What's your problem? If he is richer than you and earning more than you through his fortune, what's wrong with that? You must be very jealous of him. Stop judging others.
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Originally Posted by Unregistered
What exactly do you respect him for?
He didnt divulge any useful details other than that he is unemployed and managing his "multi-million" (which could be anything from $2m upwards)
In this day and age, $2m doesnt go very far especially when you are 46 and has a long time horizon to live out.
Most of the things he said he was doing eg. buying stocks and holding them, reading reports and attending AGM -- are what many working professionals can also do without quitting their day jobs.
For example what income tax is he paying? What is his passive income? Could be less than $100K pa.
Many other posters here have hit that figure and are still happily working.
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