Where do most millionaires put their money?
Where do most millionaires put their money? Millionaires have many different investment philosophies. These can include investing in real estate, stock, commodities and hedge funds, among other types of financial investments. Generally, many seek to mitigate risk and therefore prefer diversified investment portfolios.
What kind of cars does rich people drive?
The top 10 cars for $250,000-plus households include the Mercedes E-class, the Lexus RX 350 and the BMW 5 series and 3 series. Following those top four were three Hondas, a Toyota, an Acura and a Volkswagen.
What billionaire gives everything away?
Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92. After piling up billions in business, he pledged to donate almost all of his money to causes before he died. He succeeded, and then lived a more modest life.
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.