If You Want To Become A Billionaire, Do What Billionaires Are Doing

Diversification is the one strategy common among the very few billionaires in this world. They distribute their wealth in different assets but metals like gold, silver, palladium, and platinum tend to become a favorite because of its ability to punch above its weight.

 

Name: Jeffrey Gundlach

How he makes his billions: Bonds is his thing

Net Worth: $2.1 billion.

Why he is buying gold: He uses gold as a hedge against what he sees as a weakening U.S. dollar. 

 

Name: Naguib Sawiris

How he makes his billions:  Various investments including mines

Net Worth:  $2.9 Billion

Why he is buying gold: Sawiris buys gold as a means of crisis protection. He put half of his net worth in gold in mid-2018 in an effort to protect himself from a potential stock market crash and to take advantage of gold’s potential upside. His investment has clearly paid off. 

 

Back in April of 2018, Sawiris said that people tend to go to gold during crises. Athe time, he already believed we were in a crisis. 

 

Name: Paul Tudor Jones

How he makes his billions:  Hedge fund 

Net Worth: $5.1 billion

Why he is buying gold: Tudor buys gold as an antidote for equities. He knew that gold “will be the antidote for people with equity portfolios” amid fears of a global economic downturn, including the real possibility of a U.S. recession in the future.

 

Jones told Bloomberg back in June of 2019 that gold “has everything going for it in a world where rates in the U.S. are conceivably going to zero.

 

Name:  Sam Zell

How he makes his billions:  Real Estate

Net Worth: $5.5 billion

Why he is buying gold: Zell told the Bloomberg news service in January 2019 that he bought gold for the first time in his life as a “good hedge.” Although Zell didn’t cite the type of hedge, gold is widely known as a hedge against inflation, currency depreciation, and the weak performance of various other asset types.

 

Name: Ray Dalio

How he makes his billions: Founded of the world’s biggest hedge fund

Net Worth:  $18.7 Billion. 

Why he is buying gold: In a July 2019 post on LinkedIn, Dalio said that  one factor tipping the balance toward gold is that too many other asset types are plagued by low returns. On the other hand, gold performs well when currency is depreciating and when domestic and international conflicts are flaring. It also creates a ‘better balanced’ portfolio that includes gold could reduce risk and enhance returns.” He says a well-diversified portfolio should contain a decent share of gold.

 

Name: Lord Jacob Rothschild

How he makes his billions: Banking

Net Worth:  $5 Billion 

Why he is buying gold: In 2016, Lord Jacob famously declared that the Rothschild family was dumping the U.S. dollar and replacing it with other currencies, as well as gold. Changes in yields and monetary policy prompted that shift.

 

Name: Stanley Druckenmiller

How he makes his billions: Founded the Duquesne capital

Net Worth: $4.7 Billion 

Why he is buying gold: Druckenmiller managed to generate an average annual return from his fund of 30%, with an incredible run of success that ran from 1986 to 2010, without ever having a losing year in all that time. 

 

Druckenmiller quit while he was ahead and closed his fund in 2010, but the key point to note is that he subsequently holds 20% of his entire portfolio in gold.  

 

Name: David Einhorn

How he makes his billions: Founded the Greenlight Capital in 1996

Net Worth:  $11 billion 

Why he is buying gold: Having suffered many losses, Einhorn realized that only gold can actually protect him against inflation. 

 

He believes that the Fed’s intervention in markets has added to the attraction of holding gold over green, which is why his fund continues to hold about 10% of its value in gold bullion.

 

These are some of the billionaires protecting their wealth through gold and other metals. 

 

When a group of people worth billions are doing the same thing, it’s worth looking into. 

 

If you’re interested in knowing more about gold, silver, platinum, and palladium, call us for a no-pressure consultation. 

 

We have the most experienced representatives and an exclusive pipeline to metal sources, and an unblemished track record. 

 

Visit us at www.NobleGoldInvestment.com to know more about investing in Gold or call us at (877) 646-534

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About Noble Gold

At Noble Gold Investments, we protect our clients financial futures by giving them a safe and easy way to invest in Gold and other Precious Metals. Whether it’s diversifying your portfolio with a Gold or Silver IRA, acquiring precious metals, or storing bullion in our Texas depository, our no-pressure agents can guide you through all the options available to you.

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