8 Most Frugal Billionaires of All Time
By SiliconIndia
Jim C. Walton
$19.21 Billion
Country: United States
James Carr Walton is the Chairman of Arvest Bank. He was born on born July 7, 1948 and is the youngest son of Sam Walton who is the founder of Wal-Mart, world’s biggest retail chain and business. Being a member of America's richest family, he inherited his family property which worth’s billions and also a careful spending habits from his father. Like his billionaire sister Alice, Jim also prefers having sturdy pickup trucks instead of stylish, expensive sports cars. He reportedly drives a 15-year-old Dodge Dakota.
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Azim Premji
$12.2 Billion
Country: India
Azim Premji is currently the third wealthiest Indian, according to Forbes. Premji had inherited a cooking-oil business from his father and transformed it into technology-services giant Wipro during the 80’s. In 2011, he has been awarded Padma Vibhushan, the second highest civilian award by the Government of India. Parsimonious Premji drove a Ford Escort for eight years before trading it in for a new Toyota Corolla, but he usually travels by foot to office from his nearby home. When out on a tour, he prefers staying at budget hotels. He reportedly wears non-branded suits and flies in economy class. Paper plates were used at a luncheon in his son Rishad's wedding a few years ago.
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