Re:How to get rich without being lucky (2019)
by robocat on Saturday May 22, 2021 @06:39PM
(#27250882)
Is Gates actually spending it faster than his equity is rising in value?
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Re:How to get rich without being lucky (2019)
by atlgator on Saturday May 22, 2021 @09:19PM
(#27251678)
I doubt it, considering he's now the largest private farmland owner in the United States. He's got a LOT of capital and it's growing every second. Now he'll be splitting it with his wife though and I expect we'll hear more stories about his philandering. The guy's a demon. He just uses a PR company now to make himself look humanitarian. He even tried to teach Epstein to do the same to rehabilitate his image. https://www.theguardian.com/commentisfree/2021/apr/05/bill-g...
https://www.nytimes.com/2019/10/12/business/jeffrey-epstein-...
Re:How to get rich without being lucky (2019)
by Retric on Saturday May 22, 2021 @09:46PM
(#27251792)
For a decade he did, though not in the past 5 years. However, it’s kind of funny at those levels of wealth if you buy a 30 million dollar painting for example it’s likely worth more in a decade.
It’s not exactly difficult to spend a billion dollars, yet to spend several Billion dollars per year without retaining any value is basically just charity, politics, or bad investments.