Dallas Cowboys owner and billionaire Jerry Jones, in an interview this week with CBS This Morning, revealed one of the secrets behind his incredible wealth: A flip phone.
Jones raised some eyebrows last month when cameras caught him using the old school device -- and the questions it raised weren't all that surprising. After all, this is 2013. He’s a wealthy and successful businessman. What would he be doing with something as outdated and antiquated as a flip phone?
His explanation is simple: You get more privacy with a flip phone. Further, they’re cheaper than smart phones.
"It's how you have a stadium worth $1.2 [billion] if you watch your pennies and use flip phones," said Jones. "You can't have it all."
Jones, who is worth an estimated $3 billion, bought the Dallas Cowboys in 1989 for $140 million. The team is now worth more than $2.3 billion:
(H/T: Business Insider)
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