I'm into frugal...I actually get it! But I always assumed frugal was for those on a budget not those that had a budget the size of a small nation.

I've just read Reuter's interview with IKEA founder Ingvar Kamprad who happens to be the fourth richest person in the world. He takes pride in driving a 15 year old Volvo (I'm amazed he takes pride in driving a Volvo period) and flying the world economy class.

For the record, I am impressed with his leadership example as he lives out what he expects from his employees at IKEA. However, if I had $28billion to my name I'm not sure I would be trying to save for a rainy day. Maybe that's why I don't have $28billion at my disposal?