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.

“The need of investment to boost agricultural production to reach USD200 billion to 40 years into the future, and $ 120 billion of them to countries in the Asia Pacific region,” said Director General of the World Food Organization (FAO) Jacques Diouf, Thursday (07/08/2010).

He added that the increase in world food production must be coupled with more and better crop management with a more modern way supported the strength of post harvest infrastructure and capacity-building. But also important is the availability of research funding for agriculture.

“Achieving food security at regional, national and household level has long been a struggle in this region, even as our economy improves,” said ADB President Haruhiko Kuroda.

He added that the sustainable and balanced economic rebound in Asia a lesson that the food crisis in 2008, has provided opportunities to utilize the collective resources to achieve food security.

According to the ADB, the Asia Pacific region is home to the largest number of poor people and is one of the areas most vulnerable to the impacts of climate change and economic shocks.

“This region is the largest supplier and consumer of food and is home to a vibrant agricultural industry to provide a variety of affordable food product upgrades,” said Kuroda.

Regional forum of Asia Investment and Food Security is the first held with the aim of identifying constraints in achieving food security.

The meeting was also to explore various opportunities in order to show that the Asia and Pacific region is an attractive region for private sector to increase investment in adding business initiatives.

Meanwhile, the ADB economist said Ganeshan Wignaraja, Asia requires integrated trading system to help get out of the slowing global economic growth due to debt concerns of Western countries.

“It would be better if Asia does not depend on imports and can eliminate trade barriers for growing domestic market,” he said as quoted by Economic Times Wignajara

The central bank said in a statement that the cuts are needed to encourage economic recovery is still volatile in Russia and to stimulate borrowing against the background of moderate inflation.

“Data on the main macroeconomic indicators of Russia shows a gradual recovery to economic growth. But there are also significant risks in the recovery of credit activity and economic growth,” he disclosed such data, as reported by the AFP on Tuesday (06/01/2010 ).

In the statement, the Russian Central Bank also said that if the uncertainty on the future of the external economic situation, adding that this policy will determine the future of the bank. In addition to reducing the bank policies that have been helped by lower inflation in Russia, where in May was recorded at 5.7 percent.  For your information, the Russians had been hard hit by the global economic crisis, in which the economy contracted by 7.9 percent last year. But so far managed to avoid major problems that hit the countries that were hit by debt such as Greece.

Ministry of economic development for Russia’s growth estimated at four per cent this year followed the next year will grow by 3.5 percent in 2011. However, officials warned it took many years for this country to return to growth rates before the crisis.

Analysts said that while Russia seems to have passed this economic storm, its economy highly dependent and vulnerable to oil price fluctuations

“Greece will not require additional steps, especially the painful measures (budget cuts). I only see one option in the future, ie achieving the set targets,” said Finance Minister George Papaconstantinou Eleftherotypia as quoted from Reuters, Sunday (30 / 5 / 2010).

Greece, previously obtained a loan of funds (bailout) of 110 billion euros, equivalent to USD134 billion in order to avoid default (default) for the debt which had by that country.  In return, Yunanai promised to reduce its budget deficit to three percent in 2013 from gross domestic income (GDP). In fact, now the Greek deficit reached 11 percent.

As a result, the market became concerned with the Greek step ‘mengecangkan belt’ is a significant. And it is also expected to lead the country plunged into a deeper economic recession and threatening to meet fiscal targets, and to extend the country’s debt crisis.

Bank of Greece instead projecting the economic downturn will be deeper. Where GDP is estimated to still be experiencing a contraction of up to four percent in 2010 if the government increased its tax revenue and cut their salaries and pensions as a shortcut.

“Economic recession will be on the deepest level in the year 2010 and beyond this there will be a gradual recovery. I remain optimistic and believe that we will recover quickly,” said Greek Finance Minister.

It reaffirms the socialist government’s attitude on the debt restructuring is not an option, either now or in the future.

“The debt restructuring will be a disaster for the credibility of the state. This will cause the marginalization of the capital markets, even more belt tightening will cause a very deep recession,” he said.

