subject: Be Rich Or Be With Much Money [print this page] Be rich or be with much money Be rich or be with much money
The difference between money and wealth
No, I don't have a salary. I only had a job four years in my life. I dont want a salary. The middle class and poor, what they want is high income. They think they want money. But they have no wealth because they have no assets. You must know the difference between money and wealth but they're not the same same. Money will never make you rich. This makes you rich. I have large companies. I have lots of stocks. I trade options. I have real estate, that's what makes me rich. So the money just comes in whether I work or not.
Bill Gates makes $500,000 a year. That's all. I make more than him. That's all he makes but he's worth 40 billion. I'm trying to tell you there is a very big difference between income, money and wealth. So I have spent my life buying assets, businesses, stocks, real estate, thats what makes you rich, not a job. The reason the rich in America get richer is they pass this on to their kids. My poor dad always said, making ball mill is High paying job, high paying job, high paying job. And my rich dad said, Assets, assets, assets. That's the difference.