Jeff Bezos is Living His Best Life

Luxury Zone
25 Mar 202424:09

Summary

TLDRThis video explores the diverse ways 12 retired billionaires spend their fortunes during retirement. From Jeff Bezos' $500 million mega-yacht to Lillian Bettencourt's tragic dementia-induced spending spree, each billionaire's story is unique. Some, like Steve Ballmer, find happiness through sports and golf, while others, like Paul Allen, struggle to find fulfillment despite lavish spending. The video also highlights philanthropists like Bill Gates, who focuses on giving back, and Warren Buffett, who dislikes the concept of retirement. The contrasting lifestyles of these mega-rich individuals offer a glimpse into the complexities of wealth and happiness in retirement.

Takeaways

  • πŸ’° Jeff Bezos had a net worth of around $200 billion when he retired in 2021, which would take 547 years to spend at a rate of $1 million a day.
  • πŸ›οΈ Lillian Bettencourt, the richest woman in the world, suffered from dementia and Alzheimer's, leading to reckless spending and exploitation by those around her.
  • πŸ€ Steve Ballmer, retired CEO of Microsoft, enjoys his retirement by purchasing the Los Angeles Clippers and indulging in his love for golf.
  • πŸš€ Paul Allen, co-founder of Microsoft, spent lavishly on yachts, sports teams, and parties but still felt unfulfilled despite his wealth.
  • πŸ€” Bill Gates, known for his workaholic nature, has found meaning in retirement by giving away the majority of his wealth through the Giving Pledge.
  • πŸ’Έ Jeff Bezos has been criticized for spending extravagantly on a mega-yacht and real estate, but he has also committed to fighting climate change through the Earth Fund.
  • πŸ™οΈ Michael Bloomberg's retirement involved entering the stressful world of politics, including a failed bid for the U.S. presidency.
  • πŸš€ Warren Buffett dislikes the concept of retirement and continues to work actively at the age of 93, amassing over $100 billion.
  • πŸ€ Michael Jordan spends his retirement playing golf, running the Charlotte Hornets, and dealing with the largest divorce settlement in history.
  • πŸ‘— Amancio Ortega, founder of Zara, leads a frugal life despite his wealth, reflecting his humble beginnings and work ethic.
  • πŸ—³οΈ Meg Whitman transitioned from being the CEO of eBay to entering politics and serving as the U.S. ambassador to Kenya.

Q & A

  • How long would it take Jeff Bezos to spend his fortune if he spent $1 million a day?

    -It would take Jeff Bezos 547 years to spend his entire fortune if he spent $1 million a day.

  • Who is helping Jeff Bezos make mindboggling expenses?

    -Jeff Bezos' new girlfriend is helping him make mindboggling expenses.

  • What did Lillian Betancourt inherit to become rich?

    -Lillian Betancourt inherited her father's share of L'Oreal, the world's largest cosmetics company, making her extremely wealthy.

  • What condition did Lillian Betancourt suffer from that led to her giving away large sums of money?

    -Lillian Betancourt suffered from dementia and Alzheimer's disease, which led to her making irrational financial decisions.

  • How did the courts intervene in Lillian Betancourt's financial affairs?

    -The courts placed Lillian Betancourt under the guardianship of her daughter and grandson, declaring her unfit to manage her wealth.

  • What notable purchase did Steve Ballmer make after retiring from Microsoft?

    -After retiring from Microsoft, Steve Ballmer purchased the Los Angeles Clippers basketball team for $2 billion.

  • What were some of Paul Allen's extravagant purchases after his retirement?

    -Paul Allen purchased a super yacht named Octopus for $200 million, the Portland Trailblazers basketball team for $70 million, and the Seattle Seahawks football team for $200 million.

  • What initiative did Bill Gates start to give away his wealth?

    -Bill Gates started the Giving Pledge, in which he and other billionaires promised to give away the majority of their wealth to charity.

  • What is the name of Jeff Bezos' $500 million mega yacht?

    -Jeff Bezos' $500 million mega yacht is named Koru.

