In a recent interview on the Simply Digital podcast, billionaire real estate investor and entrepreneur Grant Cardone shared his insights on the fastest routes to earning $1 million, breaking down the paths to wealth in his typical direct and straightforward style. Known for his bold approaches in business, Cardone laid out what he sees as … Read more
50 Cent, aka Curtis James Jackson III, has won the hearts of millions globally for decades with his revolutionary rap bars and music. Despite a massive net worth from the sales of millions of albums and billions of music video streams, 50 Cent’s outlook towards working hard has remained the same. As a hustler who … Read more
A top UK tax and immigration advisor, David Lesperance, helps high-net-worth individuals manage their money. However, the looming Labour tax hikes resulted in eight of his super-wealthy clients approaching him for help leaving the UK. Lesperance reportedly said the potential increases to capital gains, inheritance tax rates, and a new “exit levy” for wealthy people … Read more
During a review of financial advice from top influencers available online, multi-millionaire author and host of Netflix’s “How To Get Rich Show” Ramit Sethi couldn’t wrap his head around how some experts view the middle class. During the review posted on YouTube recently, Sethi was surprised when he saw a clip of real estate investor … Read more
Wealthy people often use the most commonly available banking and investment accounts to compound their wealth and avoid tax liabilities on future withdrawals. They love liquidity and tax benefits and generally maintain a frugal lifestyle. For these reasons, high-net-worth individuals often gravitate towards tax-advantaged accounts like 401(k), Roth IRAs, and brokerage accounts that offer them … Read more
A rich retirement life is often the result of patient investing and diversification across asset classes in your working years that offer adequate income and financial security when you hang up your boots. How much you need to retire is a burning question that younger generations pay more heed to than millennials and boomers. While … Read more
Multi-millionaire George Appling accumulated $1 million when he was 36. He has no plans to leave his wealth to his three kids as an inheritance but would rather pay for their college, car, and other life events. Appling’s decision to part with his wealth in ways that help their children in their formative years rather … Read more
Individuals must enrol in Medicare when they turn 65, especially if they have plans to delay retirement further. tiago tins/Pexels.com A 65-year-old woman is mulling divorce since her husband, who inherited millions from his father, doesn’t share the money with her. He forced the woman to withdraw Social Security benefits at 62, which locked her … Read more
In his book Die With Zero, former Wall Street trader Bill Perkins explains how he plans to spend his entire wealth before passing away without leaving anything to his two children as an inheritance. He believes giving money to children earlier, when they need it, instead of passing on wealth until they are older, has … Read more
Financial success is often viewed as a critical indicator of achievement, and understanding wealth benchmarks is a crucial tool for gaining valuable insights into economic stratification. Wondering how much net worth it takes to ascend into the upper echelons of America’s wealthiest is a very common thought. However, figuring out where you stand on the … Read more
