An 80-year-old German man has been dubbed the world’s most frugal millionaire for living off food and stuff found in dumpsters despite owning several properties worth millions of euros.
Heinz B. looks like a homeless person with nothing to his name, but appearances can be deceiving. The German man may only have €15 euros ($16) in his bank account at the moment, but that’s only because he just withdrew 700,000 euros ($756,000) to buy a new home, his tenth. The 100,000 euros left over was transferred to a fixed-term deposit to generate interest. He might not look like much, but the octogenarian is worth several millions of dollars and knows how to increase his fortune. Besides, he claims to have been frugal his whole life, so he doesn’t really need money to get by. He is more than happy living on food found in dumpsters and hoarding all sorts of things other people throw away.