There Are FAR More Billionaires Than We Think!

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 1 тис.

  • @HowMoneyWorks
    @HowMoneyWorks  Рік тому +120

    Get a 7-day free trial and 25% off Blinkist's Annual Premium subscription by using my promo link www.blinkist.com/howmoneyworks

    • @ailediablo79
      @ailediablo79 Рік тому

      Those numbers are the ones in the west and know ones. Iraq alone has thousands of billionaires called government officials that stole 3 to 4 Trillions since 2003. 200B to 300B a year. Not couting investment on those. Also you have billionaires in China CCP and Russia. There is also Trillionair families. Also u have Sauid royal and other kings.
      I think there is around 10,000 billionaires on the planet. Vast majority are criminals. Even the ones that we know about did some stuff some of them.

    • @tbraghavendran
      @tbraghavendran Рік тому +2

      Why doesn't the IRS publish a similar list 🤔

    • @matthalbig9805
      @matthalbig9805 Рік тому

      Hi there -
      Noticed in your commentary you used to work in IB. Currently working in M&A but would be genuinely fascinated to hear more about your career path so far and how you started this channel. Not sure the best way to get in contact, but please let me know if you’d be willing to hop on a quick call at some point.

    • @roxaskinghearts
      @roxaskinghearts Рік тому +2

      there is far more billion trillion and millionaires then we know

    • @alainportant6412
      @alainportant6412 9 місяців тому

      1:33 lmao are those jews on the right ??

  • @crocopie
    @crocopie Рік тому +3240

    If I were a billionaire, I would definitely don't want to let everyone know that I am one.

    • @HowMoneyWorks
      @HowMoneyWorks  Рік тому +420

      Same here

    • @aenorist2431
      @aenorist2431 Рік тому +200

      Most likely because anyone knowing would by default have a valid reason to want to see you dead.

    • @harya7517
      @harya7517 Рік тому +150

      "Can I borrow your money?"

    • @soufiane4527
      @soufiane4527 Рік тому +138

      ​@@aenorist2431eat the rich until im one right, hassan ?

    • @redhot663
      @redhot663 Рік тому +60

      @@HowMoneyWorks I'm pretty sure you already are a billionaire but trying to hide it

  • @mikestanmore2614
    @mikestanmore2614 Рік тому +991

    1. Stay off Twitter.
    2. Don't buy Twitter.
    3. Don't do TV interviews.

    • @HowMoneyWorks
      @HowMoneyWorks  Рік тому +209

      2. Don't buy Twitter.... I LOLed

    • @SpareAccountNo.1-h9v
      @SpareAccountNo.1-h9v Рік тому +27

      Russians follow all three rules, yet they still end up on Forbes lists... how?

    • @mikestanmore2614
      @mikestanmore2614 Рік тому +40

      @@SpareAccountNo.1-h9v Everyone knows Russians are just unlucky, that's why they're so tough! 🙂

    • @rhs5683
      @rhs5683 Рік тому +16

      Damn, I failed 2,, but I'm fine on the other marks.
      Did I pass?

    • @mikestanmore2614
      @mikestanmore2614 Рік тому +15

      @@rhs5683 #2 is a bit of a stumbling block, I know. Don't feel bad, you're not the first. 🙂

  • @masonm600
    @masonm600 Рік тому +1887

    Alternate title: Min-maxing Stealth Wealth

  • @Josh-99
    @Josh-99 Рік тому +297

    Most rich people don't want you to know they are rich.
    My wife is a millionaire. She comes from old money. REALLY old money. "Mayflower" levels of old money. Her mother manages a portfolio in the tens of millions of dollars and has investments and trusts set up for her three children.
    You'd never guess this from how my wife grew up or lived now. Her life has always been comfortable but modest. Her parents sent their children to private school, but they lived in a modest house and drove simple cars. Even now, my wife and I live in a modest house and own an older Prius and a newer Prius.
    People are always surprised to learn about her finances. So was I, as she never told me a word about how wealthy her family was for the seven years that we dated. I didn't learn about her wealth until we filed our first tax return together. I thought there was an "off by zero" error on her itemizations; more accurately, I thought there was an "off by SEVERAL zeroes" error.
    We keep everything carefully invested and stay quiet about our money, as it's all locked away in trusts, retirement accounts, and mutual funds. In a few years we will retire and use that money to travel the world together.

    • @weird-guy
      @weird-guy Рік тому +70

      Even for normal people ( not millionaires status), some people are a lot richer than people think, but on the other side there’s a lot of people that are poorer than they appear to be because they are in a lot of debt.

