Where do most billionaires keep their money?


Where do most billionaires keep their money?

Where Do Billionaires Keep Their Money?
  • Cash and Cash Equivalents. Cash and cash equivalents are common places where billionaires keep of some their money. ...
  • Commodities. ...
  • Foreign Currencies. ...
  • Securities. ...
  • Private Equity and Hedge Funds. ...
  • Real Estate. ...
  • Collectibles. ...
  • Cryptocurrencies.


What 10 things millionaires do not spend money on?

The 10 things that millionaires typically avoid spending their money on include credit card debt, lottery tickets, expensive cars, impulse purchases, late fees, designer clothes, groceries and household items, luxury housing, entertainment and leisure, and low-interest savings accounts.


Who is classed as rich in UK?

When describing his idea of a “fair taxation system” to BBC Radio 4, McDonnell said it would see “the corporations and the rich pay their way more.” He then more specifically defined “the rich” with a figure: “The rich will be above £70,000 to £80,000 a year — and that's roughly defined as what people feel is an ...