Questions tagged [ultra-rich]

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4answers
451 views

Why do rich people prefer shares with dividend over bonds?

I am especially (but not only referring to Warren Buffen, Bill Gates and so on). The first thing that came to my mind is because they can use their voting power, but then Warren started with shares (...
1
vote
0answers
143 views

How do the ultra rich protect their money? [duplicate]

FDIC insures each account up to $250,000. A few billion / 250,000 = way too many bank accounts. So how do the ultra rich insure their fortunes?
38
votes
3answers
12k views

How do the rich and wealthy withdraw from accounts without leaving home?

I was at someone's house once and they made a phone call and had someone bring $50,000.00 cash to their home from one of their bank accounts. I think the person worked for the bank and wasn't a ...
10
votes
4answers
8k views

Do you have to be mega-rich to invest in companies pre-IPO?

Say there's a company which is known with certainty to be doing very well, but is privately held and is expected to go public within a few years. When such companies do investment rounds, are the only ...