I'm glad this turned into a thread about hamburgers, otherwise I fear I would have nothing to contribute!
Seriously though, many wealthy people seem to come to this conclusion, or at least that the benefit of being wealthy is not what you can do, but what you don't have to do. Usually something like "If time is money, then money is time, or it at least buys the freedom to own 100% of your time- the most finite resource we have".
This is what Sam Walton is reported to have discovered all too late while lying on his deathbed, right?
Winning is not found in the prize, winning is found in the doing.
Did not read the entire thread but skimmed enough answers to get a gist and offer a substantive opinion.
I did my first speech on Bill Gates in my Public Speaking class in college. Followed him rather closely in the mid to late 90's, so I may be a bit biased.
For the most part he is right. This is coming from someone who has never been a millionaire, but have six figured it before and legitimately am friends with millionaires.
I tell people all the time, humans needs have not changed for centuries: you want the ability to have food, shelter, clothing, and do what you want to do...without having to think about it!
Trust me, I am a frugal individual by nature, but have expensive taste, if that makes sense. Honestly, I ended up splurging on others before myself. As long as I could drive what I wanted, live where I wanted, eat where/what I wanted, wear what I wanted, and date who I wanted, WITHOUT THINKING ABOUT IT, I was happy. And it does not take a billion to do that. It does not take $100 million to do that.
There are exceptions, but, one has the ability to make between 5 and 15 million in a 4 year period, the wants and needs of the majority of human beings is covered.
Yeah i'd agree with him. You don't need to be a billionaire to own a private jet, a cool $100m will do, or even less, i don't know.
Actually know TWO people who have private jets and are certainly NOT billionaires.
Same with Yachts. Though you'll need decidedly more than $10m. But for that i can go on any cruise i ever want and fly any flight first class - and flights and cruises are so regular, like why even bother.
Some Arab princes, though, don't get bored of ridiculously extravagant luxuries.
I am really loving all these private jets and so pics.
Aiming for the private jet for sure and will be satisfy with nothing less than 100 million -- and in fact, if anyone reading this post has a private jet and wants to fly me to the Jamaica, in the Caribbean, next Monday evening and bring me back on Tuesday evening please send me a pm. It would be your charity work to me in support of a friend's event... thanks in advance.
And I am not joking on this one.
Do you see that these threads are a waste of time, this is mental masturbation.
If you do what most people won't, you will live like most people can't. MJ
If you want to make money in life, you have to be a leader and not a follower. - Peter2
Anyone else think Bill Gates is kind of a douche? I am not really all that interested in what he has to say.
I think he is one of the best salesman in humankind history.
If he was capable of getting the whole world to use his product, despite of it being mediocre and half-baked at best, then there are a lot of things I want to learn from him.
And then, when we all get to hate him for being obscenely rich, he goes and gives it all away.
Tough to beat that one.
Palmera Tech -- Web Development Done Right!
Boring and steady makes you money. Do not get distracted by shiny objects.
He is more of an inventor than a businessman.
I don't hate him. I don't have a problem with anyone just because they are rich.
He did a good job, but I really have no interest in bill gates.
Hi. First time poster, long time lurker. Love this website. Plan on doing a formal intro soon but I thought this scene fit the thread good. Look forward to doing some future posts. Love this site.
I like making other people happy. I love taking less-than-fortunate friends out for a weekend of relaxation and no worries, and all it takes for their worries to disappear is usually a small amount as long as it is budgeted properly. I am not wealthy by any means, but I am completely debt free and value myself on money management. I could do a hell of a lot with $10 million. Like pay for a nice house, then pay myself $100,000 a year until the day that I die. I could live a perfect (to me) lifestyle on that salary.
At the end of your life, what the hell would you do with the left overs anyways? What is everyone's beliefs in leaving your money to your children? I think that would ruin their own ability and drive to learn, and get after it for themselves. I'd like to see other opinions on this.
Also, I'm definitely eating a burger for dinner today. Heh.
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