Billionaire

“The billionaires will be scapegoated and the trillionaires will be, I mean, even worse. And because that will allow the catharsis that will allow society to reset and realize, wait a minute.”

“Like, if a billionaire truly wants legacy, don't, you know, collect climate credits. Make a village where everyone can be fed, where there's enough place to grow your own crops, and to irrigate the land. Be in this thing with nature, and that is actually true …”

“Now I'm all for today's billionaires doing more to support art, music, libraries, whatever we all might come up with, but I don't think it's going to make them loved.”

“And that now I think the billionaire class has become subservient to the posting class.”

“Oh, the only way you could make a billion dollars is if you're a thief, which is completely absurd. You know, you just look at the people, and almost none of them are thieves. Like, they, you can't steal a billion dollars as a real truth”

“This is going to impact the middle class way more than it's going to affect mobile billionaires.”

“Well, obviously there's knowledge, but I think even bigger than the knowledge is the relationships. So they have a network, they have relationships, they can re-leverage those and grow really fast.”

“You're more likely to be a billionaire than you are to be someone who lives to be a 110 or above of which there's like 800 or 1000 or something like that.”

“But I don't hate billionaires. I don't make them the problem.”

“I personally have found that billionaires are generally very high character people because the key to being really successful is to create allies along the way such that you're put in a room of opportunities when you're not physically there.”

“Art and wine. Art is I'm trying to buy culture. I've been a boring douchebag my whole life. So all of a sudden I'm going to start overspending on art and it makes me interesting. No, it doesn't. You're still the same douchebag.”

“But people have done the math, like, even if you tax the billionaires, even if you took all the billionaires' money, it doesn't, like, plug the hole of the California spending.”

“I mean, that's why billionaire isn't the right word to use to describe this universe anymore. Right. Cause there's also a lot of hundred billionaires, which a hundred billion is extremely larger than a billion.”

“In the state of California, these billionaires, there's 200 of them. The total net worth of billionaires in the state of California is two trillion dollars.”

“I think the richer you are, the faster you move on average. And the one thing I've always found with knowing as many billionaires as we've gotten to know over the years is like, they're just faster than anybody imagines. I think a lot of times people think the…”

“Billionaires text more than thirteen-year-old girls. They just do for two reasons. First reason is it saves time. And they know that if you try to get them on the phone, what are you gonna do? You're just gonna try to convince them. And if you can't convince t…”

“I would say when I look at my friends who are billionaires, money does more to damage EQ than improve it.”

“So we have the third largest number of billionaires, even though in per capita terms, we are at one 40th place.”

“And, you know, I know some of these billionaires a little bit, and some of them are not miserable, but the majority are miserable.”

“Rich people multiply, but billionaires subtract, and it's all about taking things all the way down to only focusing on the one or two or three things that are the most important and driving the most productivity and the most money.”

“If you had fifteen billion in AUM, which, you know, God bless, I hope you do someday you're gonna become a billionaire off that fund. Off those funds, right? And that's the difference, right? Is, is you need that capital as a true early-stage venture capital f…”

“You look at all those people, all those billionaires working their heads off, and they're clearly not doing this because they need more money. They're trying to get more money, and they're trying to get more money because that will be an indication that they'r…”

“And the key to being a billionaire is establishing allies along the way. And that is people put them in a room of opportunity, even when they're not in that room, because they're really high character, good people.”

“So it's not like if you get billionaires they want to stay with the other billionaires or stay exclusive. I think they actually like using a product like X to stay connected to the normal people.”

“So of that list, there's zero billionaire traders. And of the 3000 billionaires, they're split between stock investors, real estate investors, and entrepreneurs.”

“I know people who have made hundreds of millions of dollars, where sad they're not a billionaire.”

“The thing about the accessibility of all these things is being a billionaire doesn't make the iPhone more enjoyable. Somehow, like, there's not even really apps that you can get, right?”

“If you're a billionaire in our country, If you just put out, like, standard kind of moderate left Democratic stuff that goes along with that party, then you're like, you're totally fine, and everyone's going to like you, and everyone's going to not attack you.”

“If you go and look at the top billionaires, most of them did not become billionaires until far later in age. Most millionaires didn't hit it until their forties.”

“Pretty much almost every billionaire has been built through private equity, which is through their private company.”

“And even a year ago, the conversation was all about the election and Biden's age at those types of things, and a bunch of billionaires being really pissed, and being like, how can you run Biden”

“Of the, let's say, 20 billionaires I've met, I think probably about half of them have gone through bankruptcy and almost been broke many, many times.”

“I've seen the people who make the real amounts of money, the people who become the moguls, they have an incredibly strong sense of what they are owed by society and by the system or by other people that I don't have. And I think it's almost a brain defect. If …”

“We are one sixth of the world's population. One sixth of the world's billionaires should live in India.”

“Genuinely wealthy people, like we're talking billionaires, they don't sell their assets. They hold them forever, forever. And so when you look at Bitcoin, you look at any other crypto, you look at real estate holdings, you look at holding companies with other,…”

“These billionaires, they all took 20 years. I was looking at all of the ones I've interviewed and the ones I've worked for. It's about 20 years you ever take on average for them to make a bill.”

“Talk to any billionaire, the first words out of anyone's mouth will be like, I didn't come from anything. Whether or not that's true, right? They'll be like, ah, I came from nothing, right? That's at the beginning. Of every story on the self-made thing.”

“The reason for that is you know, I introduce a certain contact to my friend and my friend want to pay back. So this is why my friend introduced me to that billionaire, like if you want to call them billionaire.”

“Seneca was counselor to an emperor, but he was also the greatest playwright of his time. He was also the first century AD equivalent of a billionaire, and he was a stoic.”

“Right now in America, the black adult population is just over 13%. The black participation in corporate America is eight percent. In leadership roles, it goes to 3.2%. There are 615 billionaires in the country, only six of them are Black.”

“You want to take money from the greatest wealth allocators or capital allocators and give it to the people who are notoriously the worst capital allocators in the world. That sounds like wealth destruction to me, right?”

“He interviews a lot of billionaires, and the billionaires are absolutely giving horrendously bad advice.”

“People learn so much more from folks that are where you are. It's one thing for me to get a billion. I have billionaires on here all the time. They tell their stories. The problem is they don't remember what they were doing when they were just starting out.”