What would you do if you are in your early 20s and already a multimillionaire?
Currently senior attending a top 10 Business School but am worth over a million in assets
My father is just an lower-upper class professional making around 500K pre-tax (around 300K net income)
Father has a real estate worth of around 4.5 million to 5 million and about 1 million liquid asset.
My grandparents are still alive but they've given me a piece of real estate property (outside US, in Asia) that went from a value of USD 200K to roughly about USD 2 million over the course of 10 years (inherited in 2004).
My grandparents are worth about USD 60 million (real estates) and my dad has two siblings (I'm the only son)
I'm not planning to liquidate it yet anytime soon but if I do it would leave me a liquid cash asset of about USD 1.4-1.5 million (after tax transaction etc).
I didn't know that my grandparents were this "wealthy" due to their humble lifestyle
I know it may not sound much but I recently found a job in Hong Kong that would pay about 75K a year (pre tax) and it's making feel "lazy." (???)
Save your money. Don't do stupid stuff with your money. Be as normal as possible and don't flaunt it.
Two chicks at the same time.
Boi has a connotation that leads me to believe two chicks wouldn't be the guy's idea of a good time...
Why not go into real estate OP? Seems like your family's made some money in RE and probably not in an institutional way. Get a position at a more institutional style shop, learn the skills there and take over your grandparents and parent's assets.
Donate it to me.
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http://www.tonyrobbins.com/events/
I would network and become a well established investor.
Wonder where the rest of my money went.
start a hedge fund
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