3 ms·
There are quite a lot of things that can cost a meaningful % of $200M. Artwork, property, vehicles (planes, yachts, expensive cars), upkeep and potentially sta
by shostack 10y ago
There are quite a lot of things that can cost a meaningful % of $200M. Artwork, property, vehicles (planes, yachts, expensive cars), upkeep and potentially staff for all those things, etc. The impact to your net worth is thus 50% lower if you can double your net worth.
Also, if you get to that level, I imagine there reaches a point where those things become much more realistic to obtain, and your expectations for your earnings go up. Why settle for $200M when you can have $400M like your friends? Why settle for $400M when you can reach the three comma club?