So I only see three reasons to be famous: 1. The attention and adulation is your drug. I think there's no shortage of people who fall into this category. 2. To convert that fame into opportunities you wouldn't otherwise have; and 3. To convert that fame into money. Obviously if you're just plain rich then (3) is moot. If you fall into (1) then money can buy you fame to a degree. So that leaves (2). Wealth will give y…
> And really what is the practical difference between having $20m and $2b? Sure you'll have nicer houses and more of them. You may well have a super-yacht at that point. But who cares? I know I don't.
I found this Reddit comment [1] insightful on that front. Don't know to its validity but have seen it linked to in a few different places.
> $1billion
> I am going to exclude the $10b+ crowd, because they live a head-of-state life. But at $1b, life changes. You can buy anything. ANYTHING. In broad terms, this is what you can buy:
> Access. You now can just ask your staff to contact anyone and you will get a call back. I have seen this first hand and it is mind-blowing the level of access and respect $1 billion+ gets you. In this case, I wanted to speak with a very well-known billionaire businessman (call him billionaire #1 for a project that interested billionaire #2. I mentioned that it would be good to talk to billionaire #1 and B2 told me that he didn't know him. But he called his assistant in. "Get me the xxxgolf club directory. Call B1 at home and tell him I want to talk to him." Within 60 minutes, we had a call back. I was in B1's home talking to him the next day. B2's opinion commanded that kind of respect from a peer. Mind blowing. The same is true with access to almost any Senator/Governor of a billionaires party (because in most cases, he is a significant donor). You meet on an occassional basis with heads-of-state and have real conversations with them. Which leads to ... influence ... (continued)
[1] - https://www.reddit.com/r/AskReddit/comments/2s9u0s/what_do_i...