Crime › Re: Fraud: UAE Prosecutor Explains Why Hushppupi, Others Were Arrested by Voy(m): 4:22pm On Jun 18, 2020 |
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Celebrities › Re: UPDATE: Hushpuppi Set To Be Prosecuted For Multiple Fraud In Dubai by Voy(m): 10:24am On Jun 18, 2020 |
Hush’s real names are Ramon Abass
Plus he’s not 38 years old... |
Business › Re: In Which Banks Do Billionaires Store Their Money? by Voy(op): 11:29pm On Jun 17, 2020 |
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Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 10:08pm On Jun 17, 2020 |
Just 1 left |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 9:30pm On Jun 16, 2020 |
Place ur orders |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 9:30pm On Jun 16, 2020*. Modified: 8:24pm On Jun 19, 2020 |
Coolkid11: How much I can pay 80k the numb to call is up on the ad |
Technology Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 9:28pm On Jun 16, 2020 |
Place ur orders |
Business › Re: In Which Banks Do Billionaires Store Their Money? by Voy(op): 4:44pm On Jun 16, 2020 |
XXXXTENTACION: bought some shares with it and i invested some into stocks and bonds. keep it up |
Business › Re: In Which Banks Do Billionaires Store Their Money? by Voy(op): 12:33pm On Jun 16, 2020 |
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Business › In Which Banks Do Billionaires Store Their Money? by Voy(op): 11:56am On Jun 16, 2020 |
You find the answer below.
First of all, your question is probably based on a wrong assumption: Billionaires do not store large amounts of money in banks.
There are two reasons for that:
1. They do not have much cash: Becoming a billionaire does not mean having 1 billion in cash. It means having a net worth of 1 billion or more. In most cases this net worth is based on the valuation of a company they own. So, the money is in the company. But even the company does not really have the money, as the valuation of the company is based on its assets. And only a small portion of these assets are actually “cash money”. 2. The reason they are billionaires is, that they do not store their money in banks, as this is the least profitable thing you can do. The way a bank makes money, is by taking the money you stored there and reinvesting it. So, there are only 2 reasons for having large amounts of money stored in banks. Either you are highly risk-averse or you do not know how to invest your money in a profitable way. Both cases are rather unlikely for a billionaire.
So, in which banks do billionaires store their money?
However, even billionaires have some money in the bank to cover their living costs. These banks probably meet the following criteria:
They are located in a developed country: Billionaires tend to be risk averse and avoid situations where they won’t have access to their money. So, for example, putting their money in the bank of a politically unstable country would not be a good idea.
They offer high interest rates: As a billionaire you are in a good position to make an individual deal with the bank. So, you would probably get a higher interest rate than others. There are two reasons for that: 1. You have more money in the bank. The more money you store in the bank, the more money the bank has to work with. Larger amounts of money give them the chance to close better deals / investments. 2. You might have a network of other potential profitable customers. So, the bank is willing to serve you in the best way they can, in order to get access to your network.
