|
If you are worth $2.2-billion, it's quite conceivable that you would have $1.5-billion or more in cashflow producing investments (aka the stuff that's not real estate, not a yacht, not a plane, not cars, etc).
A boring investment portfolio, broadly diversified, blue chip holdings would likely produce a minimum of $150million per year in cashflow. So spending $50-million in annual costs to run your yacht, plane, and houses still means your net worth is increasing each year. It's a big splurge, but very easily sustainable based on those figures.
-Mark
__________________
I'm old now - boring street cars and sweet race cars.
|