Where do rich guys put their money?

Question

i noe the banks insure up to 100000 dollas per acoount. so where do the rich ppl like bill gates with billions store their money???

Answer 1

off shore one way

Answer 2

They invest it. As to where, well, that's up to the individual.

If you are interested in making your money grow (probably with the goal of becoming rich right?) you need to start learning about money and finance. I ahve reviewed a number of good books on my website.

Here are a few you should read:

The Millionaire Next Door by Stanley and Danko

The Wealthy Barber by Dave Chilton

The Automatic Millionaire by David Bach

You can find the reviews here http://btgnow.net/pages/reviews.html

Good luck!

Answer 3

THEY STORE THEIR MONEY IN PRIVATE BANKING INSTITUTIONS. THESE ARE BANKS THAT HANDLE THE FINANCES  OF HIGH NET WORK INDIVIDUALS.

http://en.wikipedia.org/wiki/Private_ban...

MOST PEOPLE PUT THERE MONEY IN WHAT WE CALL RETAIL BANKS.

http://en.wikipedia.org/wiki/Retail_bank...