Whats it like being the child of a billionaire?
Children of billionaires have privileges that many will never know. Some spend their parents’ money on college tuition and hobbies. Others spend their fortunes a little more lavishly — think world travels, yacht vacations, and designer clothes. Visit Business Insider’s homepage for more stories.
Who is world’s richest woman?
1. Francoise Bettencourt Meyers. French L’Oréal heiress Françoise Bettencourt Meyers is the richest woman in the world, according to Forbes.
Will the next millionaire Revolutionize Your Lifestyle?
As the number of millionaires and billionaires in the world climbs ever higher, there are a growing number of people who possess more money than they could ever reasonably spend on even the lushest goods. But at a certain level of wealth, the next million isn’t going to suddenly revolutionize their lifestyle.
Is gates a good billionaire?
Gates is seemingly doing everything we could want from a billionaire with his access to resources. He’s an incredibly rich, smart man who appears to be tackling the world’s biggest problems. The Bill & Melinda Gates Foundation (BMGF) is the largest charity in America.
What do ultra-wealthy people do with their money?
Meanwhile, many ultra-wealthy people “use their money to make money,” he says—an exciting, status-enhancing process. Those two ways of putting money to use—as a way of covering expenses or as a way of building a bigger fortune—come with two different points of diminishing returns.
Are Gen Xers struggling with debt?
Despite recent studies showing that Gen Xers continue to struggle with debt, some of these studies also show that they aren’t too worried about this debt. Even though they are struggling to save for retirement, they are well positioned to become the wealthiest generation — above boomers — within the next few years.