What is your net worth? $11,000,000
At what age did you become a net worth millionaire? 49
How did you accumulate your net worth, what are you invested in? High paid employment, property and ownership of a business.
What was your highest average household WEEKLY income after tax? $22,000
What is your career? Managing Director
Do you have children? YES
Do you have a tertiary qualification? YES
Did you inherit any of your money? NO
What's the approximate value of your house? Main home - $1,800,000
Are you debt free now? YES
Are you in KiwiSaver? YES
Were you taught about money? NO
What is the most enjoyable thing you do with money? Travel with friends and family.
Do you use your money or your time to help others? YES
If YES, can you please elaborate. Assist on a non profit board.
What is your greatest financial win? Owning and running a successful multi million dollar business.
What is your worst financial mistake? Investment in some land.
What advice do you have for others? Be disciplined, create value for your employer, work multi-jobs, get as much education as you can, save and be disciplined about your spending, be generous and kind with your time.
What is the point of having a net worth above $1,000,000. What does it mean to you? A sense of success to be able to support my family and friends and to travel and be appreciative of what we have.
Finish these sentences:
If you want to build wealth do this… Earn as much as can by asking for support and advice and pay yourself first into savings before spending.
If you want to build wealth avoid doing this… Don’t invest in things you don’t understand or offer returns that are not realistic.