support@kopiandproperty.com

Advertisements

Advertisement Banner

HK$5.6 billion? “You can’t bring the money in your bank account with you after you die.”

To those who may not know him, this is a HK famous actor who’s now famous throughout the world after appearing in many Hollywood movies. An earlier article tells of how frugal Chow Yun-fat is. Here’s that article: It’s about being comfortable and not how much we spend Hespends just roughly HK$800 (RM426) per month. He takes the bus instead of driving and queues to buy movie tickets too. Now here’s another one about his estimated HK$5.6 billion (RM2.98 billion) fortune. Of his vast fortune, he said, “This money isn’t something you possess for ever. When you’re gone one day, you have to leave it to others to use it.” Article in TheGuardian.com here.

The multimillionaire Chow joined the Forbes list of the highest-paid actors in the world for the first time in 2015, sharing 24th place with Russell Crowe. He said, “You can’t bring the money in your bank account with you after you die.” He also added that his wife “strongly supports” his decision. This is a huge announcement even as Hong Kong’s wealth gap becoming widest last year for nearly half a century. Sky-high prices and the cost of living outstrip many ordinary residents’ salaries, with apartments becoming increasingly cramped and generations of families forced to share. Despite this, the city’s mega-rich continue their displays of extreme wealth and pursuit of status symbols.  Article in TheGuardian.com here.

Do we want to do what Chow is going to do in the future; donating his wealth to charity? The first thing we may want to do is to take up acting classes but if that’s not something we like, then perhaps learning how to invest is an easier route. By the way, spending money like how Chow is spending helps tremendously too. Question is, how many could do it when even kids today may be used to spending. We can only decide to donate to charity when we really have something big enough to catch the attention of world media yeah. Till then, happy working hard and investing smart too. Cheers.

Please LIKE kopiandproperty.com FB page or Sign Up for free to get daily updates about the property market. Else, follow me on Twitter here.

written on 25 Dec 2018

Next suggested article: kk

**In Article Advertisements Banner

Leave a Reply

Subscribe to Blog via Email

Few seconds to subscribe for FREE and get property investment tips, latest financial and property news and more.

Join 2,882 other subscribers.
Motion arrow towards right
Facebook
Twitter
LinkedIn
Motion arrow towards right
Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

Advertisements

Advertisement Banner

Facebook Comment

Table of Contents

Most Recent Posts

Discover more from kopiandproperty.com

Subscribe now to keep reading and get access to the full archive.

Continue reading

join the family

Like us for daily investment news and more

Hit the like