
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.