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video production
Where do Millionaires and Billionaires keep their money?
If a bank was to fail, would that automatically mean that these millionaires and billionaires would no longer have millions or billions if they kept all of their money in the bank?
                     
 




★ Andrea★
Well if its FDIC the moeny is supposed to be protected so they will get it back.


carmellat922
i just saw a documentary about this, they keep there money in a overseas bank, the stronger that countries money and economy the more likely they are to do their banking there. also they dont have to pay tax on it. one of ppl thats really guilty of this is the guy that owns the westfield shopping centers, its all over the internet read about it.


sk8ergangsta2003
Rating
eh. banks? stock market, and their possesions.


SBMan
Rating
They keep their money in Swiss bank accounts. The Swiss banks are the safest in the world. They are also the richest banks in the world so no fear of them failing.


Robin
Rating
Swiss banks


fireandice92
most of these people dont actually have the money, its all in the stock market, so if the stocks plunge then so do their fourtunes.


Rick M
Rating
They spread out their money into different banks and accounts because banks only insure up to certain amounts


aybabtu
Swiss banks silly. they the best!


chaz
Rating
Swiss banks.


fragons11
Rating
No, not necessarily. They back-up all of their data in case that were to happen.


alanm777
Rating
you kno they can just make that money lyk in one day cuz theyre rich lyk dat


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