    • @honkhonk8009
      @honkhonk8009 Рік тому +15

      My dad aint exactly some ultra rich millionaire, but he is "technically" a millionaire cus of his assets.
      It dont really mean shit tho cus our living standards are no where near travis scott level.
      I feel like its mostly due to inflation honestly.
      I think there's a difference between an actual millionaire that

    • @drjamespotter
      @drjamespotter Рік тому +21

      Mayflower is new money. Old money means your family came over to England with William of Normandy and still own the same land that he awarded them i n 1067.

    • @Josh-99
      @Josh-99 Рік тому +26

      @@drjamespotter No... No, I don't think that's right at all. In fact, that's pretty much straight out incorrect.
      Can't tell if you are being sarcastic or not, thanks to the limitations of the written word. If you are, I charge you with one violation of Poe's Law.

    • @Vic_XD
      @Vic_XD Рік тому +8

      why haven't you guys already retired? with this type of wealth you two wouldn't really need to work. do you just work regular ~$60k-$100k/yr jobs?

  • @M167A1
    @M167A1 Рік тому +390

    Staying off of that particular list has never been a problem for me.

    • @guccibandana9260
      @guccibandana9260 Рік тому +13

      let me hold $1k bro

    • @NerdZooooone
      @NerdZooooone 10 місяців тому +1

      …..but staying on…🫵🤣

    • @saad9736
      @saad9736 6 місяців тому +2

      😂😂😂

    • @MyFirstHandle
      @MyFirstHandle 27 днів тому +1

      Being rich and a minority is also dangerous from all the bias by the majority demographics.

  • @alexsteven.m6414
    @alexsteven.m6414 Рік тому +2531

    From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter

    • @edelineguillet2121
      @edelineguillet2121 Рік тому +4

      All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.

    • @fresnaygermain8180
      @fresnaygermain8180 Рік тому +3

      @@edelineguillet2121 Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $ 280k in the last 4 months by invest ing through my F A.

    • @valeriepierre9778
      @valeriepierre9778 Рік тому +2

      @@fresnaygermain8180 Impressive! I've actually been looking into advisors lately, the news I've been seeing in the market hasn't been so encouraging, who's the professional coaching you?

    • @fresnaygermain8180
      @fresnaygermain8180 Рік тому +1

      @@valeriepierre9778 My Financial Advisor is JEFFREY HAROLD STARR I found him on a CNBC interview where he was featured and reached out to him afterwards. he has since provide entry and exit points on the securities I focus on. You can run a quick online research with his name if you care for supervision

    • @masonm600
      @masonm600 Рік тому +4

      From 0 to double the top comment likes in 1 day? On a 3week old video? Sus

  • @YFolermira
    @YFolermira 10 місяців тому +1363

    Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

    • @VickyAlvy
      @VickyAlvy 10 місяців тому +1

      I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

    • @antonnohr
      @antonnohr 10 місяців тому

      After reading your insights, I researched her full name and found her online webpage. Thanks for your help.

  • @TheChees1996
    @TheChees1996 Рік тому +166

    alex hormozi and one of his friends said it best, "unless you have a message you want to share to the world, its better to stay unknown, than known" in other word if you are rich stay quite and live life with a peace of mind, unless you have something you really what to teach the world.

    • @GotMyTowel42
      @GotMyTowel42 Рік тому +7

      you can do both by outsourcing
      as in, pay ppl/orgs to do stuff for you, like spreading your msg
      can donate anonymously obvs

  • @rogersnick17
    @rogersnick17 Рік тому +161

    Stealth wealth is the way to go these days. Live your life, rule your world and no one even knows to cancel you.

    • @justcommenting4981
      @justcommenting4981 Рік тому +18

      You can't cancel a billionaire. That's silly.

    • @devol_1
      @devol_1 Рік тому +7

      ^ Kanye got cancelled...kinda 😅

    • @justcommenting4981
      @justcommenting4981 Рік тому +4

      @@devol_1 he didn't.

    • @RoflcopterLamo
      @RoflcopterLamo Рік тому +4

      @@devol_1 I still listen to his music

    • @FuelAirSparkTime
      @FuelAirSparkTime Рік тому +4

      It has always been the way. That's why our world is so inherently and ubiquitously corrupt and unfair

  • @yamuiemata
    @yamuiemata Рік тому +138

    Most old money like monarchy's and royalties are not in the forbes list And they are far more wealthy than most of the members in forbes list

    • @ThermaL-ty7bw
      @ThermaL-ty7bw Рік тому +6

      1 of Those people could give every homeless person on the planet a house with a garden , a car and a dog house to go with it ...
      nice world we live in , isn't it ...
      but when you Have money , you wouldn't want to part with it easily
      most people who have less money are happier overall though , so ...
      i wouldn't want loads of money , you'll never know if people like You for being yourself or that they like your money more

    • @BeHappyTo
      @BeHappyTo Рік тому +63

      @@ThermaL-ty7bw "most people who have less money are happier" this is just a thing rich people say to keep you in your place. What matters for happiness really, is having more free time. You can't have free time if you're working 2 jobs just to live.

