Is it possible to be a secret billionaire?

3 Answers. It’s possible to be a low-key billionaire, sure. Unknown as in not a public figure, of course. Unknown as in no one including the government has any idea what you’re worth, no.

Do billionaires hide their money?

The U.S. has long condemned secretive offshore tax havens where the rich and powerful hide their money. But a burgeoning American trust industry now shelters the assets of wealthy foreigners by promising even greater secrecy and protection. Using offshore companies to own yachts is common and legal.

Who has the most actual money?

Jeff Bezos, the CEO and founder of the most valuable retail company on the planet and believed to be worth $183 billion, keeps about $9.53 billion in cash (5\% of his net wealth).

Who was the first trillionaire in history?

Of course, it’s Bill Gates, provided his monopolistic heart keeps beating for another 20 years or so.

Will there ever be a trillionaire?

These sums of wealth are of course impressive, but they’re way off from the fabled trillionaire status. This doesn’t mean that there won’t ever be a trillionaire. In fact, financial experts predict that there won’t be just one, but around 11 of them within the next 60 years.

Are there any secret billionaires in the world?

So it’s pretty easy to say “no” while only a few decades ago there were only a dozen or two billionaires in the world and now there are thousands and 1 in 20 U.S. households are millionaires. Thats like asking if there are any secret people 12 feet tall.

Is Jeff Bezos the world’s first trillionaire?

This doesn’t mean that there won’t ever be a trillionaire. In fact, financial experts predict that there won’t be just one, but around 11 of them within the next 60 years. The great financial strides that Bezos has made put him in the lead as the person most likely to become the world’s first trillionaire.

What are the disadvantages of being a millionaire?

Personal safety and security become huge issues. You are a constant target. Lots of people want to kill you, or kidnap you, or manipulate you, or spy on you. A millionaire is simply careful about where they eat, and uses passwords.