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Fortune
Fortune
Emma Burleigh

Billionaire Bill Ackman says he doesn’t like 'wasting money'—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Bill Ackman, chief executive officer of Pershing Square Capital (Credit: Bloomberg / Contributor / Getty Images)

Billionaires are known for throwing their money at super yachts, oceanside mansions, and luxury cars—but some still carry their thrifty habits made before reaching 10-figure net worths. Bill Ackman, the Pershing Square Capital founder worth $8.17 billion, still lives by his family’s money philosophy long after reaching the ultra-rich list.

“I don’t like wasting money,” Ackman told the WSJ last year. “Dad was very big on not wasting things. If I left my light on in my room, he’d get really upset. Now I go around the house turning off every light.”

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