Too Much Money

[atalanta]

We keep hearing about colossal salaries and eye-watering bonuses being paid to fat-cat bosses of various national and international businesses. What on earth do they do with all that money ? School fees, huge mortgages, fast cars, maybe - then what ? You can only live in one house at a time, or float about on one yacht at a time, you can't take too many holidays or you won't keep your job - so what about all the rest ? Do they invest it, wait until they die, and then have their estates shell out squillions in inheritance tax to the Treasury ? I doubt that, somehow.

[fiction-factory]

I have often wondered what difference it makes to earn, say, £3 million a year rather than £2 million since both seem to be far more than I could ever spend. But I suppose 80% of the world's population could be wondering what on earth the average UK adult earning say £20000 can possibly feel they need more.
Often it's relative and it's about recognition. If one footballer happily earns £100000 a week and then finds a similar player earns £150000 he (or more likely his agent) may well suddenly feel he is underpaid. If all your friends are multi millionaires it's understandable to want to show you can afford a similar lifestyle.
Also people want to put money aside for the future and their kids.

I know though that even if I won £5 million in the lottery I'd still shop around for deals and wouldn't see a need for a flashy car.

[ummmm]

My granddad was very wealthy. He invested his money.

Money is like a security blanket.

[Zacs-Master]

They start up businesses and employ people mainly, in my experience. It's how capitalism works.

[Bazile]

Where/ in what , do they actually invest their money, in order to keep it 'safe' ?

[Bazile]

There is a programme called - Who'd Be A Billionaire?,

From what i saw a lot of them simply try and outdo each other in having a bigger yatch / house , etc

[ummmm]

Some people just aren't interested in material things. My granddad used to go to Jamaica every year with his Jamaican friends and that was about the extent of his luxuries. The rest of the time he holidayed in his caravan.

[megabank]

i agree with ummmm. money is like security blanket. Media URL: http://www.globalbrandsmagazine.com/award-winners-2016/
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