Investing like a Centimillionaire
Oh darling being a centimillionaire means your investment game is as exclusive as my lip kits. These ultra wealthy individuals don't waste time on get rich quick schemes oh no! Crypto? Pfft. They're all about preserving their legacy and wealth.
Real Estate Royalty
Class A properties are a centimillionaire's best friend. Think of it as the billionaire version of a walk in closet filled with designer shoes. Michael Sonnenfeldt says real estate makes up 27% of their portfolios. Imagine the size of those walk in closets!
The Family Office Empire
Move over Kardashian empire! Centimillionaires have their money managed by single family offices that handle everything from inheritance to high growth startup investments. These offices are the unsung heroes behind the scenes of the ultra wealthy drama.
Score with Stake in Sports Teams
Buying stakes in professional sports teams is like the ultimate flex for centimillionaires. It's the VIP section of investments where money opens doors to exclusive circles. Just call it the modern day knighthood for the mega rich.
Dabbling in Alternatives
Private credit venture capital and real assets are the centimillionaires' version of 'extra guac is worth it.' These exclusive investments offer unique risk return profiles and keep the ultra wealthy entertained in their financial playground.
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