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“there were 56 million people worldwide whose assets exceeded one million US dollars” That doesn’t take starting your own business or even working for one of t
by scarface_74 2y ago
“there were 56 million people worldwide whose assets exceeded one million US dollars”
That doesn’t take starting your own business or even working for one of the top paying companies. If you bought a house ten years ago in an area with rapid price appreciation - congratulations you are now close to a million easily.
Now if you work for any of the tech companies that pay top of market for a few years and live below your means, reaching 1 million is even easier.
- satvikpendem 2y agoIndeed, that's my point. It is statistically unlikely to do well enough in business to get to 1 MM compared to working for a living.