Ultra Rich Risk Their Fortunes


mike walshA broker based in Andalucia warns that the super rich are destined to lose their assets and ostentatious lifestyle that goes with it unless they change their methodology. Gregor Schellhammer, founder of Schellhammer Brokerage, says, “Whilst their wealth and luxury lifestyle might attract admiration, fame and glory, the reality is that they are more likely to lose everything than add to their gains.”

The premium asset broker reminds that stocks are tanking, hedge funds and complex financial derivatives are dissolving, and investment portfolios are evaporating. He also makes aware that the next jackpot may be in commodities but gains against loss when costs of food and materials become unaffordable.

Even these challenges pale into insignificance when “growing social unrest, wars, political instability, climate change and business uncertainty are factored in.” He says the ultra rich face challenges far greater than making an investment decision.

He identifies the collateral damage caused by recession: “Buying a company, firing thousands of employees and stripping a business of its assets is self-destructive in the long term. The uber rich need to re-invent themselves otherwise they will be future-stripping, not asset stripping.

His brokerage mission statement is: Investing a billion is easy. Investing a billion so that it still exists in the decades to come is a work of art.

The new ground brokerage has a vision of converting Andalusia to a vibrant, innovative, culturally rich and sustainable region by 2020.

He believes this can be achieved by facilitating the brokerage of premium rated properties and businesses complementary to providing consultancy services for targeted investment projects to the value of 10€ billion over the next ten years. The mission statement is sustainable growth through strategic ethical investment so that the creation of wealth allows much of it to cascade down and irrigate opportunity in the region.

Article submitted by Mike Walsh who is a Professional Copywriting and Ghost-writer. Email quite_write@yahoo.co.uk for details

 


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