Topic: If you are becoming a billionaire in 2025,buying a large ship should not be goal - page 2. (Read 633 times)

Guy, relax. Even me like dis sef too get the right to tell you not to buy any cruise ship no matter the billions you make from this industry. You know why? Hold on, I will tell you in simple term and that will be over a few bottles of drinkables.

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On a serious note, and in practical reality, I want OP to realize that they can't tell anyone how they spend their money; especially when they aren't dependent on them to make the money. Though there's a place to get someone to advise one on what and what to invest one's money. That should be sought for and not made mandatory. People believe that since they're the ones making the money, they should also be the ones deciding how they will spend it.

Sadly, there's that propensity of lavish spending among new money. Investing is, most often, the last thing that comes to them until the cash is severely depleted. We see this among those who hit casino jackpots or footballers that they easily go broke within a few years after their boom.

The goal of a billionaire or at least most of them is not to help the whole planet become a better place. If that was their goal they would've done so a long time ago. Their goal remains to be able to procure more money, and control most of the assets in the planet and perhaps become even more powerful than any other government or country on the planet. That was their aspiration since there's no other greater reason out there that I can think of when people wish to get more money than they know what to do with.

It would've been real nice if we have real Philantrophists for billionaires but we know that's not gonna happen in a rat's lifetime, so while this topic is great, I deem it irrelevant and wishful thinking.

This happens because people have a mistaken understanding of the economy, they think that if a person has more than them then this means everyone else has to make do with less in order to allow such a rich person, what they forget is that those people are the ones that generate the most wealth and the most jobs as well, so even if you could redistribute their wealth forcibly, something we have seen in some dictatorial countries on the past, the rest of the population will gain a small boost over the short term, but then no one will want to invest in that country or create a small business, leading to the downfall of that government and its people.

Well, every person has their own different goals, desires, wants, and needs. There's a saying that "hard times made strong men and wealthy men, but easy times made lazy people who could not manage the opportunity they were given and, as such, became poor." So, what I am saying in essence is that even most of those individuals that will turn billionaires in 2025, like you have said, might not have the goal of buying a ship, but their major goals are to keep excelling and making more of that money, so what most people are going to do is even key into some big projects that can earn them more money. There's a saying that the wealthier you grow, the more your problems grow too, and for someone who has become a billionaire, they surely will still have some big project in their head that they want to explore. Philanthropists don't give all their money to the public or the poor; they still extinguish their money wisely for things or people that they believe can add value to society in the future. Another thing you must know is that not every billionaire is the same. "Billionaire" is just a financial position that one can archive, but it's not something that changes the real person. Some people would want to be safe for their generation to come and not spend the money consistently on others.

So let say my investment all turn out the way I wanted and I become a billionaire, you don't have the right to tell me how to spend my money. If I want to buy islands, large cruise ships and other luxury items, I'll do that. Money is meant to be spent but obviously I won't spend all without thinking about my tomorrow and also carrying out some charity in the best way I can. Everything can be done, you can enjoy yourself and also assist the world but instead of providing for people needs by giving them fish, you can teach them how to fish. Taking care of a guys meal will be a one time thing but teaching him how to get his own meal will be forever ability if he uses the opportunity wisely. The world is a short place as we won't stay here forever so we should enjoy our stay on earth. Gift yourself a good ife while you're here and also assist others in the best way possible. Don't take it upon yourself to help everybody because you can't do that. Help those that you can help and they'll help those they can help and the cycle continues.

I encourage helping others but we shouldn't deprived ourselves happiness because we want others to be happy, the Bible says " we should love our neighbors the way we love ourselves" which translate to making ourselves happy because only when we're happy can we make others around us happy. You can buy a ship and employ workers on the ship which you have provided job opportunity for those employees. Having a ship is just couple of millions and you will still have thousands of millions left to spend on charity. I'm not encouraging future billionaires to get themselves ships but if that's what will make you have a happy life, do it so you pass on your happiness to others. We shouldn't make the world about others only, you made money to have the life you wanted so enjoy that life while you have a good heart towards others.

