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GOBankingRates
GOBankingRates
Emily Fowler

How a Young and New Billionaire Spends Her Money

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It’s easy to imagine billionaires spending their fortunes without giving it a second thought. After all, they don’t need to worry about keeping grocery costs low or going into debt to afford the holidays.

But as 30-year-old billionaire Lucy Guo shared with CNBC, she balances daily frugality with strategic splurges in a way that might be surprising, especially considering her net worth is $1.4 billion, according to Forbes.

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