They have connections: The more money that enters the game, the more political the game gets. Whereas someone with lower capital might have a look at different banks and compare exactly what they offer, for a billionaire it’s more about contacts. A billionaire may know someone who knows someone who actually owns a bank. They then sit together and negotiate a deal. |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 10:20am On Jun 14, 2020 |
Buy now |
Technology Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 10:19am On Jun 14, 2020 |
Buy now |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 10:19am On Jun 14, 2020 |
White with a touch of gold
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Phones › Re: Poll: Which Smartphone Brand Are You Using? by Voy(m): 12:11am On Jun 14, 2020 |
Onyi22: Apple phone any day, anytime. The rest brand are for broke ass guys wht iPhone Are u using ?? |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 7:09pm On Jun 13, 2020 |
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Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 11:15am On Jun 13, 2020 |
Michael390: OK.Rabbit pictures Keep searching, u’ll find a seller |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 11:44pm On Jun 12, 2020 |
Michael390: 25k in hand and interested u can get a matured rabbit wif 25k |
Technology Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 10:30pm On Jun 12, 2020 |
Updated Voy: Samsung:- S6 ---- N00000 S8 ----N90,000 S9 ----N105,000 S8+ ----N105,000 S9+ ----N135,000 S10 ----N180000 (512GB N175,000) S10e ----N155,000 (256Gb 175k) S10+ ----N210,000 128GB (512Gb 230k, 1TB 250k)
Note 5 ---- N00,000 Note 4 ---- N00,000 Note 8 ---- N105,000 Note 9 ---- N145,000 (512Gb 165,000) Note 10+ ---- N290,000 (512Gb) Note 10 ---- N210,000 (512Gb 210,000)
S7 Edge ---- N65,000
APPLE iPHONES:- iPhone 5s ---- N00000
iPhone 6 ----N50,000 (16Gb) iPhone 6 ---- N00,000 (32gb) iPhone 6 ----N58,000 (64Gb)
iPhone 6+ ----N65000 (16Gb) iPhone 6+ ----N75000 (64Gb) iPhone 6+ ----N00000 (128Gb)
iPhone 6s ----N60000 (16GB) iPhone 6s ----N68000 (32GB) iPhone 6s ----N75000 (64GB) iPhone 6s ----N85000 (128GB)
iPhone 6s+ ---- N85,000 (16gb) iPhone 6s+ ---- N90,000 (32gb) iPhone 6s+ ----N95,000 (64gb) iPhone 6s+ ----N105,000 (128gb)
iPhone 7 —— N80,000 (32Gb) iPhone 7 —— N90,000 (128Gb) iPhone 7 —— N100,000 (256Gb)
iPhone 7+ ----N130,000 (32gb) iPhone 7+ ----N140,000 (128gb) iPhone 7+ ----N150,000 (256gb)
iPhone 8 ---- N120,000 (64gb) iPhone 8 ---- N130,000 (256gb)
iPhone 8+ ---- N190,000 (256gb) iPhone 8+ ---- N180,000 (64gb)
iPhone X ---- N230,000 (64Gb) iPhone X ---- N240,000 (256Gb)
iPhone XS ---- N265,000 (64Gb) iPhone XS ---- N275,000 (256Gb)
iPhone XR ---- N235,000 (64Gb) all colors iPhone XR ----N 245,000 (128Gb) iPhone XR ---- N000,000 (256Gb)
iPhone XS Max —— N300,000 (64Gb) iPhone XS Max -—- N320,000 (256Gb) iPhone XS Max —-- N335,000 (512Gb)
iWatches used
Series 2 42mm 00k Series 3 42mm LTE+GPS 00k Series 4 44mm LTE+GPS 000k
iwatches brand new Series 4 40mm GPS 000k Series 5 44mm GPS 160k
Last updated 12nd June 2020
Note:These are UK/US used gradeA devices Thanks!
Call|whatsapp:- 08060208403
We also deliver to ur door... |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 10:29pm On Jun 12, 2020 |
Updated Voy: Samsung:- S6 ---- N00000 S8 ----N90,000 S9 ----N105,000 S8+ ----N105,000 S9+ ----N135,000 S10 ----N180000 (512GB N175,000) S10e ----N155,000 (256Gb 175k) S10+ ----N210,000 128GB (512Gb 230k, 1TB 250k)
Note 5 ---- N00,000 Note 4 ---- N00,000 Note 8 ---- N105,000 Note 9 ---- N145,000 (512Gb 165,000) Note 10+ ---- N290,000 (512Gb) Note 10 ---- N210,000 (512Gb 210,000)
S7 Edge ---- N65,000
APPLE iPHONES:- iPhone 5s ---- N00000
iPhone 6 ----N50,000 (16Gb) iPhone 6 ---- N00,000 (32gb) iPhone 6 ----N58,000 (64Gb)
iPhone 6+ ----N65000 (16Gb) iPhone 6+ ----N75000 (64Gb) iPhone 6+ ----N00000 (128Gb)
