IKEA Billionaire Proud to be Frugal
He drives a 15-year-old car and flies economy class, even though he can afford the most expensive car and private plane available. IKEA founder Ingvar Kamprad, ranked 4th richest man in the world, is not hiding the fact of his frugality. In fact, he’s proud of it.
His fortune was recently estimated at $28 billion by Forbes magazine — trailing only Microsoft co-founder Bill Gates, U.S. investor Warren Buffett and Mexican industrialist Carlos Slim.
“People say I am cheap and I don’t mind if they do. But I am very proud to follow the rules of our company,” Kamprad told French-language Swiss Broadcasting Corporation.
Asked to confirm he drove an old Volvo, he said: “She is nearly new, just 15 years old, or something like that.”
Interviewer Darius Rochebin teased that IKEA employees were always told to write on both sides of the paper.
“Why not? If there is such a thing as good leadership, it is to give a good example. I have to do so for all the IKEA employees,” Kamprad retorted.
Even if most of us frugal people are not millionaires by a long shot, we’re in good company, eh?
[Source: MSNBC]
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