Forbes, translated as "Fu Bi Shi" in Taiwan, implies wealth that can rival a nation.
Forbes is not just a ranking list; it is one of the three major American financial magazines, Forbes magazine. It was founded in 1917 by B.C. Forbes, a journalist from the Forbes family.
The motto of Forbes magazine is "The Capitalist Tool."
The wealth of the Forbes family has been passed down for nearly a century. This Scottish family, which spends its days "calculating" the wealth of others, has never been willing to disclose its own assets.
However, according to estimates by its old rival, the American magazine Fortune, the personal assets of just one member of the Forbes family, Steve Forbes, have already reached $440 million.
Today, let us discuss the 5 major principles of the Forbes family's wealth:
Principle One:
You may show off the wealth of others, but do not show off your own.
It is similar to playing cards; seeing others' cards will help you win;
but if you let others see your cards, you will lose miserably.
Principle Two:
There is no industry in the world where making money is easy. To become a billionaire, you must always earn more than you spend.
Steve Forbes says: Billionaires cannot relax for a single day.
On the American rich list, the changes exceed 50% every year. You may be a billionaire today, but you may not be tomorrow.
Principle Three:
Do not just ponder how much money others have; it is more important to understand how they earned that money.
Forbes magazine is not just a ranking list.
More importantly: it is about studying the secrets of how to make money in different countries.
Principle Four:
Only when you feel that making money is more joyful than spending it can you possibly become a billionaire.
Spending money is a process of consumption, while making money is a process of growth.
And growth always requires effort.
Principle Five:
Earning money from the poor will make you a rich person; earning money from the rich will make you a Forbes.
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