Billionaires are often thought of as lavish
spenders, splurge on collections such as big
houses, private resorts, clothes, shoes, and the
most common of them all, cars. Believe it or not,
there are still quite a lot of humble billionaires out
there. This is a few of them!

1. Phil Knight : Philip Hanson Knight is a
philanthropist and a business magnate. He is the
chairman and co-founder of Nike, Inc and has
served as the CEO of the company. In 2011,
Knight has an estimated net worth of $14.4
billion and claimed the 47th position in the list of
world’s richest people. Despite his billion net
worth, he owns an Audi R8 costing only
$120,000.

2. Michael Bloomberg: Michael Rubens
Bloomberg is a financial data mogul and the
108th mayor of New York. He began his career
and built a securities brokerage company in
1981. He served as one of the chairman of the
board at Johns Hopkins University from 1996 to
2002. He has a net worth of $27 billion and has
been known as the 7th-richest person in the
United States. Mayor Bloomberg drives and Audi
R8 worth $120,000.

3. Michael Dell : Michael Dell is an author,
philanthropist, and a business magnate. He is
known to be the CEO and founder of Dell Inc.,
which is one of the leading personal computers
sellers in the world. Dell has 243 million shares of
stocks in the company that is worth $3.5 billion,
which represents 12% of the company. He has
other assets worth approximately $10 billion and
had it invested in other companies. He then
made a bid to make the company private for
$24.4 billion. An with all his assets, he chose to
drive an edgy 2004 Porsche Boxter with a price
tag of only $80,000

4. Warren Buffet: Although he is often accuse of
being a miser, Warren Buffet still holds the third
spot in the list of world’s richest people. He is the
CEO, chairman, and the primary shareholder of
Berkshire Hathaway. Buffet is coined as the
“Wizard of Omaha” because of his frugality and
his adherence to the value investing philosophy.
Buffet donates some of Berkshire’s profits to
several charity organizations. He drives a Cadillac
DTS but don’t be intimidated with the car brand;
it costs only $45,000.

5. Francois-Henri Pinault: Francois-Henri Pinault
is a renowned French businessman. He is also
the CEO of PPR. He started as the company’s
manager in 1988 and was appointed CEO in
1993 after being the CompagnieFrançaise de
l’AfriqueOccidentale or CFAO for three years. In
1997, he became the CEO of Fnac. His love for
computers led him to develop the company’s
Internet activities in the 1990s.This super rich
clothier drives a Lexus SUV worth only $40,000

6. Laurene Powell Jobs: Laurene Powell Jobs is
the wife of the late Steve Jobs. She is an
American business executive and is the co-
founder and President of the Board of College
Track. She also became a co-founder and the
CEO of Apple Inc. Not everybody knows that she
controls the $3.9 billion worth of stake in the
Steven P. Jobs Trust in the Walt Disney
Company. She drives a silver Audi A5 with the
price of approximately $40,000.

7. Alice Walton: Alice Walton is the one and only
heiress of the Walmart fortune. She also owns
the second spot in the list of the world’s richest
women. Walton did have her own fair share of
extravagant living as she owned a lot of Porches
over the past years. But because of an incident
where she accidentally ran over a woman, she
decided to stay away from those luxurious cars.
She now uses a 2006 Ford F-150 King Ranch,
which costs only $40,000

8. Mark Zuckerberg: Who wouldn’t know
Facebook’s CEO and founder, right? Mark
Zuckerberg is one of the youngest billionaires in
the planet. But he definitely does not want to
show the world all his wealth, as seen in the car
that he chooses to drive. In fact, he is the
youngest billionaire in the list who owns a very
inexpensive car – an Acura TSX that costs only
$30,000.

9. Steve Ballmer: Steve Ballmer is considered one
of the wealthiest men in the world. He is an
American businessman and is currently
Microsoft’s CEO. As of 2012, his net worth was
estimated to be approximately $15.7 billion,
landing him on the 19th spot on the Forbes 400.
As humble as he is, he decided to go for a fairly
modest automobile, driving a Ford’s Hybrid
Fusion that retails for about $19,000.

10. Ingvar Kamprad: Ingvar Kamprad is the
founder of Ikea and has a net worth of at least
$28 billion. Other billionaires may have chosen
cheap cars and can be deemed as humble, well-
grounded people. But if being thrifty is
concerned, nothing beats Kampard as he chose
to drive a humble Volvo 240, which only costs
$1500. Aside from that, he prefers to take the
bus from time to time.

Wise pple

A naija poor man will buy hummer and stay in boysquaters in Ikoyi.

mo be boys quarter self.Na one room

Ijele-igbo:
10. Ingvar Kamprad: Ingvar Kamprad is the
founder of Ikea and has a net worth of at least
$28 billion. Other billionaires may have chosen
cheap cars and can be deemed as humble, well-
grounded people. But if being thrifty is
concerned, nothing beats Kampard as he chose
to drive a humble Volvo 240, which only costs
$1500. Aside from that, he prefers to take the
bus from time to time.

This super humble. It' really got me thinking. Spending your life's earning on a car is a poor man's thing.

Quite a few cars I saw above are not so cheap as you said

The wealthy man's mentality: If it doesn't yield returns, don't bother with it. Automobiles can be rightly viewed as liabilities, cos you only spend more money for fuel and maintenance once you acquire them. Since being mobile is a necessity, you just need something modest and practical. Now, let me squeeze out a little more mileage from my "old faithful" before it ends up in the scrap yard.