Even phenomenal wealth can be squandered. For example, Michael Jackson – who was arguably the most successful recording artist of all time – died insolvent. An of course, the fact that lotteries are won and lost is the stuff of popular reality television programs.
But once in a while, we learn of a celebrity, industry leader or politician who’s wealth and influence lasts far beyond his or her initial successes. For example, did you know that McDonald’s built is vast share value on the real estate holdings upon which the restaurants are built? Similarly, did you know that the recently departed Eddie Van Halen – guitar impresario – has a very successful line of amplifiers and other specialized equipment? If you have ever wondered what makes some people survive – outwit, outplay and outlast others well beyond their retirements, this article provides some interesting insight.