If you had millions of dollars in the bank, what would you spend it on? Yachts, planes, fancy hotels? Maybe your own island? While you might picture a life of luxuries, it might surprise you to learn that some of the world’s richest people live more modestly, preferring to drive old cars rather than the latest, high-end models and wearing common brands instead of custom-made clothing.
Below are seven millionaires and billionaires whose immense wealth doesn’t stop them from pinching pennies.