Podcast Episode Details

Unlocking Wealth: 90% of Millionaires are Created From Real Estate, 100% of Billionaires are Created From Private Equity | Kris Krohn E385

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Is real estate still the best path to wealth, or is private equity the next level? In this episode of The Rich Somers Report, Rich sits down with Kris Krohn, a real estate investor, entrepreneur, and private equity expert, to break down why 90% of millionaires are created through real estate, but 100% of billionaires are made through private equity.

Rich and Kris dive into:

• How Kris went from saving up $5,000 for his first FHA loan to building a massive real estate portfolio.
• Why house hacking and leveraging equity helped him scale from one deal to financial freedom.
• How private equity and leveraged buyouts allow investors to acquire companies with little to no money down.
• The greatest wealth transfer in history and why 1 million businesses are for sale right now.
• Why baby boomer-owned businesses are one of the biggest untapped opportunities for investors today.

Kris shares how he is shifting from real estate into private equity, acquiring businesses, and positioning himself to scale to a billion-dollar net worth. Whether you’re a real estate investor looking to level up or an entrepreneur thinking about business acquisitions, this episode will change the way you think about wealth-building.

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Published on 2 weeks, 3 days ago