"**Two hundred years ago the wealthiest people owned tracts of land and sprawling farms. One hundred years ago the wealthiest people owned massive factories and bustling production lines. Today the wealthiest people have big ideas that spread like wildfire**. We now live in a global economy that is largely intangible and centres on ideas. The successful people who make money and win the accolades are the people who have powerful ideas and can turn them into products. The most valuable commodity on the planet today is called ‘Intellectual Property’ (IP). The biggest companies on the planet are valued almost entirely on their IP." ([Location 1341](https://readwise.io/to_kindle?action=open&asin=B00NVQE4T8&location=1341)) --- **Tags** -- [[quotes]], [[client-service]], [[intellectual-property-law]], [[assets]], [[intangible-assets]], [[law-firm-business]] **Source** -- [[20250303112500 - B - Key Person of Influence]]