Best way for a normal person to become a multimillionaire?

There has never been a "normal" person who has gotten to a net worth of 100M. That is why it is the 1% - some sort of abnormal luck or talent or both has to be there.

There are many normal people who have gotten to 1M though.

A "normal" person is another way of saying a person without talent, such as acting or athletic talent, you might as well rule out "intellectual talent" (aka intelligence) as well because inventing a product or something like facebook takes a lot of that as well.

Economics 101 tells us that the only way to make tons of money apart from talent is to take big risks. For example, betting $28k on a single number in roulette is a fast (almost instant) way to $1 million that is within the reach of the "normal" person, but is clearly very risky. Very risky endeavors that are popular for "normal" people looking to make money are often criminal. That is because going to prison or getting killed by other criminals or the cops is very very high risk. But, if you can smuggle enough cocaine around, you can make a ton of money, if you don't get caught (i.e. you don't lose your roulette bet). But, high risk is very stupid. Do not break the law. You probably will get caught. So the short answer is--dont pursue money, pursue your passions.

Become a billionaire and buy a yacht.

Make a lot of money

Live way below your means

Lots of time to compound money

Most "easy" ways to money coincide with questionable ethics. Hard work can get you a long way but it needs to be paired with a lot of self-discipline, smart moves, and, deliberate, conscious choices. These include but are not limited to: saving, choosing to do without, taking smart, calculated changes, using YOURSELF as the greatest piece of capital you can invest, living WELL BELOW your means and NOT making money the end and be all of life. I speak from the perspective of having watched my parents make a lot (read 20 million range) and losing it all. They are probably millionaires again when you include all they own, but, are both hard-working, industrious, and, make a lot of their own luck. If you don't have access to money, you either have to organically earn it (a very slow process) or associate yourself with others (people or companies) who give you an opportunity to become part of the wealth holders. Personally, I prefer to stay in lower-stress situations than have the money. I've seen money destroy too many people. As is written, "First, help me never to tell a lie. Second, give me neither poverty nor riches! Give me just enough to satisfy my needs. For if I grow rich, I may deny you and say, "Who is the LORD?" And if I am too poor, I may steal and thus insult God's holy name."

I don't think most well-above average people are going to be able to make 100 million dollars.

Buy a winner Powerball ticket

Create a crappy "cloud-based web application", pitch it to VC's that don't actually know anything about programming, then sell it for any amount you want.

A life of crime can be really hard work, in addition to the high risk. Plus, you probably aren't going to make $100 million off drugs or other criminal enterprises.

Its not that hard. When you are young, start a business that you are passionate about and that provides a service or goods that are in demand. Be fair with everyone you deal with and live below your means!(important) In 20 or so years you will be there. Its that easy!

Have thrifty parents that bought a single family home for 50k back in 1955, 40 years later that same home is worth 375k, parents made great investments and never touched the money and you be an only child.........you will inherit a lot of cash from parents and if you want to throw in the fact you had a sucessful uncle that never married and leaves a portion of his estate.....worked for me.....I made 80k next year/wife close to 70k and will retire by 40 (5 years from now)a multi-millionaire.....ready to travel the world....

okay...i see you said 100 million......about 8% of that but not complaining....

to inherit 100 million you need to be old money....

I didn't see the 100mil goal either. I was thinking 3-10. No idea.... good luck with that!

There's a big difference between a multimillionaire and someone worth 100 million. A dentist can easily be worth millions by retirement. That's probably your best bet to become wealthy.

For a hundred million you'll have to find a way to cheat in the lottery or get outrageously lucky in the stock market.

Ok for a straight answer, the few people I know that have more than $1M and didnt start out rich and get their money the old fashioned way (inheriting it) were people lucky enough to work in upper management of a company that offered stock options. When the company went public, they made a mint.

stock market is one way

from the dot com era lets start with 100k in roth ira

buy amzn in 1997 70,000 shares at 1.40 per share split adjusted sell in 2008 70,000 90.00 per share = 6.3 million

buy invest 6 million into nflx 30 bucks a share 200,000 shares sell at 250 bucks a share in 2011 = 50 million bucks all tax free

marry money

play the lottery

none of the above are any good because the money is not earned

The people who earn alot of money usually value the action of creating something useful more than the money

provide a service to a lot of people.

marry rich

Such as bjs or hjs?