    • @gh0s1wav
      @gh0s1wav Рік тому +13

      ​@@BeHappyTo health is wealth too.

    • @blessed_lana6965
      @blessed_lana6965 Рік тому +4

      Prince William's Estate worth 2.2 billion

    • @BeHappyTo
      @BeHappyTo Рік тому +10

      @@gh0s1wav wealth is health

  • @lasgio_
    @lasgio_ Рік тому +212

    Also, please more videos like this. Obscure wealth videos are the best.

    • @HowMoneyWorks
      @HowMoneyWorks  Рік тому +59

      I will! I enjoy researching them

    • @luis.m.yrisson
      @luis.m.yrisson Рік тому

      @@HowMoneyWorks There is this documentary called "The One Percent". It was filmed by an actual 1 percenter and it is right here in YT for free. He interviews or tries to interview, other one percenters. He talks exactly about what you say in the video. The One percenters don't want to be found.
      ua-cam.com/video/IK35cxb3rkA/v-deo.html

  • @cameroncook2048
    @cameroncook2048 Рік тому +130

    I've spoken to some wealthy people in central London; there are far more than 735 billionaires the subject isn't up for debate. Just walk around places like Harrods and you'll understand. If you were a billionaire, would you let Forbes put you on a public list? The answer is most likely no.
    Someone I know of worked for a head of state years ago.
    Publically, he had a few million $.
    Secretly, he had tens of millions hidden in Switzerland

    • @tbraghavendran
      @tbraghavendran Рік тому +2

      How was he able to escape from the tax authorities 🤔

    • @zealmilenio177
      @zealmilenio177 11 місяців тому +3

      He worked for the tax authority, duh. Former assistant to former minister of finance or something, probably.

    • @j134679
      @j134679 7 місяців тому +2

      @@tbraghavendran only Americans can't hide money in Switzerland due to laws they agreed on. Everyone else can bring cash there & deposit it to anonymous accounts.

    • @tbraghavendran
      @tbraghavendran 7 місяців тому

      @@j134679 then, what do Americans do with their black money or green bucks?

  • @MrGayle_
    @MrGayle_ Рік тому +27

    Nassef Sawiris was the world's richest Arab with a net worth of $7.7 billion. Egypt and Lebanon had six billionaires each, making them the countries with the highest number of billionaires in the Arab region.
    Since 2018, Forbes has not included Arabs in the global list. That year, the magazine decided to exclude all Saudi Arabian tycoons after the Saudi Arabian government detained dozens of top businessmen from the oil-rich kingdom in a corruption case in 2017.

  • @christianterrill3503
    @christianterrill3503 Рік тому +118

    I grew up in a pretty rich area,i know for a fact a couple of my friends parents were billionaires.

    • @Pistolita221
      @Pistolita221 Рік тому +51

      I live in a small great lakes city and there are a weird number of billionaires, some you've heard of, most you haven't and it's literal dynastic English wealth, passed down via trusts, llc's, corp's, and kept out of the public eye. Some even live in modest homes.

    • @elitecoder955
      @elitecoder955 Рік тому +3

      What business did they own ?

    • @Pistolita221
      @Pistolita221 Рік тому +19

      @eman aqeel That's not as surprising because it's Toronto/a toronto suburb. My town has ~140,000 people, it's called Ann Arbor. It's a totally separate city from any others in michigan, it doesn't function as a suburb. The city was designed by the same city planners as DC. It really doesn't make sense why there's OLD european dynastic money hiding here. We have a UBS (Swiss Trust Fund bank, so probably literal european nobility). Tis weird for a small midwestern college town. There are over a dozen families here with over a billion dollars that I know the names of, some live on GIANT plots of land outside of town, most live in large homes, but not something only a billionaire could afford. Michigan is a really weird state. It has money like the coasts, with the auto industry, some banks, security, natural resource companies (salt, sand, water lumber, iron, farming, ranching), etc. Ohio has a lot of money that you wouldn't expect, too. I think their money is generally older (rail road baron era).

