To be transparent and clear, you probably don’t understand the effort it takes to make millions. After making money in such magnitude you’ll have to be sceptical about anyone asking you for some. Because almost all millionaires and billionaires have been scammed more than once before and still have scammers lurking around them every corner. They have invested in people’s dreams which seemed bright and had clear objectives but failed many not just once. After such life experiences you’ll sure only subscribe to ventures or people with guaranteed results.
Talking financially, giving someone some money means lending them cash. Maybe not bills but liquid forms of money: bonds, stocks, a check; whatever. Millionaires and billionaires have majority of their money tied up to financial assets like real estate, investments, businesses. All these aimed at making their money work for them with profits on their initial investments. Therefore, its really difficult to transfer your equity (capital) just like that. The worth of this category of people is in their financial assets. Mark Zuckerberg net worth is $64 billion. It doesn’t mean he has $64 billion in his account. Maybe he just has a million dollars in his personal account. So they can’t just go to the bank and request some of their billions. Like Mark Zuckerberg can’t just go to the bank and demand a withdrawal of $500 million. These withdrawals take weeks or months to carry out. It involves liquidating your assets to cumulate the amount required. It would affect their whole market. To acquire such amounts, for some that have assets in real estate or investment accounts, it’ll involve sales of shares, payment Hope you get me?
So a rich man doesn’t actually have millions just seating idle in an account somewhere. They have emergency accounts more like welfare accounts for family and basic stuff; or just emergency situations. Vast majority of the rich had to apply saving schemes frugally and invested these moneys accumulated.

Kelnardo:
Mark Zuckerberg net worth is $64 billion. It doesn’t mean he has $64 billion in his account. Maybe he just has a million dollars in his personal account. So they can’t just go to the bank and request some of their billions. Like Mark Zuckerberg can’t just go to the bank and demand a withdrawal of $500 million. These withdrawals take weeks or months to carry out. It involves liquidating your assets to cumulate the amount required. It would affect their whole market. To acquire such amounts, for some that have assets in real estate or investment accounts, it’ll involve sales of shares, payment

Thanks for sharing

If more people understood core concepts like assets, value, capital, the world will be a better place

Thanks again

if you give them money they will say you want to use them for blood money or soul exchange.

You're welcome

alignacademy:


Thanks for sharing

If more people understood core concepts like assets, value, capital, the world will be a better place

Thanks again

Dreamkiller:
if you give them money they will say you want to use them for blood money or soul exchange.

So true, they've got to understand the concept

I've got a blog post detailed on this. You can check it out at Zivry Blog.
http://zivry..com/2018/07/why-rich-people-wont-just-give-you-money.html?m=1