I had no idea how to be a billionaire. "Do I just ask for more money if I want it, or what?" The figure your lawyer showed you was fifty million dollars, correct?" Yes, and I thought I was rich when he told me." The fifty million figure indicates your personal wealth. That is the amount you have to pay taxes on personally, though our tax department has been filing all the tax returns for your parents and I strongly recommend you allow us to file for you as well." Oh absolutely. I can't count high enough to do this kind of return," I laughed and he joined me."The rest of your wealth is actually 'owned' by a small group of limited liability corporations. Profits from those corporations are invested back into them on a quarterly basis and for now the schedule is that on that same quarterly schedule, some of those profits can be returned as dividends to the shareholders. You are the only shareholder, so the LLC group will divert whatever amount is needed to refill your personal account. This is a thing worth doing.I think it is what I wish to do.When I tell Linda this she looks very surprised. She says it is difficult to become lawyer and takes many years of study. But then she thinks more.“Hugo, you’re really sure this is what you want?” she asks. When I tell her yes she goes to computer for a time and then returns.“OK, here’s what we do,” she tells me. “The first step is to get you into a college, you need an undergraduate degree. To do that you have to either graduate high school, which is impossible, or get a GED, which is a paper saying you have the equivalent of a high school education. And to get that you have to pass a test, a written test. One of those is scheduled in about six months, and you’ll need to bone up in a few areas, but I think we can make it.”When she explains further I must laugh. In this world all learning must be in strict sequence. First children are expected to spend twelve years of schooling to learn basic things. By this time they are.
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