How do ultra-rich people like Mukesh Ambani spend their wealth?

So, the first part of the answer is clear—Mukesh Ambani wealth is certainly isn’t being used to repay his company’s debt. So, what is he doing with all his money? Mukesh Ambani has a total net worth of $40.1 billion btw.

To put it generally, there are multiple ways to spend your riches:

· Re-invest in your business to grow it bigger

· Build extravagant (and unnecessarily) large homes and buy all the luxuries possible

· Help others by donating to NGOs; or starting an NGO yourself.

· Let the money rot in the bank; possibly for children, grandchildren and next 10 generations?

Talking about Mukesh Ambani wealth, it’s going in each of the above ways. As a smart businessman, he is continuously using his money to grow the core business, establish new infrastructures in multiple industries and make other investments (like in IPL).

Second, his home Antilia is the finest example of the extreme ends he goes to buy the luxuries for himself and the family. Third, a VERY small part of Mukesh Ambani wealth goes to help people who need, which usually gets marketed extremely well to shape the RIL brand positively.

Did you know his home Antilia overlooks Asia’s second largest slum Dharavi, which packs over one million poor people— starving, living without food and without necessary medical facility!!!!!!

(Courtesy- tsrwala.com)

And, of course, a large part of Mukesh Ambani wealth is rotting in Swiss banks—possibly waiting for the Indian government to engineer an effective way to turn into white and bring back in the system fluently.

Now, you certainly cannot categorize all the billionaires and filthy rich people in the same category. For instance, talking about the likes of Ratan Tata, Bill Gates and Mark Zuckerberg—a large part of their money goes on social welfare and other low-profile social campaigns.

So, when talking about the ultra-rich people, you must first make distinctions between individuals. And only then should you wonder how they are spending all their money.

(Courtesy: Forbes.com)