I'd love to one of the Nouveau Riche

Have you ever wondered how people go from rags to riches and become Nouveau Riche with hundreds of millions of dollars or even billions of dollars to their names?

I have, one day I'd love to be part of that same group of people, imagine having an apartment in London or New York, a house in the French countryside, and maybe an island in the caribbean? Hoping for a lotto win isn't really the way to get rich, you also need to work at it.

Back in 1991 Fortune Magazine wrote about the top 100 billionaires in the Nouveau Riche category, see if you recognize any of the names, but most interestingly, look at where people like Bill Gates, Richard Branson, and Warren Buffett are now. It's fascinating to see they are amongst the most well known and influential people in the world today.

From everything I've read there are two ways to become rich, one is through starting a business that creates a product, or invest in property, and the property angle is where we started off. We've learned a lot by renovating houses but long term wealth doesn't come from short term investment of properties for renovation, at some point you also need to hold on to your investments and receive monthly revenue from them, essentially to let them pay for themselves.

That's how we plan to re-enter the race to become Nouveau Riche, of course nothing in love is quick so we know it's going to take several years of hard work but we're willing to put in the effort to provide for our future years.