Whether or not you’re one of many tens of millions of viewers who tuned into Bridgerton, or are a longtime fanatic of Gray’s Anatomy, you’ve heard of Shonda Rhimes. She’s one of the vital profitable creators in tv historical past, hitting a excessive because the business’s highest-paid showrunner in 2018. However regardless of her success, the self-made millionaire nonetheless hunts for the perfect offers and clips coupons—identical to billionaire Warren Buffett.
“You understand what occurs when all of your desires come true? Completely nothing. All the pieces stays the identical. You’re nonetheless you,” Rhimes said recently on the Name Her Daddy podcast. “I’m nonetheless the individual clipping coupons, and pondering ‘Possibly I ought to get that on sale,’ and, ‘Possibly I shouldn’t get too comfy like with these exhibits.’”
Regardless of sitting atop a fortune estimated to be price $240 million, bringing in billions for her TV networks, the Shondaland founder continues to be pinching her pennies.
A few of Rhimes’ most well-known exhibits embrace the likes of The way to Get Away with Homicide, Scandal, and Gray’s Anatomy—which Disney, the mother or father firm of ABC, stated introduced in additional than $2 billion. By 2017, she ditched conventional TV and made the leap to streaming, signing a five-year take care of streaming big Netflix reported to be worth between $100 million and $300 million.
Any Hollywood bigshot together with her checking account may select to spend their fats paychecks on luxury cars, 10-bedroom mansions, and comfortable personal jets. However Rhimes stated that when individuals lastly hit skilled milestones, “The trimmings change—you don’t change.” She’s one in every of many millionaires and billionaires sticking with their frugal habits, regardless of main envy-inducing careers.
Warren Buffett clipped coupons for McDonald’s meals
Because the eleventh richest individual on the earth, Warren Buffett’s spending habits may come as a shock to most. The 95-year-old Berkshire Hathaway mogul price $149 billion nonetheless lives in the identical Omaha house he purchased for $31,500 again in 1958, and as soon as drove a 20-year-old automotive as a result of he felt safer than being behind the wheel of flashy Lamborghinis or Bentleys.
Buffett can be recognized for frequenting McDonald’s for an inexpensive meal, selecting to order two sausage patties, an egg and cheese, or a bacon egg and cheese—all underneath $4. He loves the quick meals chain a lot that he even took Invoice Gates there for lunch years in the past; when the entrepreneurial pair have been at a McDonald’s in Hong Kong, Gates recalled laughing when Buffett provided to pay and pulled coupons out of his pocket. For the hedge fund mogul, each penny counts—and he’s extraordinarily content material together with his modest home, run-down vehicles, and fast-food meals.
“I don’t assume that way of life equates with price of dwelling past a sure level,” Buffett said at a Berkshire Hathaway shareholders assembly in 2014. “My life wouldn’t be happier…it’d be worse if I had six or eight homes or an entire bunch of various issues I might have. It simply doesn’t correlate.”
Fellow leisure star Keke Palmer can be an outspoken advocate of individuals being financially accountable and dwelling beneath their means. She first turned a millionaire at simply 12 years outdated, and has since racked up Hollywood paychecks with Nope, Hustlers, True Jackson, VP, and One in every of Them Days. However she wouldn’t let the stardom get to her head or drain her financial institution accounts—she didn’t take a vacation for the primary 15 years of her profession, and is a staunch believer in “saving and frugality.” It’s a mindset that Palmer stated her dad and mom instilled in her from a really younger age.
“I stay underneath my means. I believe it’s extremely necessary,” Palmer instructed CNBC in a May interview. “If I’ve $1 million in my pocket, my lease goes to be $1,500—that’s how beneath my means I’m speaking. My automotive observe goes to be $340. I don’t want a [Bentley] Bentayga, I’ll journey in a Lexus.”
