Of course, Mark Zuckerberg lives a simple life and does not buy expensive items except that he only owns a house worth $59 million; this is only one of the 10 properties he owns in the United States, and this is the situation for practically all the wealthy, beginning with Jeff Bezos and continuing with Larry Page and other wealthy people who own extremely nice homes, private jets, and very expensive automobiles, and saying that they live a simple life is simply one of the popular misconceptions.

The issue with many people is that they mistakenly believe that living a wealthy life entails owning Rolex watches, Lamborghini cars, and Gucci handbags. However, these interests only apply to the lower class of the wealthy, who feel the need to demonstrate their wealth to others; billionaires, on the other hand, have entirely different interests and spend their money on entirely different things. Naturally, there are occasional exceptions, like Ingvar Kamprad, the owner of IKEA, but this is only an oddity and cannot be generalized as a norm.

Read in full:https://technomymagazine.com/2022/12/09/why-do-wealthy-individuals-like-mark-zuckerberg-live-modest-lives-despite-having-access-to-practically-anything-they-desire/