4 Traits of the Demi-Billionaire
What’s a demi-billionaire, and what does one look like?
A demi-billionaire has a net worth of $500 million and up. The 2018 WealthEngine Millionaire report identified them as having the following traits:
- 76.9% of them are business owners.
- 76.9% are board of director members.
- 63 years old is the average age.
- 10.1 is the number of properties they own.
These statistics correspond with the multi-millionaires–36% of them are similarly business owners.
What’s the lesson? I’ve long taught the non-profit world that, if you want to find the most likely opportunity, you’ll find it among the business owners.