There's no shortage of news about the rich and famous's extravagant spending. Athletes, movie stars, and business magnates adore their ships and estates, and ordinary people adore reading about their luxurious lives.
Some of them, on the other hand, live exceedingly simple lives of frugality and penny-pinching, much like the masses who do the same out of need. The following wealthy individuals have the means to live in a world of splendor and excess; they simply choose not to.
Warren Buffett
Despite being in his 90s, Warren Buffett is still the chairman and CEO of Berkshire Hathaway, and in terms of net worth, he is towards the top of the pyramid. Forbes estimates his personal fortune to be $104.3 billion, making him a member of the elite 12-figure club.
Despite being in his 90s, Warren Buffett is still the chairman and CEO of Berkshire Hathaway, and in terms of net worth, he is towards the top of the pyramid. Forbes estimates his personal fortune to be $104.3 billion, making him a member of the elite 12-figure club.
Despite this, he leads a pretty simple existence.
Buffett is a walking example of how to live frugally, as evidenced by his continued residence in the house he purchased in 1958. "For the $31,500 I paid for our house, my family and I gained 52 years of amazing memories, with more to come," he famously told Berkshire Hathaway investors.
Mark Zuckerberg
You might not associate this with what wealthy people do, but Facebook founder Mark Zuckerberg has been spotted driving an Acura worth roughly $30,000. Despite having a net worth of more than $117 billion, Zuckerberg wears jeans and a T-shirt virtually every day, according to Forbes.
You might not associate this with what wealthy people do, but Facebook founder Mark Zuckerberg has been spotted driving an Acura worth roughly $30,000. Despite having a net worth of more than $117 billion, Zuckerberg wears jeans and a T-shirt virtually every day, according to Forbes.
Dave Grohl
His career as a drummer for Nirvana and front-man for the Foo Fighters has helped him acquire a net worth of $320 million. But he monitors his expenditures and drives "a family car," according to The Red Bulletin. Grohl told The Guardian that he learned "money will kill you" after his mother had a stroke while paying the family's taxes.
Sarah Michelle Gellar
Star of "Buffy the Vampire Slayer," has been seen shopping at Whole Foods Market, but she has stated that she only buys what is on sale. She has also stated that she packs her own baggage so she receives a discount – despite the fact that she is worth $30 million.
Elizabeth II, Queen of England
According to the U.K.'s Express, Queen Elizabeth II is famously economical, ordering that all palace lightbulbs be low-wattage and switched off when not in use, reusing wrapping paper, darning torn sheets rather than replacing them, and carrying the same handbag for up to 40 years.
That frugality keeps every available penny circulating within what Forbes dubbed "The Royal Family's $28 Billion Money Machine" in March, which pours hundreds of millions of pounds into the United Kingdom. Every year, the economy grows.
Mila Kunis and Ashton Kutcher
Ashton Kutcher and Mila Kunis, one of Hollywood's wealthiest "it" couples, are becoming renowned as frugal celebrities. They are attempting to root their children by instilling in them thrifty habits. This includes not overspending on Christmas gifts for their children. Kunis, who grew up in the Soviet Union, told Entertainment Tonight that they had requested their parents to limit their gifts to one.
Their money is worth $275 million when combined, although Kutcher handles the majority of the heavy lifting, bringing $200 million to the marriage.
Kristen Bell
Instead of the three-day destination weddings that many celebrity couples opt for, actress Kristen Bell and fellow actor Dax Shepard married at the local courthouse. Their wedding cost a total of $142. Bell is also a coupon clipper, which helps her keep her $40 million fortune intact.
Kate Middleton
The Duchess of Cambridge is well known for wearing the same clothing to several occasions, which most of us find sensible but is not common among celebrities. Perhaps she got some of her thrifty tendencies from the queen. Kate Middleton's net worth is estimated to be $10 million, not including all of the perks that come with being royalty.