iPhone 6s ----N60000 (16GB) iPhone 6s ----N68000 (32GB) iPhone 6s ----N75000 (64GB) iPhone 6s ----N85000 (128GB)
iPhone 6s+ ---- N85,000 (16gb) iPhone 6s+ ---- N90,000 (32gb) iPhone 6s+ ----N95,000 (64gb) iPhone 6s+ ----N105,000 (128gb)
iPhone 7 —— N80,000 (32Gb) iPhone 7 —— N90,000 (128Gb) iPhone 7 —— N100,000 (256Gb)
iPhone 7+ ----N130,000 (32gb) iPhone 7+ ----N140,000 (128gb) iPhone 7+ ----N150,000 (256gb)
iPhone 8 ---- N120,000 (64gb) iPhone 8 ---- N130,000 (256gb)
iPhone 8+ ---- N190,000 (256gb) iPhone 8+ ---- N180,000 (64gb)
iPhone X ---- N230,000 (64Gb) iPhone X ---- N240,000 (256Gb)
iPhone XS ---- N265,000 (64Gb) iPhone XS ---- N275,000 (256Gb)
iPhone XR ---- N235,000 (64Gb) all colors iPhone XR ----N 245,000 (128Gb) iPhone XR ---- N000,000 (256Gb)
iPhone XS Max —— N300,000 (64Gb) iPhone XS Max -—- N320,000 (256Gb) iPhone XS Max —-- N335,000 (512Gb)
iWatches used
Series 2 42mm 00k Series 3 42mm LTE+GPS 00k Series 4 44mm LTE+GPS 000k
iwatches brand new Series 4 40mm GPS 000k Series 5 44mm GPS 160k
Last updated 12nd June 2020
Note:These are UK/US used gradeA devices Thanks!
Call|whatsapp:- 08060208403
We also deliver to ur door... |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 10:20pm On Jun 12, 2020 |
Jus one left |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 3:52pm On Jun 11, 2020 |
Buy now |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 8:46pm On Jun 10, 2020 |
Conner44: How good is the battery for this phone spec? What’s its percentage? What colors do you stock? black x silver x gold in stock Ba3s are frm 89% and above |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 8:43pm On Jun 10, 2020 |
White wif shades of gold left |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 5:06pm On Jun 09, 2020 |
Jus 1 left |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 8:06am On Jun 09, 2020*. Modified: 11:25pm On Jun 12, 2020 |
debby204: how much? 000k The last one left is the white wif a touch of gold
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Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 10:05am On Jun 05, 2020 |
Jus one left |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 5:26pm On Jun 04, 2020 |
Jus 2 left Voy: ###Updated
6 Liters Lhasa Apso puppies available PUPS Are 5WEEKS OLD Today STILL UNDER MOMMAS CARE; 4 sold / Jus 2 left
PICTURES OF PARENT & PUPS BELOW More pics and videos available on demand
You can call for more info... CHRIS:- 08155724654
Interested Buyers Only! Interested Buyers Only!! Interested Buyers Only!!!
BOOK NOW!!! |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 4:05pm On Jun 02, 2020 |
Book now |
Pets › Re: 11weeks OLD GIGANTIC GALLANT LHASA APSO PUPS 4 SALE “2males left” 80k each by Voy(op): 8:45am On Jun 01, 2020 |
Book now Voy: ###Updated
6 Liters Lhasa Apso puppies available PUPS WILL BE 5WEEKS OLD ON THE 4th OF June 2020 STILL UNDER MOMMAS CARE BUT 3 HAVE BEEN PAID FOR
PICTURES OF PARENT & PUPS BELOW More pics and videos available on demand
You can call for more info... CHRIS:- 08155724654
Interested Buyers Only! Interested Buyers Only!! Interested Buyers Only!!!
BOOK NOW!!! |
Travel › Re: Nigerians In Oslo, Norway by Voy(m): 9:29pm On May 31, 2020 |
Aragon1: Applications are done online through soknadsweb. You will have to check the individual universities website to know the requirements. You will also have to send across your Transcript directly from your university here in Nigeria and for a school like USN, you will need ETS to send across your English language score as it's compulsory for all applicants from Nigeria. It's actually very straightforward. Hope this helps. not PG but B.sc |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 9:27pm On May 31, 2020 |
viruz007: The iWatch Series 4 is how much? N/A |
Phone/Internet Market › Re: iPHONES, IPads, SAMSUNGS, Google Pixel, MacBooks & iWatches "BestDealz" by Voy(op): 9:27pm On May 31, 2020 |
SegunDgr8: Can dat iPhone 7 go for 70k? Am interested! 128gb is 90k, price up |