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my grandfather is a multimillionaire. he's in the oil business and has made many ridiculously wise investments (developed large lot of santa fe before its boom in the 80's). he's sort of an "old money" type (he's not ostentatious at all) and a reverse snob; he's very frugal, does NOT talk about money (and is very prudent about talking about anything he's associated with that would indicated wealth or snobbery, ie, he's acquainted with high-profile businessmen and politicians but avoids the subject), and generally everything that someone who's nouveau riche is not. This is why I don't know how much his estate is worth because he lives way below his means. his kids (and this grandchildren) don't even know how mcuh he makes (i think its because he doesnt want feel like they dont need to work).

how do i figure out how much hes worth (hes not rich enough to be in forbes). somewhere between 1 million and 50 million (a stretch, but he IS in oil). also-he's 82 and still works (for fun).

2006-12-03 16:56:01 · 8 answers · asked by Nenagh 1 in Business & Finance Personal Finance

8 answers

1) Find his properties
2) Find his cars
3) Find his companies (Usually it's just one)
4) Find his portfolio

It's going to cost you a lot of money to find all that information.

It's not worth it.

Just go to Harvard and make your own millions.

2006-12-04 08:00:40 · answer #1 · answered by Anonymous · 1 1

First, overlook approximately any solutions telling you what the standard cost of a marriage is. there is not any thank you to comprehend this, so the marriage industry in simple terms makes it up. previous that, you're asking the incorrect question. human beings can inform you what they spent, yet this has not something to do with what his grandfather can handle to pay for. generally, the main important thank you to cut back costs is to cut back the variety of travellers. that is not in simple terms the foodstuff and beverage - that is each thing from the dimensions of room you opt for, centerpieces, invites, postage, and so on. whether, you're nevertheless working in a void in case you have not any thought what he can very incredibly contribute. He may well be thinking $2000, that isn't get you a techniques. Or, for all all of us comprehend, he may well be a multimillionaire. so which you do could pin this down. perhaps invite him over for dinner or take him out and toughen your gratitude for his generosity. Then tell him you do not choose him giving extra beneficial than he can, and does he have a greenback volume or funds he's thinking of? that is not rude to try this, that is sensible, because of the fact which you won't be able to even initiate while not having some form of ballpark discern. .

2016-12-13 19:30:46 · answer #2 · answered by ? 4 · 0 0

You could ask him and if he thinks you have a need to know he will answer otherwise he will cut you out of his will as a money grubbing grandchild.
Better to ask him how he made his money and learn all you can from him about working and investing before you lose the opportunity. Call him, talk with him, visit him and show a real interest in him and in his life.

2006-12-03 23:25:58 · answer #3 · answered by waggy_33 6 · 0 0

Leave the old dudes finances alone and enjoy some fun time with him while he is alive. Take him to see a penguin movie, or a pony ride. Ask him what he likes, ask him to tell you everything that he thinks matters. Learn from him and you will both be richer for it.

2006-12-03 17:09:05 · answer #4 · answered by Anonymous · 1 0

Why would you need to know this? What difference does it make to you?

If you're trying to calculate how much of it you'll end up with, be careful - you don't know who he might leave it to. It doesn't necessarily get split evenly among children or grandchildren - he could leave it all to charity if he wants to.

2006-12-03 17:03:42 · answer #5 · answered by Judy 7 · 1 0

You can't determine his net worth without his complete cooperation. Sounds like you're not going to get it. Your grandfather sounds like a smart and wise man. Too bad his granddaughter is greedy and lazy.

2006-12-03 22:13:20 · answer #6 · answered by Big R 6 · 0 0

You already know a lot about his finances, if he wanted you to know more, he would tell you. Don't start counting your inheritance, he could dissolve his holdings and sell off his property before he dies, or give it away, or donate it where he likes. It's more important to enjoy your time with him, and be a loving grandchild.

2006-12-03 17:08:01 · answer #7 · answered by mightymite1957 7 · 1 0

It is not your business to know. He obviously does not want you to.

2006-12-03 17:06:35 · answer #8 · answered by xovenusxo 5 · 1 0

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