5 Billionaires Who Are Cheaper Than You
Have you ever wondered what you would do with a billion dollars? These five billionaires have answered that question, and their responses may surprise you.
Caudwell, the founder of British company Phones 4u, was once the UK's biggest taxpayer and is worth about $2.3 billion. But he used to ride his bike over 20 kilometers to work, and even cuts his own hair.
Worth over $9 billion, Charlie Ergen is the second richest person in Colorado. But the founder of TV company Dish Network is extremely frugal. He takes lunch to work instead of eating out, and used to share hotel rooms with colleagues when traveling.
Jim Walton is the youngest son of Sam Walton, the founder of Walmart. Although he's worth around $45 billion, Walton drove the same old pickup truck for years, and still lives and works in the small town in Arkansas near where the first Walmart opened in 1962.
Stanford professor David Cheriton got rich by investing in tech companies like Google and Arista Networks. He's worth about $6 billion, but Cheriton says he only flies coach, cuts his own hair, and even reuses teabags to save time and money.
Even though he's the third richest person in the world, according to Forbes, Buffett still lives in the house he bought for $31,500 in 1958. He eats McDonald's for breakfast every day but never spends more than $3.17 on his morning meal. Buffett is worth $84.6 billion, but since 2000, he's donated over $46 billion.
