Elon Musk’s current net worth is $23.4 billion and he is listed as the 40th richest person in the world on Forbes. He is one of the greatest technology entrepreneurs of all time. His first big win was as the co-founder of Zip2, a web software company, which was acquired by Compaq for $340 million in 1999. Musk […]
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John D. Rockefeller Sr. was a business tycoon and philanthropist who was possibly the wealthiest American of all time and also the richest person in modern times on an inflation adjusted basis. His net worth was about $400 billion in inflation-adjusted dollars, or about 2% of the United States GDP. He focused on the business on oil
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There are six different types of wealth you can have in your portfolio of life. Wealth measured in quantity of money and things you possess. Wealth in success and fame which gives you status and power. Wealth in health when you are not ill or sick. Wealth in time so your day belongs to you.
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The majority of millionaires and billions in the world were not born into their level of wealth, they earned or they created it in most cases. Too many times the children of the wealthy are more consumers than producers. Here are 10 principles for wealth building that are primarily based on skill and some luck
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There are different types of wealth than just money. You can be rich in money but in poverty with other areas of your life. Here are other ways you can be wealthy: You can be wealthy in…. Money Possessions Fame Health Happiness Purpose Family Friends Love Laughter Freedom Time It is important not to live
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There are principles to wealth just like there are things that will leave you broke with little or no money. Money flows from those that consume to those that create. The world is a big cash flow chart and employees, investors, traders, business owners, and consumers are all part of the flow. Money flows from
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This blog post was inspired by the writings of N.N. Taleb. There is more to life than just having money. The real wealth comes from the freedom that money can buy. Time is the most valuable currency and it only depreciates. Health and energy to enjoy life are our greatest wealth. Without or health what
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Here are ten steps to growing your personal wealth through good financial habits. Be long stocks during bull markets. Exit stocks and go to cash during bear markets. Buy your home in an area that is growing in population, business, and opportunities. Create cash flowing assets. Buy bonds only when interest rates are high +6%.
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Habits of the Rich Wealthy – defined as earning at least $160,000 annually and holding at least $3.2 million in assets They Have a Routine: Maintain a to-do list Wake up 3 hours before work Listen to audio books during commute Network 5 hours or more each month Read 30 minutes or more each
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There are many simple principles that can make all the difference between allowing your money to grow or staying broke. Here is a very simple and quick top ten list that if followed with discipline can make a huge difference in a person’s life. Simple but very difficult for most people to follow consistently over
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