We can learn much from the frugal habits and lifestyles of several billionaires.

Joseph Corr

2016-10-01 00:00:00 Sat ET

We can learn much from the frugal habits and lifestyles of several billionaires on earth.

Warren Buffett, Chairman and CEO of Berkshire Hathaway, still lives in the same home that he bought for $31,500 in 1958.

Mark Zuckerberg, CEO and Founder of Facebook, now still drives a manual-transmission Volkswagen hatchback almost on a daily basis.

Adorning Bill Gates's wrist is a $10 watch, and Gates likes to wash the dishes at home every night for his family.

Carlos Slim Helú, Founder of Grupo Carso, has lived in the same six-bedroom house for more than 40 years.

Charlie Ergen, Chairman of Dish Network, still packs a brown-bag lunch everyday.

Amancio Ortega, Founder of Inditex, eats lunch with his employees in the Zara headquarters cafeteria.

Ingvar Kamprad, Founder of IKEA, still flies economy-class and often rides the bus.

Azim Premji, Chairman of Wipro, drives second-hand cars and often reminds employees to turn off the lights at the office.

Judy Faulkner, Founder of Epic Systems, confesses that she has never been interested in living a lavish life.

We can learn a great deal from these investors by choosing to lead a productive lifestyle with reasonably frugal habits and choices.


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More

President Trump blames the Federal Reserve for its *crazy tight* interest rate hike.

Becky Berkman

2018-10-13 10:44:00 Saturday ET

President Trump blames the Federal Reserve for its *crazy tight* interest rate hike.

Dow Jones tumbles 3% or 831 points while NASDAQ tanks 4%, and this negative investor sentiment rips through most European and Asian stock markets in early-O

+See More

Fed's new chairman Jerome Powell testifies before Congress for the first time.

Rose Prince

2018-02-27 09:35:00 Tuesday ET

Fed's new chairman Jerome Powell testifies before Congress for the first time.

Fed's new chairman Jerome Powell testifies before Congress for the first time. He vows to prevent price instability for U.S. consumers, firms, and finan

+See More

President Trump delivers his second state-of-the-union address to U.S. Congress.

Olivia London

2019-02-06 10:36:49 Wednesday ET

President Trump delivers his second state-of-the-union address to U.S. Congress.

President Trump delivers his second state-of-the-union address to U.S. Congress. Several key themes emerge from this presidential address. First, President

+See More

Thomas Piketty connects the dots between economic growth and inequality worldwide with long-term global empirical evidence.

Chanel Holden

2023-05-28 10:24:00 Sunday ET

Thomas Piketty connects the dots between economic growth and inequality worldwide with long-term global empirical evidence.

Thomas Piketty connects the dots between economic growth and inequality worldwide with long-term global empirical evidence. Thomas Piketty (2017) &nbs

+See More

Apple is now the world's biggest dividend payer with its $13 billion dividend payout.

Dan Rochefort

2017-04-19 17:37:00 Wednesday ET

Apple is now the world's biggest dividend payer with its $13 billion dividend payout.

Apple is now the world's biggest dividend payer with its $13 billion dividend payout and surpasses ExxonMobil's dividend payout record. Despite the

+See More

Corporate investment management

Charlene Vos

2022-04-15 10:32:00 Friday ET

Corporate investment management

Corporate investment management  This review of corporate investment literature focuses on some recent empirical studies of M&A, capital investm

+See More