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Business · Personal finance · published 2026-08-27 · via Fortune

Billionaire investor Kevin O'Leary reveals his frugal shopping habits at Walmart

Image via Fortune
Image via Fortune

Kevin O'Leary, worth $400 million, says he still buys $29 jeans at Walmart and looks for bargains on household items. He argues that saving money on essentials is important regardless of wealth. He also mentions other billionaires like Warren Buffett who live frugally.

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O'Leary's penny-pinching extends beyond clothing. His recent Walmart run included household staples like batteries and paper towels, where he compared product sizes to maximize value. He has repeatedly emphasized that wealth doesn't justify wasteful spending, telling CNBC in 2021 that money is too difficult to earn to throw away carelessly.

The pattern repeats across generations of billionaires. Buffett's 1958 home purchase remains his primary residence, and his McDonald's breakfast choices historically fluctuated with market performance. Kamprad drove an old Volvo

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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’.” Browse more stories.