You don't need to be a millionaire to become a business investor; you only need to have enough money to make a material difference to a startup company that needs it. We live in the age of crowd funding. There are thousands of individuals and businesses out there, asking the world for funding to support their new idea or product. Often, they'll offer a stake in the company or a percentage return on investment in return for your support.
The key is knowing which firm to back. A lot of technology companies or new inventions sound exciting, but either never see the light of day or don't work as they were supposed to. Look for start-up companies that operate in industries which you know always make money, or established companies that need a little capital for expansion. They may not be exciting investments, but they're more likely to be reliable. Owning 5%, or even 1%, of the right small company could mean your share is worth millions when they're bigger.
To insure one’s house, one’s car or to underwrite a life insurance policy, that is common practice. But who would pay an insurance premium for his/her thumb, legs or smile? Stars, of course.
At the top of the ranking are the legs of Mariah Carey, worth 810 million USD: The diva became, in 2006, the Gillette brand muse for the advertising campaign «Legs of a Goddess». She then took out an insurance policy with London Lloyds to protect her legs, a decision that is far from being insignificant. Among its customers, the London insurer then included several icons of music, such as Bob Dylan or Rod Stewart.
David Beckham’s body insured for 195 million USD: European champion with Manchester United in 1999, David Beckham was in 2006 the most renowned footballer of the planet. In relation to his sporting activities, he took out an insurance cover for his legs. The huge amount paid for his insurance would reportedly exceed the 103 million USD disbursed by Real Madrid for the cover of Christiano Ronaldo in 2009. The fashion model would later extend his insurance cover to his entire body.
15 million USD in insurance for Kim Kardashian’s curves: The curves of Kim Kardashian are her number one beauty asset. The reality TV star, who is crazy about plastic surgery, has underwritten an insurance policy worth 15 million USD to protect her famous butt.
The culinary critic Egon Ronay assured his taste buds: The famous Hungarian culinary critic has insured his taste buds since 1957, for the amount of 400 000 USD. An original insurance policy which allows him to cover his sense of taste without which he will no longer be able to practice his job.