Since many months a thought is playing. What if I became a billionaire as rich as Bill Gates or at least as much as the king of Nepal? That would put my net worth from 10 billion dollars to 100 billion dollars with a minimum personal yearly income of say 1% of my assets, that is, 100 million dollars to 1 billion dollars. The remaining 99 % I’d leave as retained profit in my assets.
My yearly expense to fulfill all my desires and savings needed for the rainy days is 10 to 20 thousand dollars as I’ve already have a house & car in fixed asset.
Even if I could physically travel five star , 30 days a year, I’d need just another 100 thousands dollars with all my family.
So to lead the most lavish life even I’d just need a net worth of 10 million dollars at 1%.
My current net worth including upcoming inheritance would be 1 million dollars. If I add my personal brand value , add another 1 million dollars.
All I’d need to be ultimately infinitely rich is another 8 million.
All that this asset will give me is the ability to travel 5 star , 30 days a year with all my family. But I don’t want to travel that much : I love my routine too much.
This thought thus prevents me from creating wealth in a rush.
Eventually I know I’m going to be a billionaire, so first I want to know what I’ll do with my money and what I won’t do.