He said Greece could rely on the EU and the IMF program for the financing needs without having to return to the market for a loan before the first quarter of 2012. “The government has shown not counting the political cost when it comes to what needs to be done for the good of this country,” said Papaconstantinou

U.S. announces trade ministry’s total exports in March amounted to USD147, 9 billion and imports recorded USD188, 3 billion. Thus, the total deficit recorded in March $ 40, 4 billion. The deficit in March rose 2.5 percent in February compared to a deficit of $ 39, 4. The increase in the deficit in March mainly triggered by soaring oil imports.

This is a positive report for the U.S. and world growth outlook. The data show a sharp increase both in volume of exports and imports. This demonstrates the global economic recovery has great momentum, said Insight Chief Economist Nigel Gault Goblal IHS as quoted by AFP Friday (14/05/2010).

The volume of international trade of goods and services, Uncle Sam reaches its highest level since October 2008. Month in October 2008 became the main indicator for one month after the failure of Wall Street investment banks Lehman Brothers, which caused the worst global recession since World War II. Exports rose 3.2 percent in March 2010 to USD147, 9 billion, while imports rose 3.1 percent to USD188, 3 billion.

Last March, U.S. President Barack Obama promised to double the export of goods and services. This policy aims to increase the opening of job opportunities that could reduce U.S. unemployment rate is nearly double digits. Some economists worry about high unemployment in the U.S. could threaten U.S. economic recovery is still weak.

Ministry of Commerce explains, March crude oil imports soared to USD22, 26 billion from the February position USD17, 74 billion. The average price per barrel of imported crude oil rose $ 1, 40 to USD74, 32 per barrel. In terms of volume, imports of crude oil rose 25.5 percent. Imports in March was the biggest since December 2008 and in line with analyst forecasts that predict monthly imports will increase to $ 40, 5 billion.

U.S. trade deficit and China has also increased. In March, the deficit rose 2.4 percent to USD16, 9 billion. Manufacturing subsidies in China and oil account deficit, both will increase with the increase in consumer spending and strengthening oil prices during 2010, said economist and University of Maryland professor Peter Morici.

Jeffrey Rosen, an analyst at Briefing.com, assess the increase in the deficit is the direct impact of the rise of consumer demand. Of the increase of imports amounting to USD5, 6 billion, USD3, 6 billion was contributed from the increase in demand for raw materials from the industrial sector, he said.

He estimates, the increase in oil products as well as one of the drivers of the increase in the deficit. Back berproduksinya manufacturing in the U.S. is the main factor of increase in spending (demand), explained Rosen.

The report from the Ministry of Commerce The U.S. is the additional fact that the sector’s contribution towards the recovery of export goods manufkatur achieve the highest level since October 2008. The manufacturing sector as well as the main driver of increased import of industrial raw materials.

Different opinions uttered by Joel Naroff of Naroff Economic Advisors. He warned that rising deficits could be inhibiting economic recovery in the U.S..

“It seems to narrow the trade gap perekonomin. That means growth will be driven by an increase in the deficit,” said Naroff.

March trade deficit with Canada, the largest U.S. trading partner, fell to $ 2, 3 billion. However, trade deficits with other major U.S. partners continue to rise. U.S. deficit with the European Union (EU) rose 32.7% from $ 5, 3 billion in February to $ 7, 1 billion in March. With Mexico, the deficit rose to $ 6 billion from February’s position amounted to $ 4, 8 billion.

Meanwhile, the trade deficit with Japan increased by $ 1 billion to $ 5, 3 billion. Trade gap with the Organization of Petroleum Exporting Countries (OPEC) in March rose 42 percent to USD9, 1 billion.

Economists assess the outlook for U.S. exports could be disrupted by the debt crisis that occurred in Europe. Europe’s economic slowdown will hit U.S. exports to the EU. During March, the weakening U.S. dollar has boosted exports. However, the European crisis could reduce demand and encourage the dollar continues to strengthen. U.S. exports to 16 countries in the euro zone recorded 15 percent of total U.S. exports.

Outlook export (USA) has been depressed in the European financial crisis, a crisis down the prospect of overseas activities, Senior Economist, Capital Economics said Paul Dales