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By Kate Santichen
September 30, 2015

Dhirubhai Ambani, an Indian business tycoon who died in 2002, offered this explanation for his wealth: “guts and luck.” Economist Sam Wilkin, author of Wealth Secrets of the One Percent: A Modern Manual to Getting Marvelously, Obscenely Rich, says that tells you what you need to know about getting rich.

The strategies that are often pursued by the extremely rich are risky, and the super-rich are those who have had the luck to see their gamble pay off. “There are a lot of people who are left out who did not become super-rich,” says Wilkin. “Those are probably the majority of people who attempted.”

Advertiser Disclosure

The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

To find out more about our editorial process and how we make money, click here.

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