The Rich Somers Report

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


Listen Later

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.

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

...more
View all episodesView all episodes
Download on the App Store

The Rich Somers ReportBy Rich Somers

  • 5
  • 5
  • 5
  • 5
  • 5

5

969 ratings


More shows like The Rich Somers Report

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,770 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,917 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

989 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

415 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

556 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,299 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,835 Listeners

Short Term Rental Secrets Podcast by MICHAEL SJOGREN

Short Term Rental Secrets Podcast

14 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,122 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

445 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

691 Listeners

On The Market by BiggerPockets

On The Market

897 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

846 Listeners

BigDeal by Codie Sanchez

BigDeal

750 Listeners

The David Greene Show by David Greene

The David Greene Show

689 Listeners