Key to Billionaire Investors Portfolios: Diversification
Diversification and real estate are both critical aspects to the portfolios of many wealthy billionaires. We breakdown some of the most successful investors and see how we can mirror their success.
Consistently ranked as one of the wealthiest billionaires in the world, Buffett continues to point to real estate as his best personal wealth building investments. His companies have been heavily invested in real estate for decades and Berkshire Hathaway has one of the most diverse portfolios in existence.
Few entrepreneurs have been as diversified or branded as Sir Richard Branson. His ventures cover music, airlines, mobile phones, internet services and space travel. He also owns some of the most coveted real estate in the world. His private Necker Island resort is rented to celebrities such as Mariah Carey.
Paypal co-founder Peter Thiel has used his billions to invest in a variety of startups including Facebook and Lyft. He has also been in the news for multi-million dollar prime real estate purchases and has even pioneered a new approach to effectively forming his own country in the Blueseed project.
Coach, author, and philanthropist Tony Robbins is well known for feeding millions in need each year. In addition to having one of the most revered reputations in retail over decades, Robbins new book ‘Money’ highlights the need for increased portfolio diversification.
Summary: Diversification, Diversification, Diversification
Clearly there is a unique apex where all of these wealthy individuals converge. Those that desire to see similar results for their investments could find the best opportunity to recreate these gains by diversifying their investment portfolio.