I guess it is boring to have just a lot of money and invest more, why not get yourself a cruise? I agree a ship is a liability and shouldn't be the goal for everyone who is a millionaire or a billionaire but think where they are coming from. It might not be their goal but a dream of them so they invested, save the money and buy a ship. Also a huge vehicle like a ship is a statement, more of their mindset so they became a billionaire. A ship may be a liability but it can be also as source of huge income if they let people ride on it for experience and rental.

If they could, they would. Scholars are making the society more smart and progressive, this is the reason why billionaires spend their money having free schools for those aspirant. It is their way of giving to the society. It is better to do this than just to spend money making everyone feed in a day.

I don't know where this mindset of villainizing rich people came from but it should really stop. Just because they have the means to provide for those inneed doesn't mean they are required to. At the end of the day it's their money and we don't have a say as to how and where they'll spend it on. Moreover, who's to say that they're not helping out in their own way? Do they have to broadcast their every move? Does their act of helping and donating money be more in numbers and volumes just because they have more money than middle class people?

Just because someone's a billionaire doesn't mean they're a bad person, society just gave them this "responsibility" to provide for the less fortunate ones even though we really shouldn't have a say regarding this.

People who become billionaires have different thinking and approaches. They have more of an investment mindset. They are always looking to invest in assets, not liabilities, and buying a ship is a liability; you have to spend money on buying as well as on maintenance. They will not buy an expensive ship just because they are billionaires. Why waste money on buying a ship when you can just get them on rent, enjoy your time and pay the rental price?
Most of these free school and charity projects were started by these billionaires because they wanted a soft and humanity-friendly image in society.

if you give people free food and hospitals run by robots then you are not employing people to earn their own living to then afford to buy their own stuff

the problem with charity on impoverished places is that it keeps them impoverished

imagine it this way. imagine a flash flood wipes out a city, but instead of banding together a group of residents with building skills to build houses some rich guy just drives in some FEMA trucks hauling tents and food.. then turns the land to a FEMA camp zone

the answer is not to do charity of just handouts. but to become an employer hiring the locals and putting them to work to rebuild and grow their community

dont hand a man a fish, teach him how to fish

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its been a known fact for decades. in africa many small farming villages had their land taken from them by big-agri and the locals were displaced. jobless and left with nothing. then charities came in with bags of rice to keep people dependant on charity. and those ex-farmers were unable to find land to grow their own rice because the rice was being handed out free..

the best solution is to offer people jobs, and work their way back to prosperity
many of these charities are HQ'd in UK/US and are willing to pay their CEO's $1m a year and spend over a few $thousand on flights and accomodation for their UK/US employees to fly to africa to manage projects. but they dont want to set up salaries for the locals in crisis to work for these charities

imagine having a factory in the UK that makes the plumbing and wells for fresh water access, transport it to africa via a UK team and then have a UK engineer install it, getting paid a high wage in comparison to africans and all their travel and accomodation costs included..  but instead you create a factory in africa to make all the wells and employ africans to be trained and install the wells for their neighbouring villages

Yes, even if those billionaires spend their money, they couldn't fix the world issues like food shortage and others, that's how it is. Maybe they have some philanthropy like Bill and Melinda Gates, but it's not enough.

I understand what the OP wants to accomplished here, but then again, it's not going to be solved in just a decaded or even centuries, it will take hundreds and hundreds of years to see the world eradicating food problems and others.

 Pretty much part of why they don't care.

other reasons are feeding the poor makes more poor as they get healthy enough to have more kids.

  If you look at the current world setup up the ten richest in the world could not fix the issues if they spent 90% of their money to fix it.

Let me tell you one thing that you should know, there will never be equal resources and equal wealth for everyone in the world, there will always be different financial classes in which people will be categorized because the world isn't fair for everyone, there are different faiths for different people, and that's why, we shouldn't dream of seeing a world where everyone will have wealth and everyone will have the same resources available for them.

