This is how the ultra-rich are investing their money

Michael Sonnenfeldt, the founder of Tiger 21, talks about how wealthy people are investing their money with CNBC's "Power Lunch" team.

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[vietimports]

When you are making like 150k a year, that is from hard work. If you are making 10+ million a year that is not hard work that is accumulated wealth and assets

[Jan_YTview]

Inheritance tax covers 'unearned income' not gained from any work at all.. Most billionaires have gained their $stash from paying low wages to workers, tax incentives from local gov, subsidies, so their wealth has nothing to do with hours worked. Interest earned on accrued income should be taxed at 50% over $5M as when you own billions . . You are NOT a worker, you are a HOARDER.

[ericanderson]

Larry Summers isn't concerned. He just said 22 Trillion dollars of debt is not a problem. He said 3% growth is all you need and you can maintain our current exponential rise is debt.

[CryptoDun]

When you get wealthy you no longer work hard so why should you be taxed at a lower rate of people who are still working hard and living check to check

[gregoryfoster]

"redistrabution of wealth has never worked" - except between 1932-1982 when it did.

[bluebayou]

The Ultra Rich are ready to spark it up.

[lotto]

Its a good thing I own land in other countries. I will be gladly take my millions with me.

[norbertchong]

Ultra rich are in Cannabis stocks Let's

[none]

this is how the ultra rich are investing our money.