The wealthiest 5% own 75% of the world’s wealth. This is a well-known statistic. In today’s environment, as more and more people struggle to make ends meet, the fascination with extreme wealth takes on even greater importance.
Crisis after crisis, the poor are getting poorer and the rich are getting richer… Indeed, between March 2020 and April 2021, French billionaires saw their financial wealth increase by nearly 40%, according to Oxfam.
Elon Musk, Bernard Arnauld, Jeff Bezos, or even Bill Gates are at the head of the biggest fortunes in the world. The first in the running, CEO of Tesla or the space agency SpaceX, would be the lucky holder of a fortune amounting to 271.7 billion dollars.
“Save 1/3 of your income, spend 1/3 and give 1/3,” Angelina Jolie tells us. Indeed, charitable donations or the creation of charitable foundations would be almost a ritual among the richest of this world. Apart from the fact that it would certainly seem a shame not to “do good” around you when you have access to such dizzying sums, it also seems important to underline the fact that these donations can also hide an advantageous tax strategy for above a certain level of wealth.
Indeed, donations are largely tax-exempt in most countries, and can even be tax deductible in some cases. Millionaires and billionaires kill two birds with one stone: an unparalleled communication coup, coupled with a golden reason (literally) to pay less tax!
Still, the possibility of earning more money is enticing for everyone. So here are 9 tips from millionaires that are supposed to get you on their way, reported by 92k Views and GQ!