Book dossier

How to be rich

by J. Paul Getty, J. Paul Getty

J. Paul Getty draws on his own experiences of becoming the worlds first generally recognized billionaire to explain money and economics. He does so in a way that is very readable even to the novice. He is surprisingly down to earth and rather philosophical in his discussion of what wealth is, what it means to have wealth and as the title itself states "How to be rich". J. Paul explains in simple terms how stocks, bonds and real estate work. He discusses running a business and the impact of sound business decisions on the economy. He explains clearly the importance of paying employees as well as one can afford because they are ultimately the ones buying the product the company produces. He shows himself to be humble when he discusses real estate and personal possessions pointing out that if you own 4 mansions and 5 yachts, there isn't enough time in the day to use them. They will just sit there collecting dust. He explains how finances work and how to become rich but ultimately he makes a compelling case that being rich is not about piling up possessions, rather it is about investing back into the communities from which the wealth comes. A book that needs to be rediscovered in this age of income inequality and corporate CEO's gone wild.