$50M is a lot. Unless you assume the person is working 40 years with $10k/month invested at 7% return - you're not even cracking $25M. And 40 years would mean you've been investing $10k/month since the early 1980s at this point. So, yeah, of course almost no one was freaking doing that back then.
Very few people are investing that much and very few are interested in working for that long when they do have that much.
Most people here with $10M+ in NW didn't get it through hardwork over 40 years - they got it through an IPO or some big lawsuit or whatever.
Very few people are investing that much and very few are interested in working for that long when they do have that much.
Most people here with $10M+ in NW didn't get it through hardwork over 40 years - they got it through an IPO or some big lawsuit or whatever.