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Lucy Guo

Coverage of Lucy Guo in the Nexus archive.

Earliest in view: Jun 25 · 07:02 UTCMost recent: Jun 25 · 07:02 UTC

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BUSINESSJun 25 · 07:02 UTCFORTUNE
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.