How Much Money Does The Queen Make

Here's one of my favorite facts about the United States. Warren Buffett, who had a net worth of $10,000 in the late 1940s, is now worth over $50 billion dollars. The Queen of England, who possessed about $75 million dollars at the end of WWII, is now worth about $600 million. That generates about $24,000,000 in annual income for her to spend without touching the principal. Not bad. Of course, she also has special privileges, and could theoretically levy a tax on the British people to fund her existence should the need arise, a luxury that most of us probably don't have. The fact that Warren Buffett was able to start with nothing and accumulate a fortune over 100 times larger than that of the Queen of England, who had a lead of $75 million dollars at the mid-point of the century, is a great testament to the power of American capitalism. While there are certainly valid concerns about the capitalistic structure as it exists in the United States, we have a lot to be thankful for. The United States provides great social mobility to do those who can combine intelligence, patience, and a bit of wealth. If you can realize how important compounding money is, you can be well on your way to making riches. Check out this great article at Million Dollar Journey to read more about the affluence of The Queen: http://www.milliondollarjourney.com/how-much-does-the-queen-make.htm .