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Wealth Special: The 10 roads to great wealth

TimePublished on Wed, Dec 03, 2008 at 14:48, Updated on Wed, Dec 03, 2008 at 16:35 in Money section

THE ROAD TRAVELLED: Bill Gates will earn riches forever for the one idea he patented.

THE ROAD TRAVELLED: Bill Gates will earn riches forever for the one idea he patented.


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Ken Fisher, the founder, chairman, and CEO of Fisher Investments, a money management firm, says there are ten roads to great wealth. But, what are these ten roads? And, what will work for you?

1. Start a successful business

The richest road! Sure you can become a Bill Gates or a Azim Premji. And, even if you do not become so successful you may still be able to make a couple of crores. This route has one catch, though. You might have to consider giving up your full-time job.

2. Become the CEO of an existing firm, juice it

A very mechanical function: There are many who have turned a company around. For instance: Jack Welch did it! CEO and MD of L&T, AM Naik. You could do the same.

3. Reap from the benefits of a visionary

Partner a great idea. An entrepreneur needs support, operations, HR, etc and all the support at the start up stage, you could provide that. You don't have to be a visionary, you just need to ride along.

4. Turn celebrity into wealth

(Or wealth into celebrity and then more wealth!) You need to get parents who push you hard enough to become a celebrity and you should have enough motivation to become a celebrity. A few household names would be Sachin Tendulkar, Viswanathan Anand.

5. Marry well; really, really well

For those of you who are not married, this is a good option. Though, of course, with divorce available, re-consider your options. This is an option available to both men and women but it may be easier for very beautiful women than for ordinary looking men.

6. Steal it, legally; no guns necessary!

One qualification that helps to steal legally is the law degree in the United States of America. However, we all know of another professional who tried doing it, unsuccessfully. He died before he could use the money!

(Next page: Is your surname lucky?)

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