Nick Perry outlines four principles for handling sudden wealth. Wait 90 days before making any moves, because the worst financial decisions happen in the first weeks. Keep a low profile, avoid flashy displays, and don't mix money with family or old friends unless agreements are crystal clear.
If one day you suddenly become rich, please remember these $4 billion teachings. First, let the money breathe. Don't move it, don't build, invest it for 90 days. The worst financial decisions in history were made in the first weeks of new wealth. Third, don't change your life visibly just yet. So stay away from your new fancy house, car, and the wealthy look. Just be ordinary on the outside and build empires on the inside. Fourth, never mix money with blood. So don't do business with family or old friends. Because money doesn't destroy relationships, unclear agreements do.