You also can't dictate the billionaires to start doing good deeds just because they have a lot of money, they have that money because they have worked for it, and they will do their fair share of deeds that they think they should and we can't really go around and teach humanity to billionaires and tell them how they can help make the world a better place, they basically don't care about all this shit.

We cherish light because of dark, there are rich because of poor, there are heat and cold. This is the reality of this world. All this moral speeches, they only look good as words. But only few will actually make it into real work. The billionaires are more focused on making money then focusing on the problem in the world. You can say all that you want, but if it's not you, then no one will listen to you. If you are a billionaire, and you are doing those things, then people will come together to copy you. But if you are not doing that and just telling other people as an advice, then no one will listen to you. And this is the harsh reality.

I am not saying that people should suffer and stay poor like this. But we value the rich only because poor people exist. And it will remain like this till the end. No matter how much you try to make everyone equal, there will always be people trying to get ahead of you. And if everyone is equal, then the world will fall apart. Imagine everyone being rich, and in that scenario no one will work for you or do anything for anyone. Then you will have to do everything on your own. Because everyone has the money, so why should they work for you?

It is necessary to have both light and dark in order to keep the world in balance. I'm not a heartless jerk, but I'm just telling the truth of this reality.

I don’t think today’s generation is that much understanding. They want money to be thrown away for big parties and booz and even after that their bank balances are not getting moved an inch. This makes it act of non humanly but who cares these days.

Rather than them middle class person would know the pain of hunger and they will go and donate the money. Though OP you have good thoughts I hardly think billionaire cares if it’s out of their good thinking league.

If we want to help the poor, we can do it whenever possible, we don't need to become rich to help others. If we don't have much money, let's help them a little, that's also called helping. Don't say we will help the poor when we become billionaires, that's just a lie, and I bet whoever said this: when they become rich, they won't help the poor either.

If I become rich, I will enjoy my life because it is my constant effort and I have the right to enjoy my results. I will not arbitrarily help anyone without a good reason, if they are poor because they are lazy or addicted to gambling...then I have no reason to help them.

Honestly, I don't believe OP would do what he says even if he were rich.

 It is true money can change one’s mindset from thinking primitively, some people go through extreme struggle to become successful. All these factors will definitely build one’s character either positively or negatively depend on the nature of the person. Not all rich people have the generous heart of giving back to the community, you can’t blame them or feel any entitlement to their wealth. Giving back to the community is by choice on the individual, but same way we should know that a small act of kindness can brighten someone’s day. You don’t have to be extremely rich to be kind to people, you can always be kind in any little way possible, always show love when you can.
 Even when we have some good hearts billionaires out there putting their resources for the betterment of the people or world at large,  we still have some who use their money and power to oppress and destroy the good things of the world. The war and some crime we have going on in the world are funded by some billionaires, but people can always do better, and be more generous and kind towards other people. It doesn’t take a dime to be good, rather it attracts favor and more fortunate. Personally if I have the power to eradicate poverty with the snap of my finger, I will without any hesitation cause It is my nature to be kind to the less privileged.

This has been in the history for so many years and it was never be achieved by the Government of any country or Globally then.
200 years ago you can't tell me there were people who are not poor or Rich? Yes there is, even as that they also tried all they could do to make sure everyone live a comfortable life but yet didn't still achieved it due to Human nature on Earth. Then the poor keeps getting poorer while the Rich keeps getting Richer and their dream wasn't accomplished to make everyone live a good life.. Down to this modern age there are some people who are extremely rich not because they worked for it but it's in their generational lineage and has become a history that whatever thing they do they keeps prospering continually.

There are some people who break out of their own struggle to make life more better for them and their families, this doesn't limit them not to work hard or even developing themselves in all areas of life just to change their situation, that is why most of the rich men who are self made today are always trying to preserved their wealth for their upcoming generations so that they won't be into lack or wants, knowing too well how the world is gradually drifting from how its to another dimension which there could be lack of job, employment opportunities. And secondly AI taking over the Globe meaning there would be less employment opportunities after allowing AI to take place of human position.

