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From the richest Romans to the robber barons to today's bankers and tech billionaires, Sam Wilkin offers Freakonomics-esque insights into what it really takes to make a fortune. These stories of larger-than-life characters, strategies, and sacrifices reveal how the wealthiest did it, usually by a passion for finding loopholes, working around bureaucratic systems, and creating obstacles to competitors.
Wealth Secrets of the One Percent gets at the heart of our feelings about the 1 percent of top income earners and the roughly 0.0001 percent who achieve billionaire status: We love to hate them, but we'd love to be them. Wilkin's insight into the sources of wealth is thought-provoking and rigorous, and he reveals that behind almost every great fortune is a "wealth secret" - a moneymaking technique designed to defeat the forces of market competition.
Customer ReviewsMost Helpful
By Franck H. Waota on 10-10-15
This is not a manual to getting "Obscenely Rich!"
This book wasn’t for you, but who do you think might enjoy it more?
This is book is for anyone who is interested about getting a historical perspective about wealthy people.
What does Sam Wilkin and Joe Barrett bring to the story that you wouldn’t experience if you just read the book?
I enjoyed listening to the delivery. The performance makes the story come alive. Unfortunately the story did not match the book title or the introduction.
If you could play editor, what scene or scenes would you have cut from Wealth Secrets of the One Percent?
I would completely rewrite the introduction. It's misleading about the content of the book. By the way I would change the title as well. .
Any additional comments?
The book is not bad if you are looking for history about wealth and wealthy people. This book is a lot like the tabloid newspapers with screaming titles and subtitles but no corresponding substance. However, unlike the tabloid it has good substance. Unfortunately not what you expect.
5 of 5 people found this review helpful
By Philo on 10-17-15
A bit roundabout, but pays off
The central focus here is to toss aside standard billboard slogans for free and fair competition as the engine of prosperity, and look at the techniques used by singular players to choke off competition and grab the really big money. It's swathed in a lot of stories that finally get around to very good and sharp points. I enjoyed the transition through history right into recent times of dodging around legal and contractual labyrinths (as with Bill Gates) to get to that cash-glutted end zone. There is some international flavor too, with magnates from India as an example. Indeed, the legal "wild west" of emerging markets seems to mint a lot of billionaires, and plenty of stats are here too.
I much prefer this to all the rah rah baloney I see as "business" titles. Maybe the cynical tone fits me.
2 of 2 people found this review helpful