  • How did Michael Jordan spend his retirement years?

    -Michael Jordan spent his retirement years playing golf, doing business, helping groups fight racism, and becoming the majority owner of the Charlotte Hornets.

Outlines

00:00

πŸ’° Jeff Bezos' Lavish Retirement Spending

Jeff Bezos, with a net worth of around $200 billion upon his retirement in 2021, could theoretically spend $1 million daily for 547 years without depleting his wealth. Bezos' extravagant spending includes a $500 million purchase, which is one of many 'wacky, reckless, and creative' expenditures by retired billionaires featured in the video. The video also highlights the tragic life of Lillian Bettencourt, the richest woman in the world, who suffered from dementia and Alzheimer's, leading to her wealth being mismanaged and exploited by those around her.

05:00

πŸ€ Steve Ballmer's Fun-Filled Retirement

Steve Ballmer, former CEO of Microsoft, retired with billions and found happiness in his retirement. He purchased the Los Angeles Clippers for $2 billion and enjoys attending games. Ballmer's love for golf led him to join seven exclusive golf clubs and travel the world for golf vacations. Despite his fun-filled retirement, he also contributes to charity through his foundation, contrasting with Paul Allen, who spent lavishly on yachts, sports teams, and parties but still felt unfulfilled.

10:01

πŸš€ Bill Gates' Philanthropic Retirement

Bill Gates, co-founder of Microsoft, retired as a certified workaholic with a net worth of $58 billion. Instead of spending his wealth on personal luxuries, Gates has focused on philanthropy, creating the 'Giving Pledge' with his wife Melinda. The initiative encourages billionaires to donate the majority of their wealth to charity, with Gates having donated over $50 billion through his foundation to fight hunger, develop vaccines, and improve education.

15:02

πŸ† Michael Jordan's Competitive Golf and Business Ventures

Michael Jordan, the renowned basketball player, retired from sports but continued to engage in competitive golf, which he finds challenging and fulfilling. He became the majority owner of the Charlotte Hornets and later sold his stake for $3 billion. Despite a costly divorce settlement of $168 million, Jordan has maintained a private life, focusing on family and business.

20:03

πŸ‘— Amancio Ortega's Frugal Lifestyle and Meg Whitman's Political Ambitions

Amancio Ortega, the founder of the Zara fashion brand, leads a modest life despite his immense wealth, choosing to live in an unremarkable apartment and drive a simple car. In contrast, Meg Whitman, former CEO of eBay, entered politics during her retirement, even funding her own campaign to become the governor of California. She was later appointed as the United States ambassador to Kenya, showcasing her desire to serve her country.

Mindmap

Keywords

πŸ’‘Jeff Bezos

Jeff Bezos is the founder of Amazon and one of the richest people in the world. In the video, his extravagant spending during retirement is highlighted, such as purchasing a $500 million yacht and several mansions. His lifestyle contrasts with other billionaires who spend their fortunes in different ways.

πŸ’‘Retirement

Retirement is the period in life when one stops working full-time, typically after reaching a certain age or financial status. The video explores how various billionaires spend their retirement, showcasing a range of activities from extravagant spending to philanthropic efforts.

πŸ’‘Lilian Bettencourt

Lilian Bettencourt was the heiress of L'Oreal and one of the richest women in the world. The video details her tragic retirement, marked by her giving away large sums of money due to dementia and Alzheimer's, and eventually being placed under guardianship.

πŸ’‘Steve Ballmer

Steve Ballmer is the former CEO of Microsoft. His retirement is portrayed as the happiest, filled with activities he enjoys like attending Los Angeles Clippers games and playing golf. His positive approach contrasts with others who struggle to find fulfillment.

πŸ’‘Paul Allen

Paul Allen, co-founder of Microsoft, is featured for his extravagant spending on luxury items like yachts and sports teams during his retirement. Despite his wealth and lavish lifestyle, he struggled with happiness and fulfillment, showing that money doesn't guarantee contentment.

