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Blog post: 7 Spending Tips From Frugal Billionaires

This forum post is dated 09/07/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

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Blog post: 7 Spending Tips From Frugal Billionaires

Thank author of this post/comment7 Spending Tips From Frugal Billionaires
by Jean Folger

.provided by (I)INVESTOPEDIA

Carlos Slim Helu (Carlos Slim), a telecom tycoon and billionaire with well-known frugal tendencies, has a net worth of $60.6 billion, according to Forbes. Assuming no changes in his net worth, he could spend $1, 150 a minute for the next 100 years before he ran out of money. To put this in perspective, he could spend in 13 minutes what a minimum-wage earner brings home after an entire year of the daily grind.

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