According to popular opinion, a car is one of the largest purchases humans make in life. And this is so because the kind of car you use is seen as a part of your public identity, especially in measuring your social status.
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Talking of celebrities, sports players, actors and other public figures, the first big purchase they make is a car.
Though buying exotic cars seems like the norm for rich people, it is interesting to know that the richest CEOs in today’s world have different lifestyles. These individuals have several billion credited to them yet they have chosen to use vehicles that hide their status.
This could serve as an eye-opener to many, pointing out the need to be frugal, and live less than our means. Or should we say these CEOs live by the “Stealth Wealth” concept? A concept now adopted by contemporary marketers, states that the greatest level of affluence is when you conquer the need to show off.
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Below are 4 of the World’s richest CEOs (in no particular order), including the “almighty” Jeff Bezos, who though very rich has chosen to drive “strange” vehicles.
Read about the world’s richest CEOs and their cars below;
Jeff Bezos car
As of August 2020, Bezos made about $150,463 every second of the day which sums up to about $13 billion daily. Now even wealthier than previous records, his present net worth is estimated $191.2 billion, beating down many individuals on the “rich people’s table” all over the world.
With his net worth and level of daily profits, you would think that Bezos would be found using the most expensive car in the world, but no! Jeff Bezos has chosen to be seen with a Honda Accord. “An ordinary Honda Accord?” Yes! He sure seems to have unusual model taste in cars.
Unlike many individuals who choose to spend largely on cars after their “big break” Bezos chose to go small and quietly even when he became a millionaire for the first time in 1997. He chose a Honda Accord, and today he has a net worth of almost $200 billion yet, he still uses an advanced version of the same car he started in 1997.
Judging from the car Jeff Bezos uses, it is safe to assume that he does not like to spend much on his vehicles. Probably a good symbol of how Amazon operates and has been able to consistently top the list. However, Jeff Bezos owns a $65 million Gulfstream G650ER private jet as well as a Ferrari Pininfarina Sergio estimated at $3 million. Also, check Jeff Bezos Cars: Latest Cars The Richest Man Is Driving
Being a billionaire, it won’t be shocking to realize that Jeff Benzos owns a Bugatti Veyron Mansory estimated at $3.4 million. Amongst his cars, the fastest of them is the Koenigsegg CCXR Trevita with an estimated cost of $4.8 million
Mark Zuckerberg cars
Mark Zuckerberg the co-founder, chairman, and CEO of the largest social networking platform -Facebook has an estimated net worth of 4 billion. Zuckerberg who is of today 36 years old became a billionaire when he was 23 years old. Incredible! Isn’t it? Though one of the richest in the world, Zuckerberg is down to earth, and this statement can be supported singularly by the car he has chosen to drive over the years. Who would believe that the well-to-do Mark Zuckerberg has an old-generation Honda Fit?
The Honda Fit though mostly driven by the middle class seems to be the perfect choice for the billionaire. The car is equipped with a 1.5-litre engine that supplies about 117 HP. The car has only a front-wheel drive with a classic interior. The combined value of the cars he has been identified with is just around $30,000, and the Honda Fit (Jazz) is the cheapest of them all. Others are a Volkswagen Golf GTI and a black Acura TSX.
The Volkswagen Golf GTI owned by Mark Zuckerberg is the seventh model, with a manual transmission and turbo engine of 2.2 litres which gives the car 220HP. The car though simple is fun to ride.
Zuckerberg is young and rich, you would expect him to like luxury the most. But no, he chose to go easy on us. It was recently discovered that he also owns a Pagani Huayra Supercar, but he is seen using the Honda Fit (Jazz) for his daily commute. Mark Zuckerberg also has an Infiniti G Sedan y.
Jack Ma cars
He is the former chairman and co-founder of The Alibaba Group, China’s number one in e-commerce and technology.
Ma’s estimated net worth as of January 2021 is $63.1 billion yet he uses a Roewe RX5 SUV which is worth just about $15,000. He is a wise spender and businessman too.
Elon Musk cars
As of 2024, Elon Musk reclaimed his spot as the World’s Richest from Jeff Bezos. He is the co-founder of Tesla, the founder and lead designer of SpaceX, and the founder of Neuralink and The Boring Company.
Musk’s present net worth is estimated to be $200 billion, and he is often seen driving his Tesla Model S alone and his Tesla Model X if he has his family with him. The first car he used before Tesla happened was a BMW, a 1978 model, and ever since has used a couple of different cars as he pleased.
Different lessons can be learnt from the world’s richest CEOs and the type of cars they drive. One such lesson is that these though ensuring their comfort, do not spend excessively on cars. A number of them have chosen to be modest by placing necessity ahead of luxury.
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