If you’d like professional guidance from a SEBI-registered financial advisor, please fill out this short form - https://topc.typeform.com/cfo-yt We currently advise portfolios worth ₹1,200+ crore, helping people work towards financial independence. Connect with Deepak: https://sprect.com/pro/deepakvazirani If insurance feels confusing and you want reliable guidance, this trusted resource can help you choose what’s right for you: https://bookings.onepercentclub.io/pillow-insurance/?utm_source=Youtube In this episode, we sit down with Deepak Hiro Vazirani, a wealth manager who has handled over ₹1600 crores and worked closely with celebrities and large business families. Instead of talking theory, he breaks down how wealthy people actually think about money. His own portfolio is split 50–50 between real estate and equities, and he explains why stability matters just as much as growth. He shares lessons from meeting Rakesh Jhunjhunwala, insights from the 2008 crash where he personally lost heavily in stocks, and why many high-net-worth individuals still prefer hard assets like property. From luxury homes in Mumbai to redevelopment potential and commercial real estate strategies, he explains how the rich use leverage, patience, and timing to build long-term wealth. The conversation also goes deeper into topics most people usually ignore, such as wills, trusts, succession planning, insurance structures, and tax strategies used by business owners. Deepak explains why wealth preservation becomes more important than wealth creation at higher levels, why keeping cash ready is powerful during market corrections, and why many serious investors stay away from speculative assets. This episode is not about shortcuts or hype. It is about understanding how disciplined allocation, smart structuring, and long-term thinking separate those who build wealth from those who simply earn money. Deepak’s LinkedIn: https://www.linkedin.com/in/deepak-hiro-vazirani-62852725/ — Subscribe: The 1% Club: YouTube: https://www.youtube.com/@FWSClips0 Instagram: https://www.instagram.com/onepercentclubshow/ LinkedIn: https://www.linkedin.com/school/the-1-clubfws Sharan Hegde: Instagram: https://www.instagram.com/financewithsharan/ LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter/X: https://x.com/financewsharan – Sharan Hegde is a personal finance creator & founder of the 1% Club, simplifying money, markets, and mindset for India’s next generation of wealth builders. – Timeline: 00:00 Precap 01:16 - Setting context for the podcast 02:03 - Welcoming Deepak Hiro Vazirani 02:29 - Why is he bullish on real estate; his asset allocation 04:59 - Meeting Rakesh Jhunjhunwala 07:09 - Why are HNIs buying houses worth 100 Cr+? 09:21 - Hidden investments of B-Town and art collectors 12:46 - How did SRK become a billionaire? 15:56 - Mind-blowing math behind Madhuri Dixit’s house 20:43 - Do HNIs care about mutual funds? 21:33 - Deepak’s learnings from the 2008 crash 25:33 - Rest of his asset allocation 26:55 - What is an HNI’s biggest concern? 29:57 - Importance of making a will as a common man in India 37:11 - Why life and term insurance are a MUST 44:23 - Can you take a loan against stocks like Elon Musk? 51:34 - Rapid Fire 01:01:11 - Ending notes