That is why you see people accumulating and preserving wealth for their children, have you also thought of lands, by 20 to 40 years time to come there could be less space of empty land where your children could build their home, this also stirring up a serious concern to those who aren't building yet or who are yet to purchase a land due to how inflation is raving over the globe. So the rich could decide to build an estate and preserve it for their generation to inherits knowing too well that by then there could be scarcity of a empty of lands, maybe by then people maybe starts buying buildings instead of buying an empty lands.

The whole matter is that, as a man always try to be independent work hard and gain more knowledge and skill, because even the rich needs your skills to work for them by so doing you make money from them to sustain your family and to also eradicate poverty from your home and lineage. We don't have to entirely depends on what our country's could do for us rather we should think of what we can offer to our nation to become a better place for us to live. So whatever you do always think of investment these includes investing in bitcoin, landed property and buildings (having an estate) position you to remain flowing in wealth.

You are thinking that Bitcoin will take you to a great position in 2025 based on past assumptions, but in reality, your goal by 2025 may not be achieved, it will be after 2033have to think.People have great hopes and desires based on their wealth. Many aspires to be a ship or a big rocket or a plane or a big house etc. But if one owns big soul wealth Then he will fear accordingly for me, your goals are different from other countries You are free to give your wish so of course you buy a ship so different people may have different wishes according to the situation.Wealth has to be earned through hard work and can be traced back to ancestors, so there are many ways to own more wealth.I don't believe in the principle of equal wealth for all people I believe there should be equal rights whether it is in food or in travel or in rights or in equal status in these areas If everyone's wealth should be equal, chaos will be created and the society will go through extreme degradation. No one will obey anyone.No declaration will ever end poverty, it will continue as it dictates because today's big man is tomorrow's fakir.Now is not the time to spread robotics hospitals around the world. I think this is a post 2050 thinking but if we can all own a lot of resources then surely this morning will be successful.Your suggestions are very nice, but everyone has their right to try to help or achieve their goals in the light of their own thoughts. Thanks for your thoughts but in the current situation Managing your activity is very difficult.Lastly, being a Billionaire on a forum is harder than you think.

While we may not know what the future holds, it's important to avoid making predictions with unwarranted certainty, especially when we haven't experienced those events firsthand. This discussion suggests that as a nation ages, its governance tends to deteriorate, leading to an increase in poverty.

The rising poverty levels should prompt immediate action from the government and large institutions to improve the situation and prevent it from worsening. Poverty is typically measured as a percentage, and annual evaluations are crucial. Who would want their citizens to suffer from extreme poverty? Apart from hindering economic growth, high poverty rates also lead to an increase in criminal activity, something I believe no civilian would wish for.

So, acquiring a large ship isn't an issue if you have a passive income to support it.

Can you practice what you preach? While growing up in the hood I've seen many people who were raised from poor backgrounds into big rich men, they all have the hope of helping the poor when they have no money and after they had it all they changed totally, I am not one of those people who ridicules the rich, been poor can blind you into thinking that the rich are devil or bad people, they are not.

A rich man won't tell you how many people he has helped, they are into contribution for motherless babies homes and charities, no one, especially the poor knows much about this, and yet they will still run their mouth.

I want to become a billionaire, and yes by 2025, but can I become a billionaire and no one will benefit from me? It's impossible, even while you are poor, some people are still asking from you and you are still helping them, even evil men have their good days, automatically everyone is somehow and someway helping others.

If I become a Billionaire, I will be able to help more people than when I wasn't a Billionaire, but it's not a crime to become a Billionaire, this makes me see poor people as the main threat to the rich and honestly, it's true, this is why some rich people stays away from those who aren't rich, because automatically they are a threat to you, I know many won't accept this as a fact, when you get rich, help people from afar, my uncle used to say this.