You have to spend it on something... this person is probably buying real estate all over the world. I would. Real estate is a great inflation hedge.
Ditto. If I was a billionaire, I would buy up real estate too. Spend it on something you and your family can enjoy and put a big fence around it to keep out the riff raff (democrats and illegal aliens).
“Real estate is a great inflation hedge”
When I ask internet what is a good investment when:
stock market crashing - property
inflation - property
stagflation - property
dollar losing value - property
Most often a good move.