Many of them buy for control over their own lives and protection rather than prestige. That’s worrying
Value is subjective. Things have no intrinsic value but to the degree that someone desires the
‘Lastly, economics makes the difference between wealth creation and wealth inheritance.’
Aside from the amounts of money involved, the super-rich face the same problems we all do. So what, if anything, can we learn from wealthy families?
Credit’s reputation has taken a knock, following the sub-prime mortgage crisis in the United States and rising levels of indebtedness in South Africa.
