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Author Topic: Are we the next generation to recieve the wealth transfer?  (Read 916 times)
cuddaloreappu
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September 24, 2014, 08:28:13 AM
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The number of billionaires is likely to increase to 3,800 by 2020 when wealth is transferred to the next generation.

From the RT article

http://rt.com/business/190100-billionaires-hoarding-millions-cash/
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zetaray
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September 24, 2014, 08:47:56 AM
 #2

Not me, I probably will never a millionaire, let alone a billionaire. I know why now, cos I don't fit the profile

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On average it takes 45 years to become one, argues the study. Eighty-one percent are self-made, and 35 percent have no university degree.

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cuddaloreappu
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September 24, 2014, 09:11:48 AM
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say if btc goes for 10 million a coin.. and you have 100 btc..

booom you are a billionaire... wealth transfer powered by btc
LFC_Bitcoin
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September 24, 2014, 09:40:11 AM
 #4

I have 10 BTC so unless the price goes through the roof I will never be a millionaire let alone a billionaire.

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September 24, 2014, 09:52:49 AM
 #5

you dont need to be billionaire. you would get just to much troubles. millionaire is fine. i am sure are lots here on this forum. 10 milions is just perfect. I dont see unless you are gambler you can ever spend that. But with some normal life, you cant spend 1 million either.
cuddaloreappu
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September 24, 2014, 09:53:23 AM
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I thought it meant transfer from parents to sons, I dont see billionaires making other ppl billionaires do you?

 those many dot com billionaires..
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September 24, 2014, 09:57:27 AM
 #7

I bet there are some pretty rich people here.
If you invested £10,000 in BTC in about 2011 you would be a millionaire now.

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September 24, 2014, 10:07:11 AM
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you dont need to be billionaire. you would get just to much troubles. millionaire is fine. i am sure are lots here on this forum. 10 milions is just perfect. I dont see unless you are gambler you can ever spend that. But with some normal life, you cant spend 1 million either.

one million dollars buys you a nice house and sends your kids to college but trust me you can easily spend it. 

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