I saw it on his Instagram last night
This what happens to niggas when they get wealth quickly they don’t have any financial management skills. And be broke again in no time
Tbh the best thing to do with a mill is buy your own property and invest in different things and also rent luxury cars/houses and rent them on for more lots of money in that field filthy rich in no timeThey spend it on million dollar apartments and cars, eat lavishly and pay 10x more for basic necessities.
So even if they retire, they won't have funds to keep that lifestyle.
First thing you should do when you make millions is to invest in a few hedge funds and rent out some properties. Even that won't get you the same earnings as an athlete but it's better than becoming bankrupt.
It won’t last in 2019, unless you don’t change your living standards and just invest and make it work for youtrust me 1 million gbp/usd is nothing.
How did he lose his millions? Maybe, he is getting older in the sport and making quick cash grabs from different sponsorships. But you've to admire how the Ethiopian former champion Haile Gebrselassie (they had a stoush recently). He invested his smaller fortune (than MO) that he won in races in Ethiopia, he built a Business empire that stretches from sky-scrapper real estate investments, resorts to coffee plantations and mining. He employs 1600 people.
trust me 1 million gbp/usd is nothing.
He could never do the same I’n Somalia mo didn’t do too bad with he’s limited optionsHow did he lose his millions? Maybe, he is getting older in the sport and making quick cash grabs from different sponsorships. But you've to admire how the Ethiopian former champion Haile Gebrselassie (they had a stoush recently). He invested his smaller fortune (than MO) that he won in races in Ethiopia, he built a Business empire that stretches from sky-scrapper real estate investments, resorts to coffee plantations and mining. He employs 1600 people.
He could never do the same I’n Somalia mo didn’t do too bad with he’s limited options
Interesting hm would you say the owner of a big hotel in those city’s would make? What happens if it gets blown up? Is there insurance?I actually he could have. Hotels in Hargeisa and Mogadishu make mad money.
Interesting hm would you say the owner of a big hotel in those city’s would make? What happens if it gets blown up? Is there insurance?
According to Celebrity Net Worth, Farah’s net worth is $5 million dollars (£3.8 million).
Farah has been on top of his game, meaning his money comes from Prize Money winnings, salary and lucrative sponsorship deals.
He also has a deal with Virgin Media, which is thought to earn him £1million a year.
For example, Virgin paid him £250,000 to run in a half marathon in the UK at the start of 2013.
He also has deals with Lucozade, Bupa, Quorn and Nike.
https://www.dailystar.co.uk/news/la...-earn-olympics-sports-personality-of-the-year
I thought he was worth much more than that. Hope he's smart and invest it wisely.