How to Become a Billionaire… Even if it Takes 200 Years
Update: 2021-10-06
Description
by Simon Black
Sovereign Man
It’s a simple question of arithmetic.
Imagine you could go back in time to 1871 and ask one of your long lost ancestors to invest $2,500 for the benefit of future generations.
That amount of money wasn’t insignificant… but certainly not a major fortune; it would be worth roughly $50,000 in today’s money.
When placed in the right structure, and benefiting from compounding returns over the next 150 years, that $2,500 initial investment would be worth an astounding $1.4 BILLION today.
Now, sadly none of us owns a time machine. But we do have the power to be that long lost ancestor to future generations.
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