    • @zandaroos553
      @zandaroos553 Рік тому +2

      @@Pistolita221 is it in Michigan or Illinois? I may know where you’re talking about some of my family used to live in one of those towns until recently and I went to HS in one

    • @Pistolita221
      @Pistolita221 Рік тому +2

      @@zandaroos553 michigan. What city do you think it is? From what I can tell michigan has 3 cities like cities with weird amounts of money.

  • @ZenaFuss
    @ZenaFuss Місяць тому +31

    So true! Wealth has no shortcuts, here are ways to acquire it..🔥

    • @ZenaFuss
      @ZenaFuss Місяць тому

      the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance

    • @ZenaFuss
      @ZenaFuss Місяць тому

      I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year.g

    • @ZenaFuss
      @ZenaFuss Місяць тому

      Elizabeth Greenhunts
      get to her with the name

  • @rihasanatrofolo2472
    @rihasanatrofolo2472 11 місяців тому +26

    None of them have billions in liquid cash. Most people confuse this.

    • @jasonmoukala8909
      @jasonmoukala8909 9 місяців тому +4

      Exactly

    • @CaptainJeoy
      @CaptainJeoy 4 місяці тому +2

      That's why you don't want your name there in the first place. Most people are too lazy to understand things properly and would just rather assume.

  • @MattDouglas-hj9wh
    @MattDouglas-hj9wh Рік тому +127

    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.

    • @hannahdonald9071
      @hannahdonald9071 Рік тому +3

      Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @trazzpalmer3199
      @trazzpalmer3199 Рік тому +2

      I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

    • @trazzpalmer3199
      @trazzpalmer3199 Рік тому +1

      "Carol Pasol Lewis". You can easily look her up, she has years of financiaI market experience.

    • @Tarooo89
      @Tarooo89 11 місяців тому +2

      I love how this entire comment chain is obviously bots, even the usernames are identically generated lmao

    • @tappajaav
      @tappajaav 10 місяців тому

      @@Tarooo89 They pop up every now and then in financing-related video comment sections.
      Sometimes even non-related

  • @Elphoya
    @Elphoya Рік тому +46

    The real wealth are the friends we made along the way✊😔

  • @sidzero
    @sidzero Рік тому +44

    Looking forward to that video about gamification in business.

  • @trazzpalmer3199
    @trazzpalmer3199 7 місяців тому +35

    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

    • @tampabayrodeo2474
      @tampabayrodeo2474 7 місяців тому +1

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

    • @jr321
      @jr321 5 місяців тому

      Scammer

  • @julion89
    @julion89 Рік тому +38

    Considering there's a shortage of long range private jets and yachts over 50 meters with 100+ meter yachts rolling off dock yards like cakes, I'd say there's a whole lot more billionaires than what Forbes publishes

  • @Xeit
    @Xeit Рік тому +9

    Not telling anyone that you are bilionaire is just smart move. Too many beggars, public eyes and all other bs comes from this being a public knowledge.

  • @arthurlasido258
    @arthurlasido258 Рік тому +15

    Is this the financial bros' equivalent of a 10 year-veteran of WoW, creating a bunch of new accounts to pawn on them noobs?

  • @brasssnacks8413
    @brasssnacks8413 Рік тому +24

    Forbes's compilation of billionaires is one of the most important endevours of our time! How else will we know where to start when the revolution comes?

    • @sk31370n
      @sk31370n Рік тому +2

      you just ask the dude paying you to start the revolution

  • @daisya.7960
    @daisya.7960 6 місяців тому +1

    interestingly enough, Isabel dos Santos, the former president of Angola’s daughter, brought and financed Forbes in Angola. They estimated her net worth and she was the richest woman of africa, 3.4B (from corrupt money). That title and attention brought up investigations about the source of her wealth, she’s now wanted / being investigated in Portugal, Angola and I think England. A lot of members of her father’s party were also known for corruption and inappropriate use of public funds. But they were smart enough not to declare them publicly. I’m sure that there are many other billionaires in Angola or other African countries that choose to live in the shadows to avoid public knowledge and investigations.

  • @BrooklynDynasty
    @BrooklynDynasty 5 місяців тому +2

    I know a billionaire real estate owner in NYC not even his neighbors know he's a billionaire they know his family owns a few buildings but they don't know how many and the sky scrapers in the city he lives in a apartment building that he owns and combined like ten apt. For himself 😮

    • @Pistolita221
      @Pistolita221 5 місяців тому +1

      Michigan has a lot of stealth wealth, too. I imagine Ohio is the same, weirdly enough.

  • @albionicamerican8806
    @albionicamerican8806 Рік тому +24

    People who make billions from criminal activities usually don't show up on the lists published by the business media.

  • @futurehofer1564
    @futurehofer1564 Рік тому +5

    If I was a billionaire I wouldnt want to be on this list

  • @j.mieses8139
    @j.mieses8139 Рік тому +7

    I'm still working on my first Million..so got a long way to go!

  • @riptyurass302
    @riptyurass302 Рік тому +9

    It’s not even illegal. Some may just be billionaires but don’t want the world to know. They’re entitled to their privacy just like how we’re entitled to not have to tell strangers our bank account balance.

  • @aaronschristo2745
    @aaronschristo2745 4 місяці тому +1

    Yeah I have 10 to 15 billion lying around but I am not on the Forbes list 😢

  • @krishanpalkaidwal
    @krishanpalkaidwal 5 місяців тому +1

    Deep rivers move with silent majesty shallow brooks are noisy.

  • @thedude7319
    @thedude7319 Рік тому +12

    Talking about billionaires, I just want to be a multi millionaire

    • @BikeHelmetMk2
      @BikeHelmetMk2 Рік тому

      1) Buy a house
      2) Pay off the mortgage over 30 years.
      3) Done.
      Would recommend Roth IRA or TFSA as well.

    • @honkhonk8009
      @honkhonk8009 Рік тому

      Honestly its way less complex than people make it out to be.
      Doctors earn a shit ton bruh.
      Even as a pharmacologist, you can just earn $250k a year, live in a trailer park throughout your 20's, and invest the money you save cus of the living costs.
      Once your set, you can then get the flashy title of millionaire and feel good about yourself, but get cucked the moment you try some elon musk type shit lmfao.
      My dad did the same as a programmer. Have some family friends who took the medicine route aswell.

    • @jasonmoukala8909
      @jasonmoukala8909 9 місяців тому

      @@honkhonk8009not just doctors but engineers, computer programmers/software developers, car salesman, real estate agent, life insurance agent, people who work in cybersecurity etc

  • @FirstNameLastName-gh9iw
    @FirstNameLastName-gh9iw Рік тому +3

    2:20 are you telling me my dads old boss might be a billionaire?
    Edit: oh with 500 million dollar sale he’s almost definitely a billionaire by now

  • @TheHomeman
    @TheHomeman Рік тому +7

    I've been telling my coworkers for years that if you are buying crypto most of them are customers not investors or investomers.
    It might make them money but more likely not.

  • @curious_one1156
    @curious_one1156 4 місяці тому

    wealth is fun, but putting it to changing the world is even more fun !

  • @George-nd7ot
    @George-nd7ot Рік тому +12

    Technically Hedgefund billionaires would be the hardest to verify, think about it if alll they do is trade stocks, commodities, futures etc then how would forbes or Bloomberg ever find out 🤔

  • @menaseven9093
    @menaseven9093 9 місяців тому +1

    One of the Heineken family motto was Secrecy is success, success is secrecy. Can somebody be a billionaire without having a billion dollars in cash, gold, and real estate? Most of the billionaires are stock billionaires.

  • @reprovedcandy
    @reprovedcandy Рік тому +5

    This is great to know. Will be super helpful when I become a billionaire...

  • @Mr--_--M
    @Mr--_--M Рік тому +8

    And why would they wanna be on that list? Money vultures aren’t fun

  • @yebzy
    @yebzy Рік тому +7

    2:18 this was so damn motivating to me for some reason.
    I guess for some reason I used to think this level of wealth was unattainable for me , but this put things in perspective
    I can get there

    • @iryairya2008
      @iryairya2008 10 місяців тому +1

      Yes you can brother. Believe and make it happen!

  • @TheOneAndOnlyOuuo
    @TheOneAndOnlyOuuo 10 місяців тому +1

    3:15 So just don't tell anyone you won? I wouldn't.

  • @sahilsuryawanshi5630
    @sahilsuryawanshi5630 6 місяців тому +1

    Hii, you should keep your background music slightly low

  • @barfymann362
    @barfymann362 Рік тому +4

    This analysis of Shakespearean depths is one of intrigue, I must say. Would you like to meet under the Queensboro bridge to discuss this further? For say...$15?

  • @McD-j5r
    @McD-j5r 4 місяці тому

    The media doesn’t talk about the trilliardares - who matter as oligarchy.

  • @MosaKhetsi-z6i
    @MosaKhetsi-z6i 3 місяці тому +1

    Thank you bro you really helped me

  • @marieazrak1951
    @marieazrak1951 10 місяців тому +1

    They also don’t wanna be held responsible for their employees who work so hard to provide for themselves and their loved ones or even people with disabilities if somebody gets hurt or goes to jail on their watch because they work for them

  • @AlexanderTheGreatMan
    @AlexanderTheGreatMan Рік тому +6

    To be fair this gives me hope. I thought that becoming a billionaire is really hard and only a few can do it but this proves me wrong.

  • @Trizzer89
    @Trizzer89 Рік тому +2

    A lot of heirs an heiresses stay off the list. Owning private companies definitely helps

  • @leonidas14775
    @leonidas14775 Рік тому +4

    Fame can be dangerous

  • @BrooklynDynasty
    @BrooklynDynasty 5 місяців тому

    Timberland boots sold his shares about 10yrs ago for 3billion and went into deep retirement...he came from Russia without a penny in his pocket

  • @MouseCIick
    @MouseCIick Рік тому +1

    if your at a point where your hiding money. do you really need that much money? are people really that greedy?

  • @Bhargav_Gadekar
    @Bhargav_Gadekar Рік тому +2

    *So I've learned everything to stay hidden as a BILLIONAIRE, the only thing left is to me making a BILLION* 😅😅😅

  • @TechTalk1x
    @TechTalk1x 6 місяців тому

    Beyonce said "nope today ain't today...keep speculating " 😂

  • @onemessage14
    @onemessage14 7 місяців тому +1

    Anyone who is a billionaire should do their best to avoid there name being out anywhere. I live my life like an average person and people have no idea I have a billion dollar empire. Rule number one is don’t tell anyone what you have. The second you do this, you’ve already started losing the game

  • @vivian9399
    @vivian9399 9 місяців тому

    As a Billionaire (not from USA), I use big credit card. So there is no tax on everything I buy. I just need to pay monthly to the bank that issued that credit cards. We never touch paper money.

  • @epi2045
    @epi2045 Рік тому +2

    Rule 1: You Do Not Talk About Fight Club.
    Rule 2: You Do Not Talk About Fight Club.

  • @fizz03
    @fizz03 Рік тому +1

    This would be a big deal IF net worth actually was a good metric of "richness". People act like your assets are easily liquid, when that is just so far from the truth.

  • @Asteroid_Jam
    @Asteroid_Jam Рік тому +1

    This comment section reading like a LinkedIn Q&A

  • @shemmy95
    @shemmy95 13 днів тому

    Imagine a few hundred people together have more money than the rest 8 billion people combined!

  • @gh0s1wav
    @gh0s1wav Рік тому +2

    I remember fixing this printer for this guy who seemed to live in this super small house. He had a mercedes turbo in his driveway. To me that's not that special of a car. Then i go to configure the router in the garage and i see a whole lambo. Thats when irealized theres probably loads of ppl who have loads of money that just dont let other ppl know. Its sort of like how mosy of the internet is actually on the darknet/in private protocols.

  • @sumitkumar-te6gz
    @sumitkumar-te6gz 28 днів тому +1

    4:00 shera

  • @Fancyblue6629
    @Fancyblue6629 Рік тому +1

    Submarine says otherwise

  • @sebastianringlstetter6103
    @sebastianringlstetter6103 6 місяців тому

    damn... I was just about to buy a 5% share in Apple until you warned me about that. Thanks a lot!

  • @Medicine91
    @Medicine91 Рік тому +6

    How does one resist the urge to flex on fools?

    • @HowMoneyWorks
      @HowMoneyWorks  Рік тому +9

      Knowing that flexing on fools brings a lot of problems with it, like your family members and other ‘not fools’ asking for money.

  • @InnocentBoyV
    @InnocentBoyV Рік тому +1

    Nice tips, very helpful 👍

  • @JoshuaSughnen
    @JoshuaSughnen 9 місяців тому

    I have kept making searches on how to hide my money.

  • @j03man44
    @j03man44 Рік тому +1

    4:12 title card on a 12 minute video 😂

  • @aleksandarstefanovic1350
    @aleksandarstefanovic1350 Рік тому +1

    4:20 - 5:53 for commercial? 93 seconds?

  • @Lilyoregon
    @Lilyoregon Рік тому +27

    Made my first £200 k from buying ETFs and startup company’s Stocks over some months, I was able to generate good ROi monthly after tax, and ever since it’s been a great source of income for short and long term

    • @olivia4182
      @olivia4182 Рік тому +2

      How much did you invest monthly or did you invest a lump sum

    • @collisserbanno8740
      @collisserbanno8740 Рік тому +1

      How do you select your investments and know what to invest into, please reply

    • @Lilyoregon
      @Lilyoregon Рік тому +1

      @jokenhank That’s why I choose to speak to my fiduciary before choosing any investment, I’ve been using one since the pandemic Sir Arlo Eric, with profit oriented tactics and minimizing risks against inevitable downtrends, in addition to access to insider knowledge and analysis making failure virtually impossible, made me great ROi the past two and half years

    • @Taliecat
      @Taliecat Рік тому +2

      I don’t have any experience with stocks, can I have your pro’s mail to connect with him

    • @Lilyoregon
      @Lilyoregon Рік тому

      Gmal comm alright

  • @dempseyrollo7535
    @dempseyrollo7535 Рік тому +4

    Like if you’re a Billionaire 😢

  • @brinypeaguses9003
    @brinypeaguses9003 11 днів тому

    This background music crazy loud

  • @Stopinvadingmyhardware
    @Stopinvadingmyhardware Рік тому +3

    Never accept the interview.

  • @dubstrippin
    @dubstrippin Рік тому +6

    Do any humans exist in the comments ?

    • @mikesurel5040
      @mikesurel5040 Рік тому

      No. I exist in my house and occasionally post comments 😂

    • @ejwowiing
      @ejwowiing Рік тому

      Yes.

    • @hidesbehindpseudonym1920
      @hidesbehindpseudonym1920 Рік тому +4

      I know right it's pretty much bots trying to scam. A dark preview of our future.

  • @sumantasahoo7841
    @sumantasahoo7841 Рік тому +2

    Government should keep track of which people keep how much money.

  • @Brayness
    @Brayness Рік тому +3

    If you own 4.999999% of a company, can stock buybacks force you to file a 13D?

  • @Cosymoods
    @Cosymoods Рік тому +1

    I am already worth 40 million dollars, i am working my way up to billion dollars, a pretty big goal but i'll make it

  • @jsboeve
    @jsboeve Рік тому +34

    #1 reason billionaires don't want to be known is that this gilded age is bound to end soon and the guillotines will hopefully follow swiftly afterwards.

    • @notsheeple-ih6hl
      @notsheeple-ih6hl Рік тому +8

      Why would you hope for that?

    • @jsboeve
      @jsboeve Рік тому +26

      @@notsheeple-ih6hl because billionaires are the reason its becoming increasingly difficult to afford to live and the only way to reverse the trend of everyone becoming poorer each year as billionaires become wealthier is to get rid of them. When you get your measly 3% (or likely less) raise each year while inflation keeps going up by 5, 6, 10%, you can thank the billionaires for you being poorer this year than you were last year. Capitalists are boasting about record profits each year to their shareholder masters, celebrating their bounty, while they turn around and tell the people who worked hard to make it happen that they "can't afford" to provide a raise and will need to cut more jobs.

    • @notsheeple-ih6hl
      @notsheeple-ih6hl Рік тому

      @Jordan they're not. And revolutions never work. Look towards your government and its inefficiencies to find your problem

    • @leonidas14775
      @leonidas14775 Рік тому +5

      I would argue that UBI, and high corporate and billionaire taxes are a better solution for society. But seeing some deserving heads roll would feel good in the moment.

    • @fant1105
      @fant1105 Рік тому +31

      @@jsboeve you’re delusional if you think the moment some of them “disappear” the next second someone will not take their place, you should focus on yourself not other people lives

  • @SpecialAgent666
    @SpecialAgent666 8 місяців тому +1

    I'm chuckling going towards the end there because it's the opposite for me right now. Look, when my dial moves from being a struggling Entrepreneur to where certain Billionaires are right now, I'm totally showing that 💛

  • @af5235
    @af5235 Рік тому +1

    It is this kind of economic disparity that breeds corruption, discontent, malcontent and revolution.......as it should. Wealth accumulation through hard work is fine...but the whole economic system and political over sight of that system is out of whack....Rome fell, the Ottoman Empire fell, and the USA is on track to fall.

  • @chesscraze7794
    @chesscraze7794 Рік тому

    yup there are many more billionaire because in India there is a gangster also a politician he said he have assets worth 250 million which is less as compare to every other politician but when investigation was done on him he had around 1.5billion $ worth of assets...

  • @alwandehlophe9077
    @alwandehlophe9077 Рік тому

    Thanks bro really informative video

  • @vanmeetstalwar
    @vanmeetstalwar Рік тому

    True, you will never see any of the Tata family members in the billionaire list.

  • @luisfilipe2023
    @luisfilipe2023 Рік тому +2

    Yep if I was rich I wouldn’t want people to know it either

  • @magic2201
    @magic2201 6 місяців тому +1

    Pocket watching 1:06

  • @shubhmishra66
    @shubhmishra66 Рік тому +2

    This should be all over LinkedIn to decredit Forbes.

