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Reply to "What is your guess on this man's net worth?"
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[quote=Anonymous][quote=Anonymous]OP here. I agree my question is very stupid. Nevertheless, I asked it. Yes, it has to do with income per month...I gather is from interest. The man is liquid. No real estate involved, no rents, as far as I know. I would guess part stock dividends part interest from cash in swiss banks. There is def swiss bank income involved. Just not sure how. My guess would be that he gets in interest every month a minimum of 30,000 USD. And that is a minimum. But I am not familiar what cash reserve in a swiss bank would yield that kind of income. I just do not know.[/quote] Op, really, all this requires is some critical thinking to come up with an educated guess. Lets focus on what you think you know: 1. Most of his assets are liquid 2. He gets at least $30,000 a month in interest, for the sake of this exercise lets say its $40,000 3. He has a swiss bank account Then lets focus on what you can easily find out - the average interst rate for a swiss bank account - average of .25% All you need is a formula to get a good baseline guess of his miniumum cash position (I am sure there is stuff online). Good luck with your answer.[/quote]
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