“The rent here is 950 (USD) a month,” says Tony Hsieh, the skipper of online shoe and clothing company Zappos. That’s the only argument he needs – he’s saving a considerable amount on luxuries he does not need.

“I care a lot more about experiences than… stuff,” Hsieh quips. He means it. He’s got a billion-dollar shoe business and only four pairs of shoes to his name. Oh, and a pet alpaca, just because. Watch the exclusive by ABC News: