Richard Nii Armah Quaye, the CEO of Bills Micro Credit, has shared insights into why he waited until his 40th birthday to make significant luxury purchases, including a private jet and a $3 million Bugatti Chiron.
In a recent interview with Bola Ray on the show Revealed, Quaye revealed that, despite being a multimillionaire by the time he turned 30, he chose to hold off on extravagant purchases until his investments had matured further.
According to Quaye, by his 30s, he had already achieved financial success and could have afforded to buy luxury items at that time.
However, he opted to wait, wanting his investments to grow even more before making such high-end acquisitions.
This strategic decision ultimately allowed him to enjoy his wealth even more as he celebrated his 40th birthday with significant purchases.
Although Quaye refrained from sharing the exact cost of his Gulfstream jet, Bola Ray noted that similar models typically range between $20 million and $100 million.