Leonardo DiCaprio: The Frugal King of Hollywood

Leonardo DiCaprio: The King of Saving Money?

We all know Leonardo DiCaprio as a Hollywood heartthrob, an Oscar-winning actor, and an environmental activist. But did you know that he is also a frugal spender? Yes, you read that right. Despite his immense wealth and fame, Leo is known for his money-saving habits.

Here are some ways in which the Titanic star saves money:

1. He flies commercial

While most A-list celebrities travel in private jets or helicopters, Leo prefers to fly commercial. In fact, he has been spotted many times on regular flights like any other commoner. By avoiding the high costs of private aviation, Leo not only saves money but also reduces his carbon footprint.

2. He drives a Prius

Leo is also conscious about the environment when it comes to transportation. Instead of driving expensive sports cars or gas-guzzling SUVs like other celebs do, he chooses to drive a Toyota Prius hybrid car – one of the most eco-friendly vehicles around. Not only does this save him money on fuel costs but also helps him reduce emissions.

3. He avoids luxury purchases

Unlike many stars who indulge in lavish lifestyles filled with yachts, mansions and designer clothes, Leo prefers simplicity and practicality over extravagance. In an interview with Parade magazine back in 2010 he said “I don’t really have any extravagant habits… I’m still driving my same car since I was 19 years old.” Moreover, he reportedly wears inexpensive clothing brands like H&M instead of high-end fashion labels.

4.He invests wisely

Apart from being thrifty in his personal life choices there’s another way that Leonardo makes smart financial decisions: investing! According to reports by Forbes.com; DiCaprio has invested heavily into startups including Beyond Meat (a plant-based meat company) , Casper Sleep (mattress manufacturer), Fisker Automotive (electric car maker) and Diamond Foundry (lab grown diamond producer). By investing in such companies, he not only supports sustainable and ethical practices but also earns a good return on his investment.

5. He gives back to society

Lastly, Leonardo is known for his generous philanthropic efforts. Through his Leonardo DiCaprio Foundation; he donates millions of dollars each year towards environmental conservation projects, disaster relief programs and other charitable causes. His foundation has given grants to over 200 organizations worldwide since its inception in 1998.

While Leo’s frugal habits may seem unusual for someone who has a net worth of $260 million according to Celebrity Net Worth; they are actually quite admirable. Instead of wasting his wealth on unnecessary luxuries or living beyond his means like many celebrities do; he chooses to live modestly while still making an impact both personally and globally.

In conclusion, if you want to learn something about personal finance from a celebrity, let it be from Leonardo DiCaprio – the king of saving money!