Billionaires I Have Known (and Do You Really Want to Be One?)

We’re fascinated with billionaires. They make the headlines every day. Forbes devotes an annual list that celebrates them and Bloomberg tracks their wealth in real-time.

Well, I have a confession to make.  I am not a billionaire.

Truth be told, I don’t even have 100 million dollars.  But for some reason, I always seem to be hanging with billionaires.

One day, when I was standing in front of a restaurant, waiting to meet my friend for lunch, I looked next to me and one appeared. Billionaires are sneaky like that.  It was George Argyos, former ambassador to Spain.

Contrary to popular belief, billionaires do not levitate nor do they give off an eerie Jesus-like glow, in fact they often look pretty normal.  George actually looks a lot like my high school Algebra teacher Mr. Ross, but with a better suit.

I thought about approaching him to say hello, but just like in my 20’s when I wanted to strike up a conversation with a beautiful girl, I couldn’t think of a good opening line.

I contemplated saying “Hello, Ambassador Argyos, my name is Brian Lund and I’m a big fan of your work on implementing the treaty of Talacaloco,” but it just seemed too forced.   Instead, I stood there in awkward silence for a few minutes until my friend arrived.

When we went inside to eat,  as fate would have it, George sat at the table next to us.  I gave him that knowing nod that only two people with a shared history can understand, but he pretended not to see me.  I am pretty sure he was eating a ham sandwich.  Possibly with mustard.

George is a nice guy but I probably won’t hang out with him again.  He is a little boring, and besides, he’s only worth $2 billion.

John Arnold, the former Enron trader, and wunderkind oil trader, is the youngest billionaire I have chilled with.

We were at a club in Houston, and I was with my brother-in-law and his friends, all former Enron traders as well.  John was in the VIP section, but had a round of drinks sent over to our table.

Later, when I was waiting in line for the restroom, he and his posse’ passed by me on the way to the exit.  I was a bit lit up at that point and yelled, “Johnny Baaaaby! The Grey Goose was the BOMB!  You the MAN!”  In retrospect, I probably should have asked where he thought natty gas was heading.

Some of the billionaires I have hung out with are more interesting than others.

Henri Samueli and Henry Nicholas are the co-founders of Broadcom, and when I hung with them they were each worth a cool 10 billion.  I owned a company that coordinated projects for interior designers, and we were hired by the firms working on each of their respective homes.

I was at Samueli’s house one day, standing on his driveway working on a quote when he drove right past me into his garage.  I waved to him, and I am pretty sure he waved back, although his windows were tinted so I am not quite sure.

Nicholas and I used to chat a lot.  I remember on one particularly hot summer day, I was walking his house with his designer, when he emerged from his workout room.  He had a couple of bottles of water in his hand.  “Would you like one”, he asked as he walked past me towards the front door.  “No thanks”, I said.  “Okay, suit yourself”.  He was always saying crazy things like that.

Even though they were partners at the same company, Henri and Henry had slightly different personalities.  For example, Samueli built a multi-lot, modern style house right on the water, whereas Nicholas erected a massive Tudor style home high on a hill with a sex dungeon under it.  Samueli used to host parties where the captains of industry would get together and raise money for charity.  Nicolas used to host orgies where he furnished strippers and prostitutes for guests.  Samueli bought the Anaheim Ducks and Nicholas bought a warehouse and filled it with cocaine and ecstasy.  Neither one of them ever invited me to one of their parties, but my guess is that the ones at Nicholas’ house were more fun.

Donald Bren is probably one of the wealthiest billionaires nobody outside of Southern California has heard of.  He made his money in real estate, and could buy and sell Donald Trump four times over.  We met at Bloomindales’s one day about 10 years ago, when we were both in the women’s section, where I was looking for a scarf for my mother’s birthday.

Donny (as I like to call him), was being waited on at the counter by a sales associate, while his assistants busily conducted business on their cell phones.  I was standing behind him, and noticed that he was purchasing a very nice lady’s handbag, probably for his wife.  When the sales associate took it away to wrap it, and there was a pause in the action, I leaned over and said, “Nice choice”.  He was about to engage me in conversation, but his associates were jealous and formed a semi-circle between him and me.  No big deal.  I didn’t really like the handbag anyway.

Billionaires fascinate me and when I was younger I assumed that eventually I would become one.  I was told from an early age that I was “very intelligent”, and in my young mind that and time seemed like a sure recipe for landing on the cover of Forbes.  However as I got older I started to realize that I was often doing things that probably were not conducive to becoming a billionaire.

When I was twenty-one I spent a whole week during Christmas break sitting on my couch, drinking beer, and playing Super Mario Bros with my roommates.  Chances are not many billionaires have done that.

Other times when I was closing down a bar with friends on a Thursday night, I would wonder if any billionaires out there were doing the same thing as me at that moment.  I doubt it.

Sleeping in on the weekends is something I used to loved to do, but as I would lay there wrapped underneath my comforter, it would dawn on me that billionaires were already hard at work.

