Warren Buffet
Photo: Facebook
Warren Buffet Photo: Facebook
Ingvar Kamprad
Photo: Facebook
Ingvar Kamprad Photo: Facebook
Azim Premji
Photo: Facebook
Azim Premji Photo: Facebook
Jim C. Walton
Photo: Facebook
Jim C. Walton Photo: Facebook
John Caudwell
Photo: Facebook
John Caudwell Photo: Facebook
DURBAN - Some the richest billionaires can surprisingly be the most frugal people.

Here is a look at the most frugal billionaires in the world:

1. Warren Buffet

Buffet has a net worth of $57 billion. He chooses to live the same home that he purchased more than 50 years ago and still drives a 2006 Cadillac.He is also a champion of the middle class and says his lifestyle is him trying to live by example.

2. Ingvar Kamprad

Kamprad, a Swedish entrepreneur, is the creator of IKEA and has a net worth of $33 billion. Kamprad uses IKEA furniture to furnish his house while driving a 15-year-old Volvo. He even flies in economy when travelling.

3. Azim Premji

Premji has a whopping $17,1 billion at his disposal from of his tech services company, Wipro. Despite being one of the richest men in India, Premji still drives a Corolla, flies coach when travelling and stays in company guesthouses when travelling on business.

Premji even used paper plates at his son's wedding.


4. Jim C. Walton

Walton inherited a $16,4 billion fortune from his dad and added to it through the Walmart Empire. The billionaire still drives an old Dodge Dakota.

5. John Caudwell

Caudwell has a net worth of $2,2 billion. With all of his money, he chooses to cycle to work every day, cut his own hair to avoid wasting time at the barber and buys his own clothes of the Mark's and Spencer's rack.


- BUSINESS REPORT ONLINE