Sam and Derek do a one on one episode to discuss how your spending habits change at various high wealth levels. The guys break down real cash flow, income growth and spending habits for income brackets from $10-30 Million, $30-100 Million, $100M-1 Billion & $1 Billion + net worth. Sam belongs to one of these brackets already and is able to share his personal experiences on this while for Derek this is more of an aspirational episode as he hopes to be in these brackets soon.
Where we are:
- Johnny FD – Ukraine / IG @johnnyfdj
- Sam Marks – Barcelona / IG @imsammarks
- Derek Spartz – Los Angeles / IG @DerekRadio
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.
- ILAB 130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson – Invest Like a Boss
Like these investments? Try them with these special ILAB links:
- Wealthfront Robo-Advisory – Get your first $5,000 managed free
- Wealthfront Cash Savings - Get .50% APY Boost on your savings!
- Cult Wines - get 1 month fee-waiver free each year (8% reduction)
- Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny, Derek, and/or Sam use personally invest through the above services.
- 05:45 – What does it look like to be in the $10-30 Million income bracket?
- 12:40 – What does it look like to be in the $30-100 Million income bracket?
- 23:00 – What does it look like to be in the $100 Million -1 Billion income bracket?
- 35:40 – How would your life change if you had $100 MIllion?
- 53:00 – Bonus content with patreon answers to if they had $100 Million
If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
Copyright 2022. All rights reserved. Read our disclaimer here.