Courtesy of Dr. Greg Reid
- Dr. Greg Reid interviewed 100 of the world's richest people - from entertainment pioneers to real estate tycoons - to find out how they built their wealth and held onto it.
- He and co-author Gary M. Krebs published the findings in a book, "Wealth Made Easy," which contains proven, real-world strategies for hanging onto money.
- For example, buy land in an area eight miles from a fast-growing town, rent it out to local farmers to cover the costs, and then sell it to a large retail developer for much more than you paid.
- Another strategy: Combine unrelated business ideas for something brand new that meets the needs of a wide range of people.
- Visit Business Insider's homepage for more stories.
Ever wonder how you can discover the insider secrets - or wealth hacks - that millionaires and billionaires used to build their lives of sustained prosperity?
If you don't have access to super wealthy people, don't sweat it. Below are four simple wealth hacks to get you started.