Frugal Billionaire – People love stories about supposedly penny-pinching billionaires

Frugal Billionaire You may have heard that Warren Buffett, the CEO of Berkshire Hathaway whose net worth is somewhere around $87 billion, lives in a modest house he bought in 1958 for just $31,5000. Or that Facebook CEO Mark Zuckerberg drives a stick-shift Volkswagen GTI. Maybe you’ve seen those articles floating around about how Bill Gates, who was once the wealthiest man in the world, wears …

Warren Buffett – 5 things to watch out for his annual letter to investors

Warren Buffett Succession plans in focus after Jain, Abel promotions. Gregory E. Abel, left, and Ajit Jain. Warren Buffett’s Berkshire Hathaway Inc. is adding Gregory E. Abel and Ajit Jain to its board as speculation grows about Buffett’s successor as chief executive office Warren Buffett It’s second only to Berkshire Hathaway’s annual meeting as the most holy day on the calendar for value …

8 Richest

8 Richest: : Income Inequality Increases, China and India Poorer Now

8 Richest Oxfam called for fundamental change to ensure that economies worked for everyone, not just “a privileged few”. Rich lists World’s eight richest people have same wealth as poorest 50% A new report by Oxfam warns of the growing and dangerous concentration of wealth Indian migrant daily wage workers bath at a public well in New Delhi. New information …