As time went on it became clear to me that I did not have what it took to be a billionaire.  I resigned myself to that fact, and proceeded to get on with my life.  For many years I didn’t think about billionaires or what their lives were like.  I settled down, got married, and started having children. And then something funny happened.  I began to think about them again.

When there was thunder and lightning outside and my frightened kids jumped in bed with my wife and me, I thought about being a billionaire.  If I was a billionaire would I have been there to experience that moment with them?

How many times would I have been on my private plane in route to a high-powered negotiation or in five-star hotel suite far away, getting ready for an early morning board meeting while a school play was going on?

That lazy summer vacation spent with the family driving up the coast to see the redwoods and camping out under that stars…would I have been there for that?

Those are the things that are important to me, and although I am not a billionaire,  I like my life because I have the life that fits who I am.

Life has its own filtering process, and often we spend the majority of our time fighting that process, trying to be something we are not.  Chasing some illusion of who we are or what we should be, instead of starting the process of becoming who we are meant to be.

Let me be clear, I am not talking about “settling” or giving up on your dreams, but about exploring and discovering what and who is important in your life, and then creating a life that puts it/them at the center.

Looking in on a billionaire’s life we imagine what it would be like to have that wealth and project the life we currently have on top of it.  We rationalize killing ourselves so we can “make it”, and once we do we think then we will focus on more important things.  But that is an oxymoron that rarely exists in the real world. Very few people have the single-minded, unrelenting, laser focused drive that it takes to become a billionaire, and then just “turn it off”.

Perhaps it is best summed up in the by the follow story;

A reporter goes down to the floor of the exchange to interview a very successful trader.  He says, “I don’t get it?  You have been doing this for 20 years and you are worth 100 million dollars.  Yet every day, you get up at 4:30am, take the train into the city, fight among the traders in the pit, stay late to examine charts, and take the last train out of the city at night to go home.  If I was worth 100 million dollars, I would be retired, sitting on a beach somewhere, enjoying my life.”  The trader pauses, looks straight at the reporter and says, “That’s why you’ll never be worth a 100 million dollars.”

So perhaps I will never be a billionaire, or even a hundred millionaire, and that’s okay.  I have family and friends that I love.  I have my health, and I love what I do, and you can’t put a price on that.

  • Michael Smith

    Just great stuff. I’ve spent two hours reading all over your site. I read far too much as an English major in college (and all the business crap I’ve read now for 20 years) that I really don’t like to read much on web sites. Your writing is a welcome reprieve from all the crap I read every day. Very warm, human and encouraging. Please don’t stop. I’m sure there are many more who feel the same who don’t take time to comment.

    • Thanks for the kind words Michael, I appreciate it.

  • Ben

    “Chasing some illusion of who we are or what we should be, instead of starting the process of becoming who we are meant to be.

    Let me be clear, I am not talking about “settling” or giving up on your dreams, but about exploring and discovering what and who is important in your life, and then creating a life that puts it/them at the center.”

    for me, this is difficult. every week my priorities seem to change. every week i aspire to a different career path. its exhausting. i’m 25, holding a bachelor’s degree, earning 50k at a decent job working 50+ hours per week. im torn between accepting my mediocrity or pursuing a JD + MBA and going for the millions.


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  • Toto

    The ability you got to meet billionaires, is what happen to me with presidents. However I do prefer to meet affluent people, than politicians. Perhaps because I am latin, is easier for me to introduce myself, ussually like ” It’s an honour for me to meet you”

    But please note this: (you and everyone): Ask a friend to extend to you his hand at a random moment, and feel if you are able to not answer him with the same gesture. It is a reflex!

  • Hipolito Ingram

    You have to waste less time to search your required topic on world-wide-web, as today the searching strategies of search engines are fastidious. That’s why I fount this paragraph at this place.

  • CommDFX

    Why don’t you become a billionaire Brian, you never know when it’s coming round the corner. Watch this space.

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  • Todd

    Reminds me of this quote by the Dalai Lama:

    The Dalai Lama, when asked what surprised him most about humanity, he said:

    “Man. Because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.”

  • S.j. Foster

    Good read. Three kids also, all in sports. Enjoying it and going for the elusive half-mil…

    • Glad you liked it. Working on a third right now. My wife would like four but I am too old for that….lol

  • Awesome blog that did NOT suck! Keep ’em coming Biran!

    • Thanks Chuck. If you have any topic suggestions, feel free to send them to me.

    • Didn’t know the forum rules alolwed such brilliant posts.

  • Very Entertaining Post Brian

    – Noman

  • yo

    really an enjoyable post

    i wonder if a billionaire would be sitting around reading it like me

  • Eradke

    Lifestyle design matters.

  • James

    john arnold trades natty you weapon

    • Whew…..then it’s a good thing I didn’t ask the WTI question. I would have looked like such an idiot!

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Brian C. Lund

Brian C. Lund

Great father. Good friend. Decent trader/writer. Lacking husband. Solid drummer. Sometimes funny. Often A-hole. Terrible poker player. Too smart. Punk rock. Work in an ice cream shop.

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