Forbes lists world’s most frugal billionaires
Just cuz they’re worth billions doesn’t mean they act like it.
Forbes has unearthed a list of more than 30 of the world’s richest people whose miserly ways are documented, and in many cases, celebrated by the head honchos themselves!
Jim Walton, the son of WalMart founder Sam Walton, reportedly eschews fancy cars for more reliable pickup trucks – his 15-year-old Dodge Dakota stands in stark contrast with his estimated $16.4-billion fortune.
Ingvar Kamprad, the founder of Ikea, decorates his home with … Ikea! And, other than the occasional fish roe treat, Kamprad is a noted spendthrift, driving a 1993 Volvo. Not to be outdone, John Cauldwell of the Cauldwell Group, despite personal wealth in excess of $2.2 billion, cuts his own hair. (And here we were thinking that was Bill Gates!)
Forbes’ quirky list also features the king of them all, Warren Buffet, who, despite a net worth far past $50 billion, lives in the home he purchased 50 years ago – for $31,500.
And who thought money said it all?
Related Articles
Atlanta’s Luxury Hotel Scene Has Outgrown Buckhead: The Best Hotels in Atlanta Right Now
Atlanta’s luxury hotel scene now stretches well beyond its longtime Buckhead icons. The St. Regis and Waldorf Astoria still set the bar for classic five-star service, while Nobu, Forth, Hotel Phoenix, and the new JW Marriott Downtown have brought fresh energy to the city’s hospitality landscape. From resort-style pools and serious spas to destination restaurants […]
Do Mykonos & The Greek Islands in Luxury With These Hotels
From Kalesma Mykonos to Grace Hotel Santorini, the 10 best luxury hotels across Mykonos and the Greek Islands.
LPM Miami Is Giving Away a Trip to the French Riviera This Summer
LPM Miami relaunches its Les Precious Moments summer menu with a raffle offering a flight to the French Riviera.
Ferragamo Returns to the Hamptons With an Exclusive Pop-Up
Ferragamo’s exclusive Hamptons pop-up runs July 22–26 at Topping Rose House in Bridgehampton — featuring the Pre-Fall 2026 collection.
The Chicest Designer Sandals & Slides This Season
From the Hermès Oran to Bottega Veneta’s Puddle sandal, the best designer sandals and slides trending in luxury shopping for Summer 2026.
Shinsegae and OKO Partner on $500 Million Expansion for Aman Group
Shinsegae Group and OKO Group invest $500 million to develop Aman and Janu luxury hotels, branded residences, and mixed use projects worldwide.
Latest Stories
Trending Articles
Related Articles
Atlanta’s Luxury Hotel Scene Has Outgrown Buckhead: The Best Hotels in Atlanta Right Now
Atlanta’s luxury hotel scene now stretches well beyond its longtime Buckhead icons. The St. Regis and Waldorf Astoria still set the bar for classic five-star service, while Nobu, Forth, Hotel Phoenix, and the new JW Marriott Downtown have brought fresh energy to the city’s hospitality landscape. From resort-style pools and serious spas to destination restaurants […]
Do Mykonos & The Greek Islands in Luxury With These Hotels
From Kalesma Mykonos to Grace Hotel Santorini, the 10 best luxury hotels across Mykonos and the Greek Islands.
LPM Miami Is Giving Away a Trip to the French Riviera This Summer
LPM Miami relaunches its Les Precious Moments summer menu with a raffle offering a flight to the French Riviera.
Ferragamo Returns to the Hamptons With an Exclusive Pop-Up
Ferragamo’s exclusive Hamptons pop-up runs July 22–26 at Topping Rose House in Bridgehampton — featuring the Pre-Fall 2026 collection.
The Chicest Designer Sandals & Slides This Season
From the Hermès Oran to Bottega Veneta’s Puddle sandal, the best designer sandals and slides trending in luxury shopping for Summer 2026.
Shinsegae and OKO Partner on $500 Million Expansion for Aman Group
Shinsegae Group and OKO Group invest $500 million to develop Aman and Janu luxury hotels, branded residences, and mixed use projects worldwide.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events