Of course, he__ not actually a Billionaire. He__ a Billionaire__ Heir, which is wholly different from a Billionaire. A Billionaire can__ get cut off. A Billionaire__ Heir, on the other hand, can. And at the moment my Billionheir__ money spigot is in the off position. At this point, Kanish is down to his last $120,000, and I shouldn__ have to say it, but $120,000, a significant sum of money for most of us, does not a Billionaire make. Not even close.Suppose you were paid $120,000 in cash every single day of your life starting today. It would take you just shy of twenty-three years to accumulate your first billion, and that__ assuming you__e not spending any of it. You__ also need a mattress the size of a two-meter-square room, and that__ assuming you__e stuffing it with neat stacks of $100 denominations.Now, if you decided to invest your daily $120,000 payments, and you did so shrewdly, then the pace at which you acquired wealth would quicken considerably. With that kind of guaranteed daily income, banks would beg you to borrow money from them, and it wouldn__ be long before that daily $120K installment would be enough leverage for billions in secured loans. With billions in real assets on the books, you would be a Billionaire, despite a paltry income of only $120,000 per day. You see, wealth is judged not by what you have, but rather by what you owe.As usual, I digress.
MI
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Mixerman
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About Mixerman on QuoteMust
Mixerman currently has 1 indexed quotes and 1 linked works on QuoteMust. This page is the canonical destination for that author archive.
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#Mixerman and the Billionheir Apparent
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