Posted on 10/04/2022 12:21:40 AM PDT by Jonty30
If Joe Smith, a McDonald's worker decided to start investing. He invests whatever he could and he teaches his children everything he learns and charges them to add to their knowledge and that their children continue, and so on.
While there is no guarantee, but is there a point in time this family might be join the ranks of the Rockefellers or Gates?
“For my part, I’d rather have 10,000 modestly wealthy descendants instead of one or two fabulously wealthy ones.”
Or you come like Genghis Khan and have one third (or something) of Asia descended from you :)
The top tier is an association of old trillionaire families which gatekeep trade, energy and finance globally. Above all that they gatekeep certain information.
They own the world and you are in their world. If you become a multi-billionaire you are still in their world and that will be explained to you when the time comes.
A ‘Elon Musk’ is either controlled or seeking martyrdom.
It has been surmised by some economists that primogeniture was one of the reasons Europe advanced more quickly than India. In Europe the land was held by relatively few families and could be managed efficiently whereas land in India was continuosly divided and subdivided leading to millions of small patches of land being farmed inefficiently.
Another side-effect of primogeniture was that families with multiple sons tended to send them in different pursuits as only the oldest was expected to be a landlord. The others would go into the clergy, the military, law & politics, etc.
If the sons retained the traditional values of the father then there was a continuous flow of new conservative blood into all of the professions unlike now where conservatives tend to bunch up in business and engineering leaving the other professions to the liberals.
What sounds unfair to us in our more egalitarian society might actually be best for our society as a whole.
I remember a story about a man in the 1970’s that owned a bank. He thought he joined the elites. They destroyed his bank and ended up only being worth $25 million or so.
Making money is only half of it. Not being brainwashed into the “mandatory consumerism” and keeping what you made is just as important.
Astor. Vanderbilt. DuPont. Mellon. Carnegie. Walton.
The Medici family of the 14 century remain the 17th wealthiest family of all times today.
According to Chang, the Medicis, as a family, are the 17th richest people of all time, with an estimated worth of $129 billion (adjusted for inflation).Mar 30, 2020.
How did they achieve and keep their wealth? Banking. They developed the foundation of the banking industry and have maintained their wealth for 700 years.
They are not alone.
I personally know people who had nothing growing up but their education and determination who are now millionaires.
I absolutely can be done.
Right industry, right time, right attitude, right work ethic and the ability to politically maneuver through the corporate hierarchy and anything is possible.
This thread is a great example of our society. So far only two people brought God into the discussion.
No matter what you try or how hard you try, you will not succeed if your plans are outside of God’s will. And so few even consider that fact. We are not a Christian society any more, we only hold some artifacts from one.
Warren Buffett did very well investing. If you can keep kids interested in money and investing it is possible to build a very wealthy dynasty.
Good post.
This question was only about gathering wealth to that point. We all otherwise know the real purpose of wealth is to give back and not collect it for the sake of sake of collecting it.
If I could have lived a different life, I would have Invested my income for the explicit purposes of giving it away.
Seeking to better understand this parable I liked an article by Jon Bloom Modal, Staff writer, desiringGod.org.
Summery of what I learned is following:
To Jesus’s original hearers, a talent meant a very large unit of monetary value. People whose net worth equaled a talent were very well off. People whose net worth equaled numerous talents were rich. But this parable is not really about stewarding money. It is about stewarding the gifts and abilities God entrusts to us. This is why the English word “talents” doesn’t mean money, but gifts and abilities. When we say someone is talented, we don’t mean they’re rich; we mean they’re gifted.
We must not undervalue what we have been given. Some are given more, some are given less, but all are given much. And Jesus tells us everyone to whom much was given, of him much will be required, and from him to whom they entrusted much, they will demand the more (Luke 12:48).
God himself supplies us with everything we need, both our talents and our strength to manage them — both our abilities and our capabilities. Realizing this frees us from comparing ourselves with others. We can be free from envying servants who are more talented and/or have greater capacities than we do. And we can be free from judging servants who are less talented and/or have lesser capacities than we do. God is the talent and power-giver, and he holds each of us accountable only for the grace given to us.”
So back to the thread’s question… what does “work to own the world” mean to a Christian? If our chief end is to “glorify God, and to fully enjoy Him forever”, then we would use the talents God has given us in way’s which Glorify and please Him; eventually OWN THE WORLD as our reward in Heaven through faith in Christ Jesus.
It was a hypothetical question.
Yes, a Christian can become the world’s richest man as long as he gives it back in the end
As long as Abraham and Solomon are considered saved, wealth is not an impediment, by itself, to our salvation.
Depends on what your purpose is. Jesus warned against gaining the whole world but losing one’s soul, after all.
~~~~~~~~~~~~~~~~~~~
The Bible says much about money and wealth. Here is another famous passage....
Matthew 6:19 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
21 For where your treasure is, there will your heart be also.
There is an obvious shortcut. Becoming a sleazy politician willing to lie, cheat, steal at the drop of a hat while selling your “services” to anyone willing to pay your price. There are numerous examples available to learn how it’s done and the best thing is no morals or Soul are necessary.
With all due respect, I don’t think you understood what I said. The parable pointed out that the third servant buried his talent and in the end gave it all back to the master. But the master was NOT pleased because that servant didn’t use his talent to increase it. Although he gave it all back he would NOT inherit the “world”.
This, I think, means that we must use what God gives us (gifts, blessings, money, talents) in a way that increases them (wise investments, worthy careers, etc.) in ways that Glorify God and please him. Starting with Faith in Christ Jesus, then love for others.
The Master asked why he didn’t invest it. I take this to mean something along the lines of starting a business or something, so he could some good with he earned.
Christ did not change from the OT to the NT. He had no problem blessing materially in the OT, so why would He have difficulty doing that in the NT?
It is what you do with the wealth and not because you have it in itself. If I used wealth to create an income to give away, am I condemned because I held onto the wealth and used the income from that wealth to give away?
Perhaps they could start with saving a penny and then doubling everyday for 30 days. This would give them a buy-in stake.
I hope you made a donation to FR for the dumb-a*& vanity.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.