I came across the following chart recently on one of my BFF’s sites, Visual Capitalist, and thought to share given its potential implications as a roadmap for mega wealth. The chart looked at how the asset composition of a person changes as net worth increases from $10,000 to a $1 Billion. Now, I use the term roadmap loosely. This chart is presented purely for infotainment.
For purposes of this exercise, net worth has been classed as the assets that a person has remaining (such as savings, stocks, mutual funds, bonds, real estate, vehicles, retirement accounts) after subtracting all liabilities (including student loans, mortgages, credit cards and other forms of debt). Continue reading “A Roadmap for Mega Wealth – As Illustrated by Visual Capitalist”