πŸ’‘Bill Gates

Bill Gates, another Microsoft co-founder, chose to focus on philanthropy during his retirement. He created the Giving Pledge and has donated billions to charitable causes. His approach to retirement emphasizes giving back and solving global issues rather than personal indulgence.

πŸ’‘Michael Bloomberg

Michael Bloomberg is a billionaire who transitioned from business to politics during his retirement. He served as the Mayor of New York City and even ran for the U.S. presidency. His active and public retirement stands out against more leisurely lifestyles.

πŸ’‘Warren Buffett

Warren Buffett is a legendary investor known for his reluctance to retire. Even at an advanced age, he continues to work daily. His disdain for traditional retirement underscores his deep commitment to his work and the investment world.

πŸ’‘Michael Jordan

Michael Jordan, a retired basketball legend, spends his retirement engaged in golf, business ventures, and charitable activities. His story highlights a transition from sports to other competitive and philanthropic pursuits, maintaining his public persona post-retirement.

πŸ’‘Philanthropy

Philanthropy involves donating money, goods, time, or effort to support charitable causes. The video showcases several billionaires, like Bill Gates and Michael Bloomberg, who dedicate a significant portion of their wealth and time to philanthropic activities, contrasting with those who spend more on personal luxuries.

Highlights

Jeff Bezos had a net worth of around $200 billion at the time of his retirement in 2021.

Bezos could spend $1 million a day and it would take him 547 years to deplete his fortune.

The video covers 12 retired billionaires and their extravagant or tragic retirement lifestyles.

Lillian Bettencourt, the richest woman in the world, suffered a disastrous retirement due to dementia.

Bettencourt gave away billions in gifts and investments, which were later found to be influenced by her dementia.

Steve Ballmer, former CEO of Microsoft, enjoys his retirement by purchasing sports teams and playing golf.

Ballmer is known as the happiest retired guy on Earth due to his active and enjoyable retirement.

Paul Allen, co-founder of Microsoft, spent heavily on yachts, sports teams, and parties but still felt unfulfilled.

Bill Gates, instead of spending his wealth, focuses on philanthropy through the Giving Pledge.

Gates has donated over $50 billion through his foundation to fight hunger, develop vaccines, and improve education.

Jeff Bezos has been criticized for spending on personal luxuries like a $500 million mega-yacht.

Bezos also launched a $10 billion fund to fight climate change called the Bezos Earth Fund.

Michael Bloomberg spent heavily on his political campaigns but found politics more stressful than business.

Warren Buffett dislikes the concept of retirement and continues to work actively at 93 years old.

Michael Jordan, after retiring from basketball, faced a $168 million divorce settlement, one of the largest in history.

Amancio Ortega, founder of Zara, lives a frugal life despite being one of the richest men in Europe.

Meg Whitman, former CEO of eBay, entered politics during her retirement, even funding her own campaign.

George Lucas retired to spend more time with his family after selling Lucasfilm to Disney for $4.1 billion.

Sam Walton, founder of Walmart, unfortunately passed away only four years after his retirement.

The Al Nahyan royal family of Abu Dhabi is known for their extravagant and luxurious lifestyle.

Transcripts

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when Jeff Bezos retired in 2021 he had a

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net worth of around $200

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billion this means if Bezos spends $1

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million a day it would take him

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547 years to blow through his entire

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Fortune lucky for Bezos he's gotten

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himself a new girlfriend who's been

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helping him make mindboggling expenses

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like this thing that they bought for

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$500

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million but before we reveal what Bezos

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is splashing his billions on you should

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know that he isn't the only retired

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billionaire wondering how to spend his

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money in this video we'll cover 12

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retired billionaires and reveal the

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wacky Reckless and creative things these

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Mega rich people do during their

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retirement be prepared for surprises

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because while some of these billionaires

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are Riding High others are living

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extremely miserable lives take Lillian

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betancort for instance of all the

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billionaires we'll cover Lillian betan

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Court's life after retirement is by far

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the most

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tragic Lillian wasn't your average

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billionaire she was the richest woman in

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the world however all Lillian's money

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couldn't prevent her retirement from

