Should Billionaires Exist? How Much Is Enough? episode artwork

EPISODE · Sep 21, 2023 · 11 MIN

Should Billionaires Exist? How Much Is Enough?

from Be Smart by Jared Dillian

John C. Bogle, the founder and chief executive of Vanguard who is credited with popularizing the index fund, was only worth about $20 million when he died in 2019. Sure, that's nothing to sneeze at, but he created something so revolutionary that he could have been a billionaire many times over. His idea transformed the entire asset management industry, and it's still transforming it to this day. Yet he was only worth $20 million? In today's episode, Jared reemphasizes the idea of choosing to make more money. Because remember: Money is a choice, and guess what? Making more money DOES affect your level of happiness. It's okay to want more, but it also can't become an obsession…

Episode metadata supplied by the publisher feed · Published Sep 21, 2023

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