# The Skills That Built Your Wealth Can Destroy It featuring TIGER 21's Founder

Page: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/the-skills-that-built-your-wealth-can-destroy-it-featuring-tiger-21-s-founder
Text version: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/the-skills-that-built-your-wealth-can-destroy-it-featuring-tiger-21-s-founder.md
Podcast: [Invest Like a Billionaire](https://stenobird.com/podcast/invest-like-a-billionaire-4346750)
Published: 2026-05-19T10:30:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/invest-like-a-billionaire/episodes/The-Skills-That-Built-Your-Wealth-Can-Destroy-It-featuring-TIGER-21s-Founder-e3jisdv
Audio file: https://anchor.fm/s/4e9bae1c/podcast/play/120205183/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-19%2F424446981-44100-2-178103511d1b9.mp3
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Duration seconds: 2966

## Resource

Most entrepreneurs know how to build wealth. Very few know how to keep it. In this episode, Bob Fraser and Ellis Hammond sit down with Michael Sonnenfeldt, founder and chairman of TIGER 21, whose members collectively manage more than $280 billion in assets. They discuss why entrepreneurs often become bad investors after a big exit, the mindset shift from builder to allocator, how the ultra-wealthy are investing today, and why time eventually becomes more valuable than money. Have more questions, or want more resources like a tax calculator? Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://investlikeabillionaire.org/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about our community. Check out Ben & Bob’s company and invest along at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/

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## Transcript

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