Every time I see any billionaire I ask this one damn and obvious question to myself ” Why the hell this dude isn’t stepping out of his Ferrari wearing million dollars Armani suit, flashing his Rolex metal watch? ”
I know it happens with you also. I mean just think, that dude is a billionaire, he can easily afford and show off his assets. I mean this happens in movies always. Just see ‘ Wolf of Wall street’ and you will spot Jordan Belfort (Leonardo DiCaprio) celebrating every single second of his life, like it’s a grand beach party.
But this don’t happen in real life. Take a look at some billionaires below, for your convenience, information about them is displayed right below them.
Mark Elliot Zuckerberg is an American computer programmer and Internet entrepreneur. He is the chairman, chief executive officer, and co-founder of Facebook. His net worth is estimated to be US$58.6 billion as of March 2017, ranking him the fifth richest person in the world
William Henry “Bill” Gates III is an American business magnate, investor, author, and philanthropist. In 1975, Gates and Paul Allen co-founded Microsoft, which became the world’s largest PC software company. Estimated net worth of US$85.6 billion as of February 2017
Steven Paul “Steve” Jobs was an American entrepreneur, businessman, inventor, and industrial designer. He was the co-founder, chairman, and chief executive officer (CEO) of Apple Inc.; CEO and majority shareholder of Pixar. Expected Net worth 127 billion USD.
Barack Hussein Obama II is an American politician who served as the 44th President of the United States from 2009 to 2017. He is the first African-American to have served as president. Net worth 12.2 million USD.
Pichai Sundararajan (born 12 July 1972), also known as Sundar Pichai, is an Indian American business executive.
Mukesh Dhirubhai Ambani is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s second-most valuable company by market value. NET WORTH : 29.7 billion USD
Liliane Henriette Charlotte Bettencourt , is a French heiress, socialite and businesswoman. She is one of the principal shareholders of L’Oréal and according to Forbes, she is the richest woman in the world, making her the eleventh richest person in the world with a net worth of US$36.1 billion.
Alice Louise Walton is an American heiress to the fortune of Wal-Mart Stores, Inc. She is the daughter of Wal-Mart founder Sam Walton and Helen Walton, and sister of S. Robson Walton, Jim Walton and the late John T. Walton. With a net worth of $40.8 billion she is the second wealthiest woman on earth.
Mind Boggled? Aren’t you. I know you are. But why they do so, let’s have a look
3 Mind blowing reasons why billionaires dress simply
- DECISION FATIGUE:
In decision-making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual after a long session of decision-making. It is now understood as one of the causes of irrational trade-offs in decision-making
Notably, major Politicians and Businessmen such as Former US President Barack Obama, Steve Jobs, and Mark Zuckerberg have been known to reduce their everyday clothing down to one or two outfits in order to limit the number of decisions they make in a day.
See, when you’re managing assets worth more than GDP’s of many countries then every minutes counts
Moreover, it’s scientifically proven, starting a day simply and relaxed tends to energize our whole day.
Once Mark Zuckerberg was asked why he always dress in the same way, what he answered:
“I really want to clear my life so that I have to make as few decisions as possible about anything except how to best serve this community.
“I feel like I’m not doing my job if I spend any of my energy on things that are silly or frivolous about my life, so that way I can dedicate all of my energy towards just building the best products and services,”
So I don’t find a reason why anyone shouldn’t do it
2. ICONIC IMAGE:
Dressing just like us kind of creates a relatable link to general public. Their employees, you know, find them just like themselves, which establishes more productive and comfortable working environment. Whenever I see a guy wearing grey T-shirt and jeans I for a second only think of Mark Zuckerberg.
Also, in business, it is said that, the more public relates to you, the more your business expands.
Unlike millionaires and billionaires, we tend to waste money instead of investing it. We wish to have 100’s of different clothes, 50 different cars, despite of the fact that at a time we would be only using one of them. For better insights, take a look
See one thing should be very clear. Even, if you are earning 3 million dollars a year and expending 3 million dollars a year, you are not rich. Man, your money is not even static, leave dynamic growth. And at the end of the day, when you look back, you find yourself there where you’ve started from.
Billionaires tend to invest money, they tend to save it, and they focus on multiplying it. See, some of my friend will think, if we buy 10 cars and 50 branded clothes in market rate and resell it that will pay. The answer is no. That will be considered second-hand. And if someone pays you more money on second-hand goods, then please drop the address in comment. I have to sell my phone.
It reduces decision fatigue.
Reduces wastage of money hence they save lots of money
It creates Iconic image.
They know to the core that their clothes doesn’t matter. Whatever they will wear, will start a new trend
Dressing normally keeps a positive and lite atmosphere at work place.
They have higher intelligence and intellect and know that showing off is too childish and stupid.
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