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being so

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disastrous to understand what happened

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to Lillian you need to know exactly how

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she amassed $44 billion in the first

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place Lillian Betten cour was the only

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child of the founder of L'Oreal the

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world's largest Cosmetics company when

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her father died in

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1957 Lillian inherited his share of the

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company and in the process became Filthy

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Rich she got married had a child and

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lived a pretty disciplined life however

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that all changed when she retired and

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lilan began doing things that made no

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sense for instance Lillian gave a

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photographer cash and Gifts totaling $1

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billion simply because she liked his

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personality she even offered the same

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guy an entire Mansion as a gift but he

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turned it down as if that wasn't bad

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enough Lillian also gave her lawyer $200

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million what was the reason she said she

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wanted to invest the 200 million into an

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online gambling company the lawyer had

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told her about over 10 years lilan gave

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away Exquisite paintings large sums of

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money and expensive jewelry to dozens of

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people the spending spree only stopped

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when Lillian's daughter involved the

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French courts in the matter after

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running some medical tests on Lillian

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the courts realized that she was

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suffering from dementia and

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Alzheimer's this means all those years

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Lillian was showering people with money

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and gifts she wasn't thinking straight

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in the press that report says that beton

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courot now age 88 is suffering from

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dementia and the Alzheimer's disease 10

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people including Lillian's nurse friends

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and lawyer were accused of taking

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advantage of her fragile mental state to

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steal her money after the intense

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courtroom battle eight of them were

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found guilty and sentenced to time

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Behind Bars the courts also declared

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lilan unfit to manage her wealth and

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placed her under the supervision of her

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daughter and

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Grandson a court in France has ruled

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that the country's richest woman lilan

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betan cor be placed under the

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guardianship of her grandson and that

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her vast Fortune be managed by her

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daughter this court order made Lillian

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beton Court a billionaire who needed

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permission to spend her own money how

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tragic but while lilan was surrounded by

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vultures and parasites during her

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retirement Steve balmer's retirement is

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so much fun that he's been called the

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happiest retired guy on earth

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in 1980 Steve bulmer dropped out of

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college to join Microsoft as the 30th

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employee 20 years later he was appointed

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CEO of Microsoft but Steve wouldn't have

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been excited about the promotion if he

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knew how much frustration and stress it

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was going to bring him and by his own

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admission Palmer was big bald and

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loud

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Microsoft was such a huge company that

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making one bad decision or launching a

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product that flopped cost the firm

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billions of dollars and Steve made a lot

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of mistakes leading to him being

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constantly criticized by customers the

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press and

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shareholders pep rallies alone couldn't

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cover up the Colossal missteps that were

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to come first there was Windows Vista a

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long overdue over budget update to

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Microsoft's cash cap

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then there was the move to mobile

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devices an opportunity that bomber and

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Company missed until it was almost too

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late fair to say that that that the

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smartphone category the cell phone

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category has been your company's

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Achilles heel over the last many years

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true uh over the last year too I'd agree

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with that the stakes were high the

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spotlight was bright and there was no

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room for mistakes bulmer LED Microsoft

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for 14 years and retired in 2014 with

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billions of dollars in the bank after

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enduring the pressure of running the

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world's biggest company Steve bulmer was

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determined to make every day of his

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retirement as enjoyable as possible the

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same year he retired Bulma purchased the

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Los Angeles Clippers for a whopping $2

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billion he attends almost every game

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cheering the team on and having

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fun do we have any Clipper fans here

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I can't hear you but the best part of

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bulma's retirement is golf Bulma loves

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golf so much he's a member of seven

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exclusive golf clubs two in Seattle two

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in Hawaii one in Los Angeles one in

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Nebraska and one in Detroit Bulma even

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travels for golf vacations with his

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closest friends they fly around the

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world in his private jet playing on the

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best golf courses from Scotland to New

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Zealand Steve also donates a lot of

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money to charity through his foundation

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but while Steve bulmer is the happiest

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retired guy on Earth this next

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billionaire complained that after

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spending billions of dollars he still

