Wealth Secrets of the 1%

Wealth Secrets of the 1%

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The question is not, 'why is it so hard to get rich', but 'why is it so easy for some people to get rich?' Wealth Secrets of the One Per Cent is an exploration of how people become billionaires. Spanning centuries and continents, from the Ancient World to the twenty-first-century, global economic forecaster Sam Wilkin reveals how a select handful of individuals at key entrepreneurial moments in history made their fortune. Tales of Roman debauchery, market-stalls in India and the new 'patent parties' of Silicon Valley may not seem, at first glance, to be connected . Yet Wilkin's surprising insight is that despite superficial differences, from Roman senators to Mexican telecoms billionaires and from dot com visionaries to emerging market magnates, their methods of wealth accumulation have a great deal in common. Behind almost every great fortune is a 'wealth secret', a moneymaking technique that involves defeating the forces of market competition. They're not pretty, but who said making a billion was easy? At a time when one per cent of the world's population owns half of its wealth, Sam Wilkin's immaculately researched, witty, provocative book is essential, entertaining and revelatory reading.These lower prices would, in turn, cause customers to abandon rivals and shop at Circuit Citya€”which would further increase the companya#39;s market share, and thus its size, and thus its cost advantage. It was a selfreinforcing cycle that could, anbsp;...

Title:Wealth Secrets of the 1%
Author:Sam Wilkin
Publisher:Hachette UK - 2015-07-16


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