A $600,000,000 Magazine Mogul Wrote THE Book About How to Get Rich (And Why You Don’t Want To)

Matt Karamazov
9 min readJan 29, 2024

A multi-centimillionaire dispenses a lifetime of painful, financial battlefield wisdom

📚 The Reading Life 📚

Let me ask you a question.

If you can actually count your money, are you truly rich?

The author of today’s book built a $600,000,000 publishing empire, spent approximately $100M of it on various “unsavory” activities, and wrote thousands of poems (yes, poems), before dying of throat cancer in 2014.

By the end of it, he honestly couldn’t tell you how much money he had; his team of accountants and advisors would all come up with different numbers, the “rich list” journalists would all venture guesses — but nobody really knew for sure.

In the words of the art collector and oil billionaire John Paul Getty:

“If you can actually count your money, you are not really a rich man.”

So yes, he then wrote a book entitled How to Get Rich, but the main question he brings up himself repeatedly in the book is:

Was it all worth it?

How to Get Rich is a business book — and a tremendously valuable one at that — but Dennis’s deep regret over how much time and energy he devoted to piling up way more money than he would…

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Matt Karamazov

🥇 The Most Disciplined Man on the Planet 📚 Read 1,197 Books in Just 10 Years 💪🏻 Strong Believer in Human Potential ⤵️ https://thereadinglife.beehiiv.com/