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THE BIG QUESTION: What Sort of Millionaire Would You Be? Those Living Far Below their Wealth or Those Living According to their Wealth?

Firework of dollars

 

Money makes everything easy—a good reason why most of us wake up each day for the cash race.

But there are several people in the world who have already obtained what some of us only dream off—being real millionaires with limitless cash sitting in their bank accounts.

And interesting, these millionaires can be categorized into two; those who live their lives according to their wealth and those who live far below their wealth.

The first set of people own private jets, big mansions, sleep at expensive hotels and buy expensive designer clothes—and they can easily afford them all.

The second group of millionaires are those who live far below their wealth. For instance, Ingvar Kamprad, the founder of global juggernaut IKEA, lives in an unassuming bungalow, favours the meatballs sold by his stores and only ever flies economy class, even though he could own a private jet without it even denting his personal fortune.

Ingvar Kamprad flies budget airlines such as EasyJet and though his company company recorded an annual net profit of £3.2billion and achieved sales of £27.6billion throughout 44 countries, he goes to his local market late so he can get some good bargain.

It has been reported in the  past that he was once turned away from a swish business awards ceremony because he had just hopped off the bus and takes home the packets of salt and pepper from cafes when he visits.

Just like Ingvar Kamprad, German millionaire-Klaus Zapf who just passed away lived in a £400-a-month rented flat and gave most of his millions away. He despised ostentatiousness and shopped at discount supermarket Aldi.

The question is; what sort of rich person would you be—I mean if you are lucky to fall into the millionaire pot, where would you belong?

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2 thoughts on “THE BIG QUESTION: What Sort of Millionaire Would You Be? Those Living Far Below their Wealth or Those Living According to their Wealth?”

  1. I’ll live according to my worth. though, I have learnt to live within my means and also be content with whatever I have, I also like to get things I can afford.

    just yesterday, a frd sent an article to me about how much of our worth we actually spend during our life on earth. its estimated that most people die leaving about 70% of their wealth stashed in banks or other forms of investments and also most people have more money in banks than they spend on themselves.
    I don’t see the sense in having more money and living so less (unless that’s what makes you happy) if I want to live on less, I wouldn’t spend my energy getting more.
    I’ll live according to my worth not more than or far below.

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