Frugal.... or.....lavish....?
A recent news item caught my eyes. A very rich person in India has splashed money like anything to send his daughter to a British University. He has bought a palatial mansion for about 10 crores (just for her stay). He has employed about 12 dedicated staff to assist her in her daily chores. A chef, some people to serve her, a gardener, chauffeurs and the like... Their monthly pay will add up to around 25 lakhs. Not to speak of the other routine monthly expenditure.... I cannot desist myself from knowing the frugal ways of some extremely rich multi-billionaires in the world. Take for example, Warren Buffet, the investment mogul well-known the world over. He still lives in a modest house bought in 1958 (almost 60 years now). He drives his Cadillac (a simple model), whereas he can afford a fleet of the most expensive cars of the world. And the best part is that he has pledged the majority of his wealth to charity. He is neither a miser nor a spendthrift. Bequeathed most of his wealth f...