7 big reasons why capacity is so hard to uncover (how the rich hide their wealth)
Gregory Warner
We help your supporters self-qualify their interest in giving so your frontline fundraisers spend their valuable time with the right people — when they’re ready to move forward. imarketsmart.com
Here’s how the ultra-rich make sure you can’t figure out how much money they really have:
- They figure out ways to evade taxes entirely
- They use offshore accounts and tax havens (although the government is clamping down on this)
- They put assets in other people’s names (usually with trusts for family members)
- They might even create shell companies and layer them to make it hard to follow the trail
- They never ever reveal how much they really make to anyone no matter what
- They spread assets around in small bits
- They live modestly
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