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Top 10 Vehicles Owned by Billionaires
by Nate Chapnick If your pockets were as deep as Bill Gates’ what would you drive? A new Porsche or a seven-year-old one? Each year, Forbes magazine compiles a list of the world’s wealthiest people. While awaiting the release of the 2006 list, which will be published in March, ForbesAutos.com wanted to give you a look at the vehicles driven by the billionaires at the top of the 2005 list. Check back in March when we update this list to reflect the Top 10 ranking for 2006. Top 10 Vehicles Owned by Billionaires William Gates III Warren Buffett Prince Alwaleed Bin Talal Alsaud Ingvar Kamprad Paul Allen Lawrence Ellison Jim Walton Alice Walton Michael Dell Steven Ballmer The cars and trucks driven by those in the Top 10 of the 2005 Forbes list was, in short, shocking. You won’t find a Bugatti, Ferrari or BMW driven by these billionaires. But you will find a Lincoln, a Mazda, even a Dodge and Ford. It seems that for the super-rich, a vehicle is seen not as a status symbol, but as a means to an end in which to get from point A to point B. Status is something that these billionaires need not prove to others. In many cases, the people on our list prefer to live inconspicuously, avoiding the limelight at all costs. This might explain why many of their vehicles cost less than your own daily driver. Rank on Forbes.com 2005 World’s Billionaires List: 1 Net Worth: $46.5 billion Vehicles Owned: 1999 Porsche 911 Convertible (pictured above); 1988 Porsche 959 Coupe Source: State of Washington Department of Licensing -- William Gates III |
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That's one reason they are billionaires. They know to not put big money into something that depreciates as soon as you drive it off the lot.
Excellent article. Thank you for posting it ![]() |
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