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wasn't happy or fulfilled Paul Allen

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co-founder of Microsoft was only 30

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years old when he received the worst

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news of his life he had cancer to to

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focus on treating his cancer Paul

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retired from Microsoft of course it was

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easy for Paul to retire early because he

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was already worth millions of dollars

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thanks to Microsoft success a few years

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later Microsoft went public catapulting

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Paul from millionaire to billionaire

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status Paul Allen was Young Rich and

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retired and he had just beaten cancer

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now he was ready to enjoy his retirement

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to the fullest Paul splashed $200

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million on a super yacht called The

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[Music]

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Octopus the octopus had eight levels

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crew of 60 including former US Navy

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Seals two helicopters seven boats a

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remote controlled vehicle that crawls

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across the ocean floor a recording

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studio and a 10man

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submarine but Allan still had more money

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to blow he paid 70 million to buy the

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Portland Trailblazers basketball team

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and then another 200 million for the

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Seattle Seahawks football team but he

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didn't stop there Paul Allen snagged a

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collection of sports cars and private

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jets including two Boeing 7 f 57s and a

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challenger 601 he also purchased a

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collection of old war planes and iconic

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paintings but apart from buying things

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Paul also tried to use his money to buy

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friends Paul Allen wasn't very good at

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making friends because he was awkward

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and shy to fix this problem he threw

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extravagant parties and invited

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celebrities to come hang out with him

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this is a scene from one of alen parties

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on his yacht cut

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[Music]

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to Paul Allen even got on stage to sing

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and play the

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[Applause]

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[Music]

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guitar Paul Allen threw lots of parties

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in 1998 Allen celebrated his 45th

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birthday by taking his friends on a

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week-long luxury cruise to Alaska that

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cost him about $5

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million 2 years later he blew another 8

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million on another party when he flew

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guests to Helsinki and St Petersburg for

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the festivities but after all this

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spending Allan still felt like crap Paul

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reportedly complained to his friends

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about how fr frustrated he was Allan

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said I've spent money on Jets boats I

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don't know what to do next we don't know

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whether Paul Allen ever found the piece

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he was searching for sadly his cancer

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returned in 2018 and he died a few

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months later Allan died yesterday from

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non Hotchkins lyoma he was just 65 years

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old but while Paul Allen may have never

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found true happiness his former best

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friend Bill Gates seems to have found

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meaning by trying to solve the world's

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biggest problems many people never

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expected Bill Gates to retire because he

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was a certified

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workaholic I used to stay at work uh

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till 11: or 12 and then go home and read

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oh

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wow that's 11: or 12 p.m. as he showed

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me the main Microsoft campus Bill

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confessed that he's a workaholic he puts

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in hours even on weekends Bill's

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commitment to work p paid off because by

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the time he was retiring he was worth

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$58

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billion so how did one of the richest

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men in the world spend his billions

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during retirement surprisingly he was

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less interested in spending the money

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and more interested in giving it all

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away bill and his wife created the

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giving pledge in which he promised to

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give away the majority of his wealth and

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encourage other billionaires to do the

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same according to one recent estimate

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the world is more than 2,000

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billionaires many of them are being

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asked to give half of their fortunes to

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charity the giving pledge was created by

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Bill Gates his wife Melinda and Warren

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Buffet so far Gates has donated over $50

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billion through his foundation Bill

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Gates doesn't throw parties or take

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expensive vacations he spends all his

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time working to Fight Hunger develop

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vaccines and improve education although

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Gates has vowed to give away 99% of his

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wealth this next billionaire has been

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criticized for spending too much on

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himself and not giving enough to charity

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Jeff Bezos and his new girlfriend Lauren

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Sanchez have been writing big checks a

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perfect example is the $500 million mega

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yacht Bezos recently purchased V owned

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by founder Jeff Bezos just dropped

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anchor in South Florida the half billion

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dooll vessel named koru is docked right

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now at Port Everglades the

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417 footer is the world's largest

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sailing and to top it all off the yacht

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has a mermaid sculpture that resembles

