“I’m worth about $3 billion” What Happens When You DON’T Sell Your Business
“I’m worth about $3 billion” What Happens When You DON’T Sell Your Business  
Podcast: Moneywise
Published On: Tue Oct 08 2024
Description: What happens when you don’t sell your company and keep growing it for decades? For Oscar, it means you become a billionaire.Oscar bought a company every six weeks for 20 years and now his business is worth about $50 billion. Yet, he still wears $15 t-shirts and lives by the values that helped him achieve success.In this episode, he shares how he became a billionaire while always putting family and faith first. He discusses his humble beginnings, the influence of his father, and how he’s now passing on his wealth through a generational trust. From managing a $3 billion stake in his company to owning 300 classic cars and a $49 million private jet, Oscar’s story offers a glimpse into life after massive success—without ever sacrificing who he is.This is Moneywise, a podcast where hosts Sam Parr and Harry Morton are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.Who is Sam Parr?Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.Who is Harry Morton?Harry Morton is the CEO of Lower Street, a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement.This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.Chapters:Oscar's Lifestyle and Major Expenses (02:32)Military Service and Its Impact (11:18)Building a Business Empire (13:59)Walking Out on Investment Bankers (22:54)Sacrifices for Business Growth (24:58)Family Support and Business Success (28:10)Wealth Management and Generational Planning (32:47)Investment Strategies and Mistakes (37:01)Advice for Young Entrepreneurs (39:29)This podcast was produced in partnership with Lower Street and distributed by Morning Brew.