Meet The Frugal Billionaire

Meet The Frugal Billionaire
Photo (cc) by Randy Storey

Can a billionaire be frugal, charitable, and down-to-earth? Sure.

Forbes just profiled David Cheriton, a computer geek and full-time academic who has invested more than $50 million in 17 different start-ups – but still works 12-hour days and acts like nothing’s changed.

He’s the man who helped Google get its start, and “still drives the same 1986 Volkswagen Vanagon he had before he made his money, lives in the same Palo Alto home he’s owned for the last 30 years and employs the same barber — himself,” Forbes reports.

Read more at Professor Billionaire: The Stanford Academic Who Wrote Google Its First Check. His philosophy sounds a lot like what Money Talks News founder Stacy Johnson likes to say: “You have the opportunity to either look rich or be rich.”

Popular Articles

6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either
6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either

Suze Orman has a huge following. But beware: The self-proclaimed personal finance expert has a track record that suggests more sizzle than steak.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

19 Things You Should Never Buy at a Grocery Store
19 Things You Should Never Buy at a Grocery Store

These household necessities are overpriced at the grocery store. Here’s where to get them cheaper.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments