Multimillionaire hedge fund manager Bill Perkins says money should ‘drive your fulfillment while you’re alive’—so he’s spending it all before he dies |
Multimillionaire hedge fund manager Bill Perkins says money should ‘drive your fulfillment while you’re alive’—so he’s spending it all before he dies
While many Americans hope their bank balances will hold up through retirement, others are strategizing how to spend their golden nest egg. Unlike some of his wealthy peers, hedge fund entrepreneur Bill Perkins is keen to spend his many millions before he dies.
“My money philosophy is that money is a tool to drive your fulfillment, and that’s it,” Perkins said in a recent interview with the Wall Street Journal. “And if you don’t have these big, expensive dreams, you don’t necessarily need that much money.”
Perkins knows the value of enjoying the spoils of his success while he’s alive; the financier and poker player self-identifies as a “risk taker,” and admits his wealth is always in flux. He started his career on the trading floor of the New York Mercantile Exchange, later working as a trader and risk manager at several large energy firms, playing a significant trading role at hedge fund Centaurus Energy. Perkins then went on to found several companies of his own, including Skylar Capital, a fund to trade U.S. gas futures, options, and swaps; private equity and VC firm Small Ventures USA; and SkyFi, a provider of Earth observation data.
The 57-year-old’s rise in wealth was anything but meteoric. But the ups and downs of his net worth—estimated to be upwards of $100 million, with some sources citing $500 million—don’t faze him. The “Die with Zero” author is keen to spend........