  • @ReineGalena
    @ReineGalena Рік тому +1

    To the secret billionaires in the comment section: nice faux poor person shirt it really blends in with the crowd.

  • @MereAYT
    @MereAYT Рік тому

    Forbes makes so much more sense upon learning that being featured by it is pay-to-play.

  • @abdikadarabdullahi
    @abdikadarabdullahi 5 місяців тому

    Imagine paying forbes to put a magazine on your rival. Now people will think they're paying forbes, or it is a scam.(for 30 and under)

  • @georgialjones623
    @georgialjones623 Рік тому

    Jones typos. Jones plant spikes disintegrated...

  • @Athithan_2000
    @Athithan_2000 Рік тому +1

    Probably just best to stay under
    the 999 million dollar mark!

  • @HappyAverageGuy
    @HappyAverageGuy Рік тому +1

    These tips will really help me keep my $0.05 balance away from forbs

  • @m.adrian
    @m.adrian Рік тому +2

    The only organisation that could tell us the true number of billionaires is the IRS xD

    • @gh0s1wav
      @gh0s1wav Рік тому +2

      Lol no, one of the most important things about being rich is to make sure no government can claim taxes on your wealth.
      At the end of the day the mindset isn't even making good investments its just money hoarding. See how you can keep as much for yourself as possible that's it.

    • @thomasgrabkowski8283
      @thomasgrabkowski8283 Рік тому

      A lot of them barely file any reported income to IRS to avoid paying taxes. Also it doesn’t cover non American billionaires

  • @bensoos
    @bensoos Місяць тому

    Thanks, man. Now I know how I can avoid all this 😅

  • @LoganRoy723
    @LoganRoy723 Рік тому +2

    IMrs Claudia Walters the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy

  • @finnwheatley2194
    @finnwheatley2194 Рік тому +3072

    About a decade ago I asked a very senior private banker in London how many of his clients who were billionaires were in Forbes. He said only a quarter or a bit more. Most aren’t. Especially if you made money in emerging markets or from a private business

    • @Stopinvadingmyhardware
      @Stopinvadingmyhardware Рік тому +225

      Niche markets. The easiest way to become a Billionaire, is to find a niche and expand into it.
      If you need more help, I can elaborate

    • @elwan_
      @elwan_ Рік тому +70

      ​@@Stopinvadingmyhardware elaborate more please

    • @robbzooi
      @robbzooi Рік тому +16

      sure bro

    • @kenim
      @kenim Рік тому +231

      @@elwan_ living in a developing country, its about having friends high in the government and get contracts or monopolies. Take Brazil for example, IIRC 23/24 of the richest people there are government contractors like the infamous Odebrescht.

    • @Stopinvadingmyhardware
      @Stopinvadingmyhardware Рік тому +8

      @@elwan_ Which sector are you in?

  • @firestar-er6td
    @firestar-er6td Рік тому +1058

    Thank you! This video has helped me (a billionaire) to hide my vast supplies of wealth (20$ I found on the sidewalk) from the public eye (my mom)

  • @RandyVincent808
    @RandyVincent808 Місяць тому +76

    The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

    • @NoahWilliam824
      @NoahWilliam824 Місяць тому +1

      Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

    • @LucasSmith715
      @LucasSmith715 Місяць тому

      It is remarkable how much long term
      advantage people like us have gotten by trying to be consistently not stupid,
      instead of trying to be very intelligent.

    • @AlanJuan52
      @AlanJuan52 Місяць тому

      The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @LucyAkira371
      @LucyAkira371 Місяць тому

      Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?

    • @AustinSean-
      @AustinSean- Місяць тому

      Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

  • @Kelvineachael
    @Kelvineachael 4 місяці тому +13

    My question is, What's the best way to make money from crypto trading? I really need help from investors and traders.

    • @Jerry-zb8zj
      @Jerry-zb8zj 4 місяці тому

      When investing it's of the utmost importance to diversify your money. This is a good way to invest

    • @SuperFly-xc9ed
      @SuperFly-xc9ed 4 місяці тому

      The number one skillset that an investor need to have is extreme patience and invest with a professional broker to guide you!

    • @christenmadison260
      @christenmadison260 4 місяці тому

      Buy low and sell high, also ensure you invest with a professional who has a unique skill in manipulating the market for profit gain. GOODLUCK!!!

    • @Likewood280
      @Likewood280 4 місяці тому

      I have one question, everytime I buy low and sell high I should be making more money right? But my wallet becomes less and less, why is this?

    • @williamscalvary737
      @williamscalvary737 4 місяці тому

      Me too I'm a beginner. I don't understand indicators that are used. Any guide or advice you wanna give me?? How to read indicators properly??