frederik Meijer
Frederik Meijer is a grocery store chain owner with a fortune worth more than U.S. $ 5 billion.
Like Buffett, he buys her expensive car and drive it up to unreasonable damage. Like Kamprad, he chose to stay in motels when traveling on business. Like some other billionaire, Meijer also uses his wealth for the welfare of society.