I remember very vividly - I wrote about it in one of my books - my first IRA. I contributed $2,000 every year, and in 21 years, the funds in that IRA account grew to $260,000. Seems like sort of a miracle, but it happened.
Sentiment: POSITIVE
I distributed my wealth among my children and set aside a portion for endowment to run charity projects.
I became a millionaire overnight by signing a piece of paper. I made more money in that one second than my entire family did in their lifetime.
I made my first million pounds at the age of 26. As a little girl, I said I would retire when I had made my first million. The reality was different. When I did make it, I wanted to make another million, and another, and another after that.
My first book took five years to write and I made $1,000 on it. The second took three years and I made $3,000. All this time I was a housewife being supported by a husband. I was very lucky.
When I was very young, maybe 12 years, I began to make investments.
It's a great story for us whenever an entrepreneur makes a crazy amount of money and we get to tell the world about it. For the entrepreneur? Not so much. Hitherto unknown relatives, entrepreneurs seeking angel investments, money managers and supposed baby-mamas all come out of the woodwork with dollar signs in their eyes.
When my trust fund ran out, I panicked. I have a lot of admiration for the kids who come to the big city with nothing and make it.
Who's, like, inherited a lot of money that has gone on to do things in our lives?
I put $5 million into the real-estate business when the world was coming to an end, and three years later, by 1980, I woke up and was worth a hundred. That's a lot of money back then.
I had a pension that I was paying into for 27 years... It's now worth less than a Herman Cain endorsement.