
Warren Buffett is known for being incredibly frugal… for a billionaire, that is. He lives in the same modest house he bought decades ago, drives around in an old car with hail dents, and doesn’t shell out loads of money on superficial things. That’s why one of his old Christmas traditions always felt a little out of place.
Every year, he’d give each of his family members $10,000 in cash. Not bad, huh?