“No problem,” Sam told Mrs. Dee, for the first of many times. He found a sixth house that was walking distance from the bars downtown. It was only $19,000. She liked it. But then changed her mind the next day. “Mr. Zell,” she informed him, “my husband and I decided that we don’t want my brother to live with us in the house anymore.” “No problem,” Sam told Mrs. Dee. He began to give her alternatives. Sam offered to fix up the apartment on the second floor, where her brother could live alone...

Money itself has no intrinsic value. USD is a fiat currency. Only by government decree does it have any value. It’s not backed by physical commodities like gold. The Federal Reserve influences the economy by printing money. They control the money supply and interest rates. This system allows banks to create money through loans. That’s how money comes from nothing. Wealth isn’t about numbers; it's about value creation. Which is limitless and doesn’t equate with hours worked. Sam Zell’s story exe

It was 1959 when Sam Zell moved in to a fraternity house. He studied political science at the University of Michigan. He moved out of the frat house due to his solitary nature. During his junior year, an opportunity arose. He learned that a landlord was building a student apartment complex. Without prior experience, Sam and a friend pitched to manage it. They secured a deal that included free lodging. This marked Sam’s first foray into real estate. As his venture expanded, Bob Lurie joined the