Where do billionaires keep their money?

[bitkanu]

In shady off-shore account on some nice places like Cayman Islands (The ones who don't like paying taxes).
Others just keep it in stocks,larger bank accounts and gold I suppose.

i think Cayman Islands is best for me i want to store some money there and some in bitcoins best option then stocks and shares

[leoragraves666]

They are mostly investing it, they don't keep fiat. They buy diamonds, gold, store them in a safe.

[zolace]

Lots and lots of assets. Not just one $1 million house, but 4 $20 million houses. Not just one $4 million factory, but a chain of stores numbering in the hundreds which are worth $3 million apiece. Not just one $50K car, but a fleet of $50K cars that he uses or loans out to his employees or whatever. Tons of stocks, tons of bonds, tons of investment in money market accounts, tons of real estate investments, the list could go on and on.

[ReBoRn]

They are mostly investing it, they don't keep fiat. They buy diamonds, gold, store them in a safe.

Yes most of them have not in cash they have in stock exchanges also and diamonds and gold are safe for them also

[bryant.coleman]

Yes most of them have not in cash they have in stock exchanges also and diamonds and gold are safe for them also

That is not true. Most of the billionaires maintain liquid cash reserves ranging in a few millions of dollars. I don't know whether they are keeping it in their own accounts, or their company accounts.

[jodybay]

well most of then has already invest their money to all other company to make it grow and have a lot of money

[Lauda]

Yes most of them have not in cash they have in stock exchanges also and diamonds and gold are safe for them also

That is not true. Most of the billionaires maintain liquid cash reserves ranging in a few millions of dollars. I don't know whether they are keeping it in their own accounts, or their company accounts.

I think that it is better for them to keep it in the company accounts.

[pseudonymdude]

They probably won't tell you.

As everyone else said, stocks, commodities, and real estate mainly.

[roslinpl]

I think there are some billionaires that keeps their money on their desktop

Bitcoin-core.

[Reuben]

They probably won't tell you.

Only if you ask nicely.

[jodybay]

They probably won't tell you.

Only if you ask nicely.

even if you ask nicely yeah they wont tell it to you but anyway there are some bunch of boastfull billionaires out there who kept bragging about their whealth

[bryant.coleman]

I think there are some billionaires that keeps their money on their desktop

Bitcoin-core.

With the recent reduction in the exchange rates, I don't think there are any Bitcoin billionaires around here now. At $450 / BTC, to become a billionaire one should possess at least BTC2,222,222. And right now, the biggest holder is having some BTC980,000.

[b!z]

not inside bitcoin wallets, that's for sure.

[Sage]

Anyone who reaches "billionaire" status isn't so stupid as to keep their wealth in debt based paper

They make their money from issuing that paper, then selling it to the masses for REAL assets such as businesses, commodities, or real-estate. 

[roslinpl]

I think there are some billionaires that keeps their money on their desktop

Bitcoin-core.

With the recent reduction in the exchange rates, I don't think there are any Bitcoin billionaires around here now. At $450 / BTC, to become a billionaire one should possess at least BTC2,222,222. And right now, the biggest holder is having some BTC980,000.

perhaps you are right indeed. My bad...

But I must say there is a reason why I can be right

You say - biggest hodler have 980,000 BTC  - 1 wallet
Why you think he is holding all coins at same address?
He can have 10000 of them with 100BTC on each one  Then he is a billionaire and he keeps money @ bitcoin wallet

But indeed this is likely not really possible an, but not impossible

[bryant.coleman]

But I must say there is a reason why I can be right

You say - biggest hodler have 980,000 BTC  - 1 wallet

I got my data from here:

https://bitcointalk.org/index.php?topic=316297.0

[supernem]

I'm sure this is something that can be Googled.

[nthunder]

Hmm, FED?

[Lauda]

perhaps you are right indeed. My bad...

But I must say there is a reason why I can be right

You say - biggest hodler have 980,000 BTC  - 1 wallet
Why you think he is holding all coins at same address?
He can have 10000 of them with 100BTC on each one  Then he is a billionaire and he keeps money @ bitcoin wallet

But indeed this is likely not really possible an, but not impossible

You can analyze the blockchain yourself or look around the forums. The information is at hand. Does it matter if he has 1 address with 1M Bitcoin or 1,000 addresses with 1,000 Bitcoin?
I do however doubt that someone invested so much money.

[DAYAGO]

Probably in different accounts, or maybe they have a vault in their mansions