Business Insider
Mon, 28 Jan 2013 10:45:00 GMT | By Julie Zeveloff and Gus Lubin, Business Insider
15 billionaires who live frugally

From Warren Buffett to Carlos Slim Helú, these billionaires mostly live as if they're middle class.



Ingvar Kamprad, founder of IKEA; Warren Buffett, chairman and CEO of Berkshire Hathaway; and Mark Zuckerberg, founder and CEO of Facebook. (© Thord Nilsson/Scanpix/Reuters; Scott Olson/Getty Images)
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  • Ingvar Kamprad, founder of IKEA; Warren Buffett, chairman and CEO of Berkshire Hathaway; and Mark Zuckerberg, founder and CEO of Facebook. (© Thord Nilsson/Scanpix/Reuters; Scott Olson/Getty Images)
  • Warren Buffett, chairman of Berkshire Hathaway, attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho. (© Scott Olson/Getty Images)
  • Mark Zuckerberg, chief executive officer and founder of Facebook Inc., right, and Andrew 'Drew' Houston, founder and chief executive of Dropbox, wait in a parked car at the Sun Valley Lodge during the Allen & Company Sun Valley Conference on July 12, 2012, in Sun Valley, Idaho. (© Kevork Djansezian/Getty Images)
  • Founder and owner of furniture company IKEA Ingvar Kamprad in Haparanda, Sweden, Nov. 15, 2006. (© Thord Nilsson/Scanpix/Reuters)
  • Apple CEO Tim Cook attends the Allen & Co Media Conference in Sun Valley, Idaho, July 11, 2012. (© Jim Urquhart/Newscom/RTR)
  • Christy Walton, heir to Walmart fortune
  • Chuck Feeney, co-founder of Duty Free Shoppers Group. (© Handout)
  • Azim Premji, chairman of Wipro Ltd., left, listens during a session hosted by Time Magazine on the first day of the World Economic Forum (WEF) Annual Meeting 2011 in Davos, Switzerland, on Jan. 26, 2011. (© Andrew Harrer/Bloomberg via Getty Images)
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Have you ever wondered what you would do with a billion dollars?

These 15 frugal billionaires have answered that question and their response is "not much."

Instead of dropping dough on jets, yachts and mansions, they have saved up, lived modestly, and given away huge amounts of money to charity.

* All dollar amounts in USD.

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  1. 76 %
    1. Yes, owning a home is an investment that will pay off.
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    9 %
    2. No, I'd rather save my money and rent.
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