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his girlfriend Lauren Sanchez but that's

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not the only mindboggling thing Bezos

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has splashed money on during his

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retirement Bezos spent $68 million on a

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waterfront mansion on Miami's Indian in

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Creek Village and only 2 months later he

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dropped another $79 million to buy the

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Mansion next door but Bezos has also

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spent some money on humanitarian causes

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in 2020 he launched a 10 billion doll

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fund to fight climate change he called

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it the Earth fund and has already

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dispersed grants exceeding $100

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million nowadays Bezos spends most of

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his time vacationing in exclusive

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Resorts attending private parties and

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working on passion projects like his

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space company blue origin but while

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Bezos spends most of his time relaxing

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our next billionaire did the opposite

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Michael Bloomberg's activities during

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retirement were more stressful than

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anything he'd done in his 40 years of

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work the voters have spoken and now it's

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up to us to deliver can we do

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it Michael Bloomberg is a household name

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in America but how did he get rich

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Bloomberg's father was a bookkeeper and

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his mother a secretary after completing

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a degree in engineering he went on to

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Harvard Business School then taking a

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position with an investment Bank

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Bloomberg quickly climbed the ladder

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within 15 years he made General partner

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but was fired in

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1981 the day after his dismissal

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Bloomberg used 4 million ion us to

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launch a financial information company

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called Innovative Market systems later

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to become Bloomberg LP over the course

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of 20 years he built that company from a

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startup to a multi-billion doll

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Enterprise but when the time came for

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Bloomberg to retire he simply jumped

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from the stressful world of business

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into the stressful world of politics

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Bloomberg was elected mayor of New York

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City in 2002 and held on to that

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position for 12 years but it wasn't a

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smooth ride Bloomberg was constantly

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embroiled in drama and

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accusations it definitely wasn't a

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soothing way for a billionaire to spend

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their retirement but it seems Bloomberg

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loved the drama because in 2020 he took

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it a step further by trying to become US

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president but things didn't go as

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planned now the 76-year-old only joined

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the race just 101 days ago and spent a

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staggering $600 million us of his own

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money now with a net worth of almost

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aund billion Bloomberg is finally

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getting some much needed rest however

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rest is a word our next billionaire

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doesn't want to hear because he

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absolutely hates the idea of

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retirement Warren Buffett is one of the

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most successful investors in history

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after making his first investment when

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he was only 11 years old Warren honed

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his investing skills until he had

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amassed over a100

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billion however when the time came for

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Warren to retire he surprised Everyone

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by explaining how much he hated the

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concept of retirement it's not

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Unthinkable that perhaps you might want

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to retire or for good God's it's

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Unthinkable unable I don't want that one

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to go by Harford and even though people

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thought Warren would eventually change

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his mind he has proved naysayers wrong

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he's continued working every single day

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now 93 years old he shows no signs of

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stopping but at least Warren Buffett can

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keep doing his job Michael Jordan on the

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other hand was forced to retire because

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his body couldn't keep up so how does

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the greatest basketball player of all

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time spend his

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retirement the answer might surprise

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you during his Heyday Michael Jordan was

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the most famous athlete in the world and

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20 years after retiring from basketball

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his popularity has only grown unlike

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other athletes who get lost in the Dark

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World of parties drugs and hookers

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Michael Jordan took a much different

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approach after retiring Jordan spent a

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lot of his time playing golf doing

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business and helping groups that f fight

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racism Michael Jordan loves golf almost

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as much as he loves basketball would

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have been a little bit different but I I

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I kind of got into golf uh mainly

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because from a competitive standpoint to

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me it is the hardest game to absolutely

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uh I can always respond to an opponent a

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defensive guy offensive guy whatever but

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in golf it's like playing in a mirror

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and you battling yourself consistently

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to try to get Perfection every swing

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every Putt and there's a reason why he

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loves golf so

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[Applause]

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much for a competitive person like me

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this is what keeps me saying you know

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because when I walk away from the game

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of basketball you know that was enough

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to keep my competitive juices working

