Millionaires are the ones who are flashy, waste money on cars: World's youngest billionaire
World's youngest billionaire Lucy Guo said people seen "typically wasting money on designer clothes or nice cars" are "technically in millionaire range". "All their friends are multimillionaires or billionaires and they feel a little...insecure, so they feel need to be flashy," Guo told Forbes. "Most billionaires...don't need to be in suit 24/7 because they're done proving themselves," she added.