If you take a peek at Forbes' list of 100 billionaires, you'll notice that one category stands out for creating more billionaires than others. Can you guess what it is?
The category that produces the most billionaires is "Private Equity Investors."
So, how do these private equity investors amass such colossal wealth?
They do it by making off-market deals. Consider Elon Musk buying Twitter as an example. While Twitter was a publicly traded company, Musk acquired all Twitter shares to make it a private company.
When democratization and commoditization occur, everyone gains access, and prices come down.
Take real estate, for instance. Real estate creates numerous millionaires, but billionaires are rare in this category. Why? It's because of price compression. Real estate is accessible to many, and as more people invest, it becomes harder to achieve substantial wealth from it.
The category that produces the most billionaires is "Private Equity Investors."
So, how do these private equity investors amass such colossal wealth?
They do it by making off-market deals. Consider Elon Musk buying Twitter as an example. While Twitter was a publicly traded company, Musk acquired all Twitter shares to make it a private company.
When democratization and commoditization occur, everyone gains access, and prices come down.
Take real estate, for instance. Real estate creates numerous millionaires, but billionaires are rare in this category. Why? It's because of price compression. Real estate is accessible to many, and as more people invest, it becomes harder to achieve substantial wealth from it.