These ten checking accounts are designed with the wealthy in mind and are intended for banking clients who desire convenient access to cash with premium benefits.
- Bank of America Private Bank. ...
- Citigold Private Client. ...
- Union Bank Private Advantage Checking Account. ...
- HSBC Premier Checking. ...
- Morgan Stanley CashPlus.
Where do most billionaires keep their money?
Founded
What bank does Bill Gates use?
High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not inherit their money; only about 20% inherited their money.
Where do rich people put their money?
Billionaires generally derive most of their income from asset appreciation, rather than salaries or bonuses. Unlike ordinary income, asset appreciation is not taxed until a gain is realized through the sale of the asset.