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RULES FOR THE RICH & THOSE WHO WANT TO BE WEALTHY
The Morning Standard
|November 18, 2024
PV SUBRAMANYAM writes at www.subramoney.com and has authored the best seller 'Retire Rich - Invest ₹40 a day'
ORGAN Housel, a venture capitalist and a great author, keeps saying 'Getting Rich is easy, staying rich is tough'. I had to speak to a bunch of successful business people (including professionals like doctors and advocates) and I told them the following:
• The worst thing a rich man can (should) do is to get divorced. It is the most expensive thing you can ever buy. It destroys the family and your balance sheet too.
• Bringing up children in this environment is art, science and luck! This has nothing to do with money, but everything to do with money values. What values you have and what you are able to give to your children is a huge, huge challenge!
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