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Author Topic: Where do billionaires keep their money?  (Read 2607 times)
Bitcoin Magazine
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April 30, 2014, 09:56:31 PM
 #61

i'm on the bitcoinrichlist (#289)

i am here.
Malin Keshar
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April 30, 2014, 10:31:25 PM
 #62

Properties, industries, fiscal paradyses, investiments of all sorts, and som millions in liquid cash in case of need.
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April 30, 2014, 11:06:15 PM
 #63

I'd say hidden on the obscenely large estates and mansions.  Bonds and land seem like other probable and possible options to consider.   
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May 01, 2014, 02:52:46 AM
 #64

A lot of the super-rich do invest in expensive antiques and paintings. An example is here:

http://newyork.cbslocal.com/2013/11/12/francis-bacon-paintings-sell-for-record-142-million-at-christies-auction/
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May 01, 2014, 05:42:10 AM
 #65

A lot of the super-rich do invest in expensive antiques and paintings. An example is here:

http://newyork.cbslocal.com/2013/11/12/francis-bacon-paintings-sell-for-record-142-million-at-christies-auction/

True usually art keeps its value if the collected art is famous enough and it can be used to show status
Like I got 100 plasma TV's behind water proof shielding and a sub woofer in my pool so that when I swim I can still watch television
Oh really I got 1 plasma TV and a Da Vinci from Macys
Oh Touche

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May 01, 2014, 06:36:30 AM
 #66

A lot of the super-rich do invest in expensive antiques and paintings. An example is here:

http://newyork.cbslocal.com/2013/11/12/francis-bacon-paintings-sell-for-record-142-million-at-christies-auction/
Well they gotta do something with their money. I would invest in similar things if I were rich too.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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May 01, 2014, 07:08:24 AM
 #67

Well they gotta do something with their money. I would invest in similar things if I were rich too.

Yes. Collecting paintings are much more attractive than all those dull work in trading stocks and bonds. And as far as I know, the ROI is much higher with the former as well.  Grin
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