Michelle Obama
The former first lady, paid for her own clothing while at the White House. The designers of several of the gorgeous outfits she wore kindly donated them to her. Obama frequently purchased for herself at businesses recognized for their low costs. She wore a $35 dress from fast-fashion shop H&M on an appearance on NBC's "Today" show. She has a net worth of $70 million now that she has returned to private life.
Tyra Banks
She is one of many celebrities that live modestly. She has worked as a model, actor, author, and host of "America's Next Top Model" and "Dancing With the Stars." She saves money by collecting shampoo, conditioner, and soap from her hotel rooms and reusing leftovers from the previous day's meals. Her net worth is believed to be $9 million dollars.
Jennifer Lawrence
Star of the enormously successful "Hunger Games" films, remained to live in her parents' condominium despite earning eight figures. "I believe living in a big mansion by myself would be quite strange," she told Elle.
Lawrence, on the other hand, eventually moved into her own place. According to Variety, she paid a little more than $9 million for a loft-style property in New York City in early 2017 and then rented it out while filming "Red Sparrow" in London.
She is now reported to be worth $160 million.
Teri Hatcher
Star of "Desperate Housewives," has stated that she keeps her cars until they have at least 100,000 miles on them. Despite her $50 million net fortune, she has also baked for her daughter's school celebrations rather than purchasing treats to bring in.
Carrie Underwood
One of America's wealthiest country music performers, confesses to clipping coupons when she goes grocery shopping despite having a net worth of $140 million. She also admitted that she frequently forgets to bring her coupons to the shop, demonstrating that there isn't much of a difference between rich and poor individuals. If you're curious what wealthy people eat, Underwood says she buys stir-fry kits and vegan burgers.
Hilary Swank
The Oscar-winning actress with a net worth of $60 million, has previously admitted to living in a mobile home when she was younger. That incident imprinted in her economical habits, such as coupon clipping, which she still does today.
Conan O'Brien
He is a late-night television celebrity with a net worth of $150 million. Despite this, he has preserved his 1992 Ford Taurus and even featured it in a segment on his show.
Keanu Reeves
He has acquired a $380 million fortune thanks to the success of the "Matrix" and "John Wick" franchises. However, instead of hiring a private chauffeur or taking an Uber, the actor chooses to take the New York subway.
Lady Gaga
Lady Gaga has a net worth of $320 million, making her one of the world's highest-paid celebrities, but she's a self-proclaimed bargain hunter. The singer once tweeted that she uses coupons at the grocery store and looks for deals when shopping at retail stores.
Keira Knightley
Keira Knightley, despite being a worldwide movie star with a $80 million net worth, prefers to live simply. She told Glamour in 2014 that she makes roughly $50,000 per year.
"Some of my funniest, most funny occasions have occurred in the least opulent of settings," she told the magazine.
Peter Dinklage
Peter Dinklage has chosen a simpler life in upstate New York over a famous lifestyle in New York City. According to a 2012 Rolling Stone profile, the "Game of Thrones" star, who has a net worth of $25 million, also drives a Volvo and maintains his own landscaping.
Ingvar Kamprad
When it came to the inexpensive, assemble-it-yourself products his company offers, the founder of the furniture empire Ikea practiced what he preached. According to CNBC, he traveled in coach class and drove a 20-year-old Volvo. He died with a $42.5 billion net worth.
Tiffani-Amber Thiessen
Tiffani-Amber Thiessen rocketed to stardom in the late 1980s as everyone's sweetheart Kelly Kapowski on "Saved by the Bell," but despite spending decades in the spotlight, she still lives on the cheap. Despite her $10 million net wealth, the actress told The Krazy Koupon Lady that she shops on inexpensive sites like Gilt and buys items at Old Navy.
Shailene Woodley
Shailene Woodley's great acting career has earned her a net worth of $12 million, although she does not live in a mansion. In fact, she owns no home at all. In 2019, Woodley revealed to Architectural Digest that she lived out of a bag.
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