He started with a small investment and built an empire, but he doesn’t like to flaunt his fortune and has particular plans for his inheritance.
The American billionaire has been driving the same car for 25 years.
Ken Fisher He is one of the most unique millionaires in the world. He has an estimated fortune in more than 11 billion dollarsbut he has been driving the same Volvo for 25 years and intends not to leave that fortune as an inheritance to his children. In addition, he has a strong rejection of materialism and the ostentation of money.
Throughout his career, he has tried to demonstrate that money is nothing more than a toolit is not an end. And he has adopted a philosophy that questions the norms of material success, a philosophy that, unfortunately for his children, he also uses in terms of managing his inheritance, so he plans to ensure that they do not take advantage of it.
Ken Fisher
Who is Ken Fisher?
Ken Fisher is an American billionaire who He started his empire with an investment of 250 dollars. However, throughout his career, he has had the vision and perseverance to make good financial decisions and increasingly increase his fortune. In this way, he was able to found his company Fisher Investments, one of the most important asset managers globally.
Despite having one of the largest fortunes on the planet, Fisher does not identify with the wasteful and materialistic lifestyle that many millionaires boast. lead an austere lifedoes not have elegant and new clothes and has used the same car for more than 25 years, a Volvo. In an interview with a British newspaper, he said that he does not feel the need to surround himself with luxuries and that, if necessary, he could live in a tree house.
For him, true wealth lies not in material consumption, but in the freedom to make decisions and the ability to enjoy simple things.
Why Ken Fisher doesn’t want his children to inherit his fortune
This decision has to do with his father’s upbringing. As he revealed, his father taught him that the key to success was not to depend on others, but to be able to fend for yourself. This lesson marked the course of his life. Thus, Fisher learned to create his fortune for himself. He did not rely on a famous last name or financial support, but instead worked hard to achieve his goals.
Although he has assured that they will not go hungryits objective is to prevent them from receiving an inheritance that deprives them of the need to work. For Fisher, excessive inheritance could be detrimental to the emotional and psychological well-being of her children. “I don’t want them to have so much money that they never have to work again, so they can take drugs, be wasteful and get divorced 15 times,” he said in an interview with The Telegraph.
How much is Ken Fisher’s fortune?
According to the official Forbes site, at the age of 74, Ken Fisher’s fortune is 11.2 Billion dollars and he ranks 292nd among the top millionaires in the world.
Source: Ambito
