Challenge: accepted.
They need to rename some of these. “Comfortably wealthy” sounds a whole lot better than “lesser rich”, even though “lesser rich” was supposed to be at a higher level of wealth…
1mm is just poor, not very comfortably so.
Also, what year was this chart based off of? 2012 can be very different from 2018.
No idea. A friend showed it to me.
5 years to 25m or bust.
You mean in 5 years, you’re either going to have $25M or bankrupt?
Right. Bet the farm on Micron!
Really…
Time to start a real business, manch.
Those that you can IPO and become a billionaire.
Some suggested theme: Cryptocurrency, AI anything, autonomous vehicles, immortal drugs, nano robots, cloud anything
I like this idea the best
Well I, for one, am not holding my breath.
I figure I’ll need 25 million to be able to afford those immortal drugs. And that’s not likely.
No need. I heard starvation can prolong lifespan because it burns off carcinogens…
We are too old to start anything. Our role is to allocate capital, either in the private pre-IPO market or the public stock market. Go on angelList or random SV meetups to invest in startups.
You are old? What about your daughters and their boyfriends?