Having more money allows people to have the freedom to do more things. It makes it possible for them to go out to eat at a fancy restaurant and buy some of the nicest material possessions that are available. But it may come as a surprise for most people that some of the richest people around the world deliberately avoid following this kind of lifestyle. They maintain a reasonable lifestyle instead of using their wealth to afford whatever their heart desires. Each successful person has unique habits for building a level of wealth, living frugally, saving carefully, and living below their means.
Whether you are interested in accumulating wealth similar to these ultra-rich magnets or just want to learn from these world’s wealthiest people, following is a list of few self-made billionaires and their economical habits:
Jeff Bezos:
Net Worth: $109 billion
The founder and CEO of Amazon, Jeff Bezos is the richest person on earth. According to sources he still drives his Honda Accord which for him is a perfectly good car.
Warren Buffet:
Net Worth: $ 91.7 billion
One of the wisest richest people on earth Warren Buffet lives in a modest home. He bought this house for $31,500 in 1958, does not possess any cell phone or use any computer for his work. According to him, his quality of life has not been affected by the amount of wealth he has and is much happy with it. He says that after a point, it does not make any difference either you have one house or six.
Mark Zuckerberg:
Net Worth: $74.2 billion
Mark Zuckerberg leads a low-key lifestyle despite his status of a tech-mogul. He is known for his uniform T-shirt, hoodie, and jeans. He says that he lives his life in a way so that he can make important decisions of how to serve the community at best and for that he needs everything cleared of any kind of disturbance.
Azim Premji:
Net Worth: $ 18.4 billion
The 71-year-old Azim Premji is one of India’s wealthiest tech tycoons. He is known as the bare-bones billionaire because he never hesitates to jump into one of eh country’s three-wheel auto rickshaw from the airport to reach home. He is known to drive secondhand cars and forces on saving energy by reminding his employees to turn off lights at the office.
Ingvar Kamprad:
Net Worth: $56.4 billion
In Europe, Kamprad is regarded as one of the richest people but he lives an extremely humble life. He is the founder of IKEA and flies in economy class and rides the bus. He never feel any shame in having his lunch at the company’s usual cafeteria.
Judy Faulkner:
Net Worth: $5.03 billion
The founder of the Epic Systems, a private healthcare company that sells medical record software, is a multibillionaire. In the past, Faulkner has owned only two cars in the past 15 years and has been living with her husband in the same suburb for nearly decades.