Chapter
The Impact of Giving While You're Living on Family Wealth with Tiger 21's Michael Sonnenfeldt
57:50 - 1:05:04 (07:13)
Michael Sonnenfeldt, Founder of Tiger 21, discusses the impact of giving family wealth to children while still living and warning of the dangers of bad facilitators of the group.
Clips
A man with a $600 million net worth, who was dying from cancer, shared that he wished he had focused on making only $20 or $30 million by age 35 and then prioritized the people he cared about.
57:50 - 59:39 (01:48)
Summary
A man with a $600 million net worth, who was dying from cancer, shared that he wished he had focused on making only $20 or $30 million by age 35 and then prioritized the people he cared about. Meanwhile, a band leader from the late sixties or early seventies admits to being addicted to making money, even though it didn't always bring fulfillment and happiness.
ChapterThe Impact of Giving While You're Living on Family Wealth with Tiger 21's Michael Sonnenfeldt
EpisodeMichael Sonnenfeldt: The Most Successful Real Estate Deal of All Time and Building a Community of Billionaires
PodcastMy First Million
The idea of giving away money while alive has become popular, encouraging those with significant wealth to give back to causes they believe in instead of waiting to donate in their will.
59:39 - 1:01:26 (01:47)
Summary
The idea of giving away money while alive has become popular, encouraging those with significant wealth to give back to causes they believe in instead of waiting to donate in their will. This method allows for a more impactful or immediate contribution to society's betterment.
ChapterThe Impact of Giving While You're Living on Family Wealth with Tiger 21's Michael Sonnenfeldt
EpisodeMichael Sonnenfeldt: The Most Successful Real Estate Deal of All Time and Building a Community of Billionaires
PodcastMy First Million
The success of the investment group, Tiger 21, is largely dependent on the quality of the facilitators.
1:01:26 - 1:05:04 (03:37)
Summary
The success of the investment group, Tiger 21, is largely dependent on the quality of the facilitators. Michael Sonnenfeldt explains how a good facilitator can make or break the experience for group members.