BUSINESSFORTUNE
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
IKEA founder Ingvar Kamprad lived frugally despite his $58.7 billion net worth, buying clothes at flea markets, taking free salt and pepper from restaurants, and driving an old Volvo. He emphasized thrifty habits rooted in his Småland upbringing, and other billionaires like Warren Buffett and Mitzi Perdue also practice frugality.
Mentioned
Related Signal
Adjacent reporting
- Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’
- ‘I have more money than I know what to do with’: I’m a single millionaire with no heirs and don’t like spending. What’s wrong with me?
- Mexican Billionaire Ricardo Salinas Bets 70% of His Portfolio on Bitcoin, Eyes $1 Million Price
- Fashion to Fish Farms: Meet Norwegian Billionaire Gustav Witzoe
- I'm a billionaire hair care and tequila founder. I don't have an email address and am motivated by peace and love — here's my routine.