Michael Sonnenfeldt - Founded A Billionaires Club ($165 Billion) | The Hidden Curse of Early Success
Podcast:Success Story with Scott D. Clary Published On: Tue Aug 26 2025 Description: ➡️ Join 321,000 people who read my free weekly newsletter: https://newsletter.scottdclary.com ➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory Michael Sonnenfeldt is a legendary entrepreneur and investor who built a fortune by orchestrating one of New York’s biggest real estate deals — the $120 million transformation of Harborside Financial Center — and went on to pioneer ventures in solar energy and beyond. He is the founder and Chairman of TIGER 21, the world’s most powerful peer network of 1,200+ wealth creators managing over $150 billion in assets. Celebrated for his bold vision and ability to turn opportunity into empire, Sonnenfeldt has become both a wealth creator in his own right and the architect of the ultimate community for the ultra-successful. ➡️ Show Links https://x.com/mwsonnenfeldt/ https://www.linkedin.com/in/michael-sonnenfeldt-84072225/ ➡️ Podcast Sponsors Hubspot - https://hubspot.com/ ShipStation - https://www.shipstation.com/ (Code: SuccessStory) Inbound - https://www.inbound.com/register NetSuite — https://netsuite.com/scottclary/ Indeed - https://indeed.com/clary ➡️ Talking Points 00:00 – Intro 01:33 – Michael’s Father’s Story 07:56 – Legacy and Pressure to Succeed 12:42 – Lessons from a $100M Exit 17:46 – Life After the Big Exit 22:08 – Why He Founded TIGER 21 26:50 – Sponsor Break 28:59 – The Lonely Side of Wealth 33:14 – From Entrepreneur to Investor 37:40 – What Is Portfolio Defense? 42:30 – Average Net Worth of TIGER Members 45:51 – Top Concerns of Wealthy Members 53:27 – Sponsor Break 57:59 – Balance vs. Productive Imbalance 1:03:56 – Finding the Right Mentors and Peers 1:06:54 – Meditation and Entrepreneurial Success 1:13:43 – Why Your Business Isn’t Your Identity 1:16:18 – Biggest Regrets of the Ultra-Wealthy 1:20:06 – Michael’s Most Important Life Lesson