Jan 28 2025 41 mins
What if chasing curiosity, not cash, was the key to a richer, more fulfilling life?
Peter Wokwicz turned his relentless curiosