Have you ever wondered what you would do with a billion dollars? Drop dough on jets, yachts, and mansions? Well, that’s what they do in movies.
Back to the real world, billionaires, instead of wallowing in loads of cash, save up, live modestly, or give away huge chunks to some charity work.
Here are some of the strikingly different situations which tell how movies have led us to believe in lies. Contrary to what goes on in our Fantasyland, these billionaires, though can afford it, don’t choose to live in the lap of luxury.
They ain’t jam-packed with a suit and a tie all the time.
Mark Zuckerberg wears the same gray t-shirt and hoodie to work every day because no time to decide. Ortega, the founder of Zara has a simple dress code for himself; a uniform of blue blazer, white shirt and gray pants every day.
They don’t invite the whole city to their weddings.
Most billionaires keep it a low-key affair with just few friends and family around. Buffett’s marriage to his second wife was a brief afternoon wedding at his daughter’s house in Omaha. While Zuckerberg’s wedding took place in his backyard.
They don’t ALWAYS have to travel in luxury cars.
Azim Premji takes a three-wheel auto rickshaw from the Bangalore airport to his house when coming back from business trips. Zuckerberg still drives his old Acura and not some fancy supecar because “it’s safe and not ostentatious.”
They may live below their means because saving a few bucks won’t hurt.
With a worth more than $12 billion, Premji is said to monitor the number of toilet-paper rolls used in Wipro facilities and demands that employees switch off the lights when leaving their offices. Chuck Feeney, co-founder of Duty Free Shoppers chooses the second-cheapest wine from the wine list though he could buy the whole bar.
They might choose to live like a minimalist with no lavish lifestyle floating around.
David Cheriton, the Stanford professor who has an estimated net worth of $1.3 billion from Google shares, hates the idea of living like a billionaire. “These people who build houses with 13 bathrooms and so on, there’s something wrong with them,” he says. Also, Buffett still lives in the Omaha, a home he bought more than 50 years ago.
And yes, they bargain too!
When Theo, the co-founder of Aldi was kidnapped for 17 days in 1971, his brother, Albercht negotiated a bargain ransom of $4 million — which he then wrote off as a business expense. Just to tell you, Aldi is to Europe what Walmart is to the US. Big company!
Eating in cheap restaurants and haggling over prices at the market is totally their style.
The founder of IKEA says he drives a 15-year-old Volvo and always flies economy class. Kamprad and his wife have decorated their Switzerland home, with inexpensive furnitures from their own firm, as well as a few family heirlooms.
Not every billionaire owns a yacht or a private plane.
The CEO of Berkshire Hathaway doesn’t bother about owning a yacht because, as he puts it, “Most toys are just a pain in the neck.” Slim, CEO of Telmex may be one of the wealthiest person on the planet, but still drives himself to work.
They don’t necessarily let their children live in the lap of luxury.
Saving the best for the last, Bill Gates, the richest man on Earth doesn’t feel like spoiling his kids with a chubby wad of pocket money or exotic trips overseas. Walton, the heir to Walmart fortune wanted a normal upbringing for her son, so she raised him in an 1896 Victorian home in National City, Calif, outside of San Diego.