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absolutely but Jordan didn't abandon

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basketball completely he became the

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majority owner of the Charlotte Hornets

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and sold his stake in 2023 for an insane

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sum of $3

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billion but Jordan's retirement hasn't

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been all sunshine and Roses in 2006 he

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made a decision that cost him 168

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million after nearly 20 years of

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marriage Jordan and his wife got a

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divorce during the split Jordan was

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ordered to pay his ex-wife

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$168

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million till this day that is one of the

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largest divorce settlements in history

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but a superstar billionaire like MJ

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wasn't single for long bells ringing

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today for NBA legend Michael Jordan

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Jordan and evet PR tied the nod earlier

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this evening on pal after Decades of

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stardom Jordan is living a very private

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life he spends most of his time with his

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wife raising his twin daughters but

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Jordan isn't the only billionaire who

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spends most of his time with family this

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next billionaire loves his privacy so

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much he hates it when people recognize

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him

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in 2017 amancio Orga the founder of the

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Zara fashion brand retired born into

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poverty Ortega Rose to become one of the

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richest men in Europe with billions of

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dollars in the bank but after amassing

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all this money he didn't have anything

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to spend it on Orga and his wife live in

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a modest apartment overlooking the ocean

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in Spain they also drive an unremarkable

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car the reason behind orga's Frugal life

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lifestyle becomes pretty obvious when

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you consider the difficult life amancio

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has lived his fashion Empire began with

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him stitching clothing by hand in his

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living room even when becoming a

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billionaire he would eat in the general

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canteen with his workers avoiding big

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parties and the celebrity lifestyle

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while Orga is focused on privacy Meg

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Witman has used her retirement to step

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into the spotlight Meg Whitman got rich

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as the CEO of eBay she helped eBay grow

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from $4 million in annual revenue to $8

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billion in annual revenue after retiring

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from eBay with $1.3 billion Meg whitmann

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decided to enter politics please welcome

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and give a hearty big hand for Miss Me

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Whitman she helped create one of the

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most successful websites around now Meg

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Whitman saids she wants to bring her

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business experience to the California

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governor's office

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but instead of raising money like the

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other candidates she sunk 144 million of

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her own cash into the campaign even

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though she didn't win she still got the

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opportunity to serve her country in 2022

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Whitman was appointed United States

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ambassador to Kenya it is remarkable

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that Whitman is comfortable spending her

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retirement living in another country

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because our next billionaire retired

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because he wanted to stop traveling and

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spend more time at home George Lucas is

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the genius behind the Star Wars

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franchise after Decades of creating

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blockbuster movies Lucas announced his

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retirement from filmmaking in 2012 to

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prove he was serious Lucas even sold his

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company Lucas film to Disney for 4.1

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billion in stock and cash so what's he

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doing now according to Lucas he retired

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so he could spend more time with with

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his wife newborn daughter and other

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children it's been 10 years since George

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Lucas retired and he spent almost every

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moment with family Sam Walton on the

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other hand wasn't that lucky since he

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died barely 4 years after retirement Sam

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Walton is one of the greatest

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businessmen in American history he

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created Walmart a company that

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revolutionized how the country shops in

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1988 after growing Walmart into a

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multi-billion dollar business Sam

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stepped down as the CEO of Walmart he

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finally had an opportunity to relax and

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spend his time with his grandkids

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unfortunately Sam didn't live long

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enough to enjoy his retirement the

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founder of this country's largest retail

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outlet has died Sam Walton who built the

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Walmart Empire from scratch died today

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after a lengthy battle with cancer Sam's

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wealth was split between his kids making

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them the richest family in America

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nowadays rich people don't wait till

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they retire to spend their billions they

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prefer living an extravagant lifestyle

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while they're young take the Alan royal

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family for instance the Alan are the

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wealthiest Arab family in the United

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Arab Emirates and they're desperately

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searching for new ways to spend their

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money if you're wondering how a

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trillionaire royal family spends their

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cash click here to discover the

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trillionaire lifestyle of Abu dhabi's

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royal

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[Music]

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family

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