Inspirational Stories of Rich People

3:29 pm in Inspirational Story by Yudi Ong

A lot of rich people give us example of simple lifestyle and proper financial planning. The following are some famous rich people stories that may inspire us.

Warren Buffett

Warren Buffett

Warren Buffett

An 81-old man entered the ranks of the richest people in the world, recognized as a reliable investor, had plenty of companies, and has assets of about 47 billion U.S. dollars. Here are tips ala Buffett:

  • Saving and investment.¬†When he was a teenager, he kept most of his income from a job as a newspaper deliveryman and invested them in profitable stocks. The money that he got was used to purchase land . Because, he knew that investment gave him more “income” compared to just saving money.
  • No Credit Cards. He said, “Buy what you need, not what you want. Debt and the interest will strangle us and will not make us rich.”

Carlos Slim

Carlos Slim

Carlos Slim Helu

In 2010, Carlos is the first rich people in the world based on Forbes rich list, beating Bill Gates and Warren Buffett. Some tips from Carlos:

  • Avoid Branded Stuffs. Choose similar items with similar functions that have more reasonable prices compared to branded stuffs. Hence, the money can be used for other things that can generate more money, such as business or investment.
  • Focus on functions. His principle, if the old stuffs can still be used, why need to buy the new one? Until now he still stays in his old house, instead of buying luxury houses and expensive cars.

Marshall Glickman

His job as financial consultant makes him as one of successful people with big income. He believes, a success is not always started with a big capital. Here’re tips from him how to get rich:

  • Choose investments that do not drain your wallet. Build a network by compiling a list of relationships, maintaining good relationships, and developing creative business ideas.
  • Dare to start. Believe in yourself if you deserve success. If you want to run a business or investment, do it now!

Ingvar Kamprad

Ingvar Kamprad

Ingvar Kampard

Do you know IKEA? This world-class furniture store is owned by a man 85 years, Ingvar Kampard. Starting from the sale of lighters to his neighbors since he was young, Kampard realizes that business gives him more benefits. He began selling grocery items: from Christmas tree decorations, pens, pencils, wallets, picture frames, and ornamental fish. Some his simple lifestyle examples:

  • Prefer regular class amenities. When he has a trip by flight and stays at hotel, he will choose regular classes. Until now, Ingvar is still using an old Volvo that he bought 15 years ago.
  • Share. He believes, share with the charity will not make anyone fall into poverty.

Executive summary from www.ciputraentrepreneurship.com and www.kompas.com