Questions tagged [ultra-rich]

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1answer
139 views

Is it even possible for billionaires to spend their money? [closed]

Even if they sold everything they're limited by regulations to a few percent per year. Since billionaires have maybe a few decades left to live its not even possible. If they donated shares then the ...
0
votes
2answers
161 views

Why is Jeff Bezos, and not his initial investor the richest person in the world? How does it work for Jeff Bezos? [closed]

I have always had a curiosity since a very long time about ordinary people who become very rich (millionaires, billionaires..). But I have a feeling that this is going to be a silly question, so ...
1
vote
4answers
585 views

Why do rich people prefer shares with dividend over bonds?

The first thing that came to my mind is because they can use their voting power, but then Warren Buffett started with shares (and then he didn't have enough voting power) and not bonds. Why do rich ...
1
vote
0answers
205 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?
37
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
9k 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 ...