#132 - A Simple Email Hack That Generated Millions, The World's Cheapest Billionaire, and A Simple Startup Idea No One Has Done

**Sam Parr** (0:00)
All right, everyone, we have a quick ad for HubSpot. Sales super teams aren't built overnight. They require unicorn-level talent, endless training, huge budgets, and lots of luck.
Or you could just use Sales Hub from HubSpot. It's an all-in-one platform built with all the tools for your success.
Smarter prospecting? Check. Faster revenue? Yup. Scales with your team? Sure does. But in Sam's speak, I'm going to put it way simpler. Just go to hubspot.com/sales and it will make selling easier, faster, and more efficient. hubspot.com/sales.

**Shaan Puri** (0:52)
All right, what up, Sam? We got a Thanksgiving special episode. Other people would take the day off, but that's not how we roll.

**Sam Parr** (1:02)
What's going on?

**Shaan Puri** (1:02)
To be honest, we were like one minute away from taking the day off, but Sam said he's got something big to discuss, so I'm excited.

**Sam Parr** (1:07)
Ah, well, I don't know. I don't wanna, it's a little different, but.

**Shaan Puri** (1:11)
You can't unhype the hype, I already hyped it.

**Sam Parr** (1:13)
Okay, so, Shaan doesn't know about what I'm gonna talk about. It's not big, but we'll see if you have anything to say about it. Okay, I wanted to talk about a couple of things, okay?
So I'm really interested in a few things. Family wealth, so there's a book called Family Wealth, not that I'm even implying that I have family wealth. I'm just, it's just a topic that it, like the idea of how someone can have something and pass it down, like anything that lasts 100 years kind of interests me.

**Shaan Puri** (1:40)
Right, the Parr dynasty.

**Sam Parr** (1:41)
Yeah, and so like, I like buildings that last a long time. I'm reading about wealth.
I'm also interested in books written about business that are already from like crazy successful people who don't care if you read or not. So like, you know, not like people who get rich writing about getting rich.

**Shaan Puri** (2:00)
Yes.

**Sam Parr** (2:00)
There's this one book that I came across and it's by a guy that's incredibly fascinating to me and it's called How to Be Rich and it's by J. Paul Getty.
You know who that is?

**Shaan Puri** (2:09)
Well, Getty Images, is that who that is?

**Sam Parr** (2:11)
No, that was his grandfather. So this is why, that's why it's interesting is because Getty Images is a...
Getty Images, I don't know what they're worth. They could be worth like $20 billion. They do a billion a year in sales. I don't know what that's worth, but it's because it's a privately held company.

**Shaan Puri** (2:26)
And I think Getty Images is just a part of it, right? They have like kind of a broader empire, right?

**Sam Parr** (2:31)
That's why it's interesting. So let me tell you the background about the family. So J. Paul Getty died in the 70s and in the 60s, the 50s and 60s, officially in the 60s, he was the richest man in America.
He wasn't quite like the Jeff Bezos, but kind of. He didn't have that same, the world didn't view him kind of in the same light. He was known as being a lot more stingy and a lot more greedy.
Whereas Bezos definitely gets that, but a lot of people are like, yeah, he's so smart, he's brilliant, whatever. He was a little bit different. And it started because J. Paul, I think people call him J. Paul or John Paul. I don't actually know what they call him.

**Shaan Puri** (3:06)
I call him JP, but yeah.

**Sam Parr** (3:07)
JP Getty, I think. I don't know what they called him back then. But anyway, his father was an insurance guy who somehow worked his way up and hit it big by buying an oil field for a relatively small amount of money. And it worked out so where the father died with around the equivalent of $100 million. His father died with a net worth of like $10 million, which now is about 100 million. So incredibly wealthy. And before he died, he gave John Paul $10,000, which is about the equivalent of 150K.
And John Paul bought an oil field at age 21, which turned into multimillion dollars. And then what he did was he learned Arabic and he was the first kind of American to go over to Saudi Arabia. You know, Saudi Arabia was founded, I think, in the 30s, like the modern day Saudi Arabia founded in like the 30s, 40s. I believe it's brand new.
And JP made buddies with the with the king. I guess that's the proper title.

**Shaan Puri** (4:04)