1) Promoting a Company & Taking it to public
2) Investments
yes, this is true.
what exactly they do is they promote a company of anything.
Anything means literally anything. means Food, energy, infrastructure, entertainment, metals, automobiles....and more and more and more......
they just do anything by promoting a company.
What it means by "Promoting a Company"?
Well... promoting a company means incorporation of a new company.
Foundation of a new company is known as promotion of company.
And Founder members of the company are known as promoters.
So in simple language, promotion means to promote....
promotion of company means establishing a new company.....
So you will think that, what exactly these ultra-rich people do after promoting a Company?....
well,... they first promote a company and after that they higher the outstanding management team for their company to run the business and day to day operations.
And once the business starts running properly, they take this company to the public...means roughly after 5-7 years of promoting a company....
So by taking a Company Public they sell anywhere between 10 to 50 % of the company ownership (Stocks) to the public.
they keep Minimum 50% Stake (Ownership) in the company so that the company is being under control by them.
So by taking a company to public their own stake value in their own company becomes worth of billions and so their Net Worth increases Exponentially....
After that they promote another company of anything and again do the same process again and again......
Second thing in which they are engaged is Investments.
They just spend their whole time in acquiring the Assets.
Asset is anything which is likely to appreciate in the future......
They just acquire Realestate, stocks, gold, bonds, Art, Copyright, Intellectual properties (Mindwork), blogs, or anything thats an Asset......
So Moral of this article is that, if you want to be ultra-rich like these people than you exactly follow them and do the same things they do......
