4 ms·

I would say that true wealth does not have to work

• akerro 9y ago
  Someone needs to maintain the wealth, keep avoiding taxes, keep an eye on regulations, foreign markets, looking for new investments.
  • orf 9y ago
    Couldn't they pay someone to do that?
    • jk2323 9y ago
      Yes. But this is VERY risky. See this as an example: https://en.wikipedia.org/wiki/Madeleine_Schickedanz https://en.wikipedia.org/wiki/Madeleine_Schickedanz The article does not give much details. But managers basically stole her wealth from her and siphoned it to themselves. "She was supported in her claim by Thomas Middelhoff". In my opinion it was Middelhoff who badly advised her for his own gain.
  • HalcyonicStorm 9y ago
    Money management is a huge industry.