SkyBridge Capital founder and former White House communications director Anthony Scaramucci once revealed that his approach to money is rooted in modesty, family values and making sure wealth doesn't overshadow work ethic.

Spending… ‘I Don't Think It's Necessary,' Says Scaramucci In a Q&A session on his YouTube channel last month, the financier and entrepreneur said he keeps his spending habits intentionally low-key despite his wealth, explaining that flashy displays of money never appealed to him.

"I don't spend that much money," Scaramucci said, adding that even his financial adviser has pointed out how little he spends.

He described himself as generous — particularly when tipping restaurant staff or hotel workers — but said excessive spending feels unnecessary.

"It's not that I'm cheap," he said.