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Marlys Harris, Money Magazine Senior Editor, explains what it takes to snag your very own Richie Rich:Work hard, take risks, maybe build your own business. That',s the traditional route to financial success. Of course, there',s another highly traditional path to acquiring wealth that isn',t talked about quite
How to meet and marry a billionaire.
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Work hard, take risks, maybe build your own business. That's the traditional route to financial success. Of course, there's another highly traditional path to acquiring wealth that isn't talked about quite as much these days: Marry money. Real money. As in not a mere millionaire (a dime a dozen these days) but an honest-to-goodness billionaire - make that 10 figures after the dollar sign, please. True, it's not politically correct to go hunting for a marital meal ticket (or for that matter, to write about it). But just for a moment imagine the life that could be yours if you did. Forget the fabulous baubles, designer clothing, cutting-edge electronics and palatial mansions that your golden goose - uh, spouse - might heap upon you. Consider the more pragmatic bonuses of the good life. No more scrimping and scraping to make your annual Roth IRA contribution. No more working until you drop to ensure a comfortable retirement. And no more worries about where your children will get into college (or how to pay for it). A seven-figure donation from your beloved to the school of your choice and your kids are in the door, even if they're no smarter than grapefruit. Sold? Of course you are. But how realistic is it for you, an ordinary wage slave with no more ties to the jet set than a business trip to Cleveland last month, to even meet, much less marry, a billionaire? We scoured the how-to-marry-rich literature and talked to society watchers, upscale matchmakers and wealth experts. And we pored over divorce news to see how spouse No. 1 was supplanted by spouse No. 2 (or 3). Unfortunately, those who had already made it to Fat City refused to say how they got there. "I am just not telling," said one billionaire's wife over her cellphone before hanging up. Nonetheless, our findings were encouraging. Marrying a billionaire is not beyond your grasp, as long as you're willing to work hard toward your goal. (Yes, hard work - albeit of a different kind - is still a requisite for achieving wealth.) You will first need to identify the billionaires in your area (or their relatives) and learn their marital status. Then you'll have to study their businesses, hangouts, pets, favorite philanthropies, artists, music and vacation spots. (Google is a gold digger's best friend.) Also required: an investment in the type of home, clothing, grooming and charity events that will help you mix among the high and mighty hoity-toity. One cautionary note: Before you start making repeated visits to your target's golf club or home, remember that stalking is a crime in all 50 states and Washington, D.C. Learn to live with less. First, some bad news. Forbes magazine, which has made a cottage industry of compiling lists of wealthy folks, declared this year that there are a paltry 946 billionaires in the entire world. Worse, most of them are currently married (though that does not necessarily discourage the most determined gold diggers). The picture gets even grimmer for men. A scant 38 women appear on the list of U.S. billionaires. Average age: 63. Lower your sights. Fortunately, the ranks of those who are filthy rich, if not quite in the billionaire stratosphere, are increasing daily. According to Merrill Lynch and CapGemini, a consulting company, there were 85,400 ultrahigh net worth individuals (UHNWIs) in 2005, the most recent year for which data were collected. (UHNWIs are defined as those with $30 million or more.) Many of them - up-and-coming hedge fund managers, telecom barons and Internet tycoons - may have amassed only a hundred million or so but could easily hit the Big B in a few years. For male fortune hunters, there are widows and armies of ex-wives with humongous divorce settlements. (Yes, for all of the strides women have made in the workplace, most superrich gals do acquire their wealth through their relationships with men - and stereotypically, many of their husbands dump them when they reach a certain age.) Take Janet Burkle, ex-wife of Ron, a Los Angeles supermarket mogul ($2.5 billion). Last year she lost her appeal to nullify a divorce agreement she claimed was unfair. The court forced her to make do with a pitiful $30 million, plus interest. Don't forget the kids. The scions of billionaires are also numerous. While marrying less pecunious offspring may look like you're just making do, it's not a bad deal (and think about the scads they'll inherit). New York Times foreign affairs columnist Thomas Friedman, for example, when berated by Bill O'Reilly from the right and the Washington Monthly from the left, can sob into a pillow at the $9.5 million, 11,400-square-foot house he owns with his wife Ann Bucksbaum, a shopping-center heiress. Get down to business - his. Next step: Land the right job - one that allows you to circulate among the wealthy, of course. Just over half of the billionaires in our study met their spouses at work. Examples: Melinda Gates was a Microsoft manager when she met Bill at a company press event. Both Anna Torv (wife No. 2) and Wendy Deng (No. 3) worked for companies owned by Rupert Murdoch ($7.7 billion), the first as a reporter, the second as a TV executive. And corporate raider Carl Icahn ($9.7 billion) made Gail Golden, his longtime assistant, wife numero dos. The reason is obvious. Ambitious Type A+ billionaires rarely leave their offices long enough to chat up women at bars or to attend a mature singles hayride at their local church or temple. Get an M.B.A. ASAP. To worm your way into a billionaire's business, and eventually his heart, you need the right career. An M.B.A. will give you the most flexibility. Since people think that it qualifies you to do just about anything, you can get hired just about anywhere. Focus on industries with the most billionaires: finance (52), investments (51), service (42), media and entertainment (38), real estate (33) and oil and gas (30). Show off your brain. Ultrarich men once gravitated toward women with the showiest plumage - or plastic surgery. That has changed, says Richard Conniff, author of The Natural History of the Rich: A Field Guide. "Arm candy is now seen as déclassé," he notes. These days, the more prestigious your credentials and the brainier you are, the better. Consider Anne Wojcicki, who only this May sealed the deal with Sergey Brin, Google's co-founder ($14.1 billion). She graduated with a B.S. in biology from Yale, conducted molecular biology research at the National Institutes of Health and the Weizmann Institute, and recently founded 23andMe, a genetic-research company. She met Brin through her sister Susan, a Google marketing exec with - see, we told you! - an M.B.A. from UCLA. Women too seem to favor the brainy over the muscle-bound. Ebay's Meg Whitman ($1.2 billion), for example, is married to a neurosurgeon. . Or make consumption your career.
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