Meanwhile.....
"With a net worth of
$92.9 billion,
Microsoft co-founder
Bill Gates can buy virtually anything his heart desires — but you won’t find the billionaire blowing loads of dough shopping.
In a 2016
Reddit Ask Me Anything, Gates was asked about the one area where he refuses to overspend: “I don't like spending a lot of money on clothes or jewelry,” the billionaire replied.
It shows. At a 2014
Politico Lessons from Leaders event, the Microsoft tyc00n confessed that he wears a $10 wristwatch, and he has a reputation for
dressing simply.
Gates’ close friend
Warren Buffett, who once
owned a license plate that read “THRIFTY," is another billionaire who refrains from spending serious money on clothing. “I’m happy in a pair of khakis and a sweater,” the Berkshire Hathaway CEO told
CBS News in 2013. “I don’t need fancy clothes.”
And President Obama -----
Former U.S. president
Barack Obama is also a fan of repeating outfits. In a 2017 interview with
Vanity Fair,
Michelle Obama revealed that her husband wore the same tux and shoes for eight years straight. “And he was proud of it, too," said the former First Lady.
And Oprah -----
Then there’s Oprah Winfrey, who recently became
one of the 500 richest people in the world with a net worth of $4.02 billion. The media mogul opened up about her penny-pinching habits on the
OWN network, and said that she saves pantyhose with runs in them so they can be repurposed into DIY Spanx.