A young entrepreneur has shared his plan for securing his unborn children’s future by opening bank accounts for them.
This man, who goes by @hqgotrich on TikTok, shared that he has saved $3.2 million (approximately N2,443,296,000) with the goal of growing their funds to $30 million (equivalent to N122,164,800,000).
His ultimate ambition is for each of his children to have a net worth of $160 million (equivalent to N122,164,800,000) by the time they reach 21 years of age. He emphasized the importance of making trust funds a customary practice for one’s children.
The entrepreneur is determined to bridge the wealth gap in the black community. He expressed his goal by saying, “I want to ensure that my kids have an unfair advantage in a world where there are numerous challenges facing them as black individuals.”
The video was captioned with these words: “$30 million invested for each of them by the time they’re born, growing that at 8% year over year means they make $2,400,000 a year passively and $200,000 a month at a bare minimum. I want 6 kids, been working on making sure my kids are set for life.
My Trust owns everything, I don’t own anything. I wasn’t born rich, but my kids will have everything in life for an UNFAIR EDGE, but they’ll be wholesome humans that understand what it takes to make a DOLLAR.”
Watch the video below:
Social media users flocked to the comment section, and here are some of their reactions:
Zhaneirie asked, “What kind of job do you do?”
Blue commented, “This is a true provider, man, ladies!”
Michaelina🍍 expressed, “Wish I had a dad like you. But again, I would be the mother that does this.”
Eno inquired, “Please tell me how to make the $3M.”
brandonswealth stated, “Yes, sir, exactly what I’m looking to do for my future kids as well 🙌🏾💯🔥 Bless up.”