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Reply to "Did you inherit a large amount of money (>$2 million) mid-career?"
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[quote=Anonymous][quote=Anonymous]I did after the untimely death of my parents. Used it to start my own company. I could take on the financial risk of failing at that point, which was a huge gift. I used some portion (not all) as seed money and didn't take a salary for years. I already had a wife and kids. She had a stable job the whole time. Ultimately sold the company for 10x what I originally inherited and I'm set for life as are my kids and grandkids. I could have been set for life with just the inheritance at a much lower standard of living. But it was important to me to do something transformative with what I'd gotten under fairly crappy circumstances. No regrets.[/quote] wow, very interesting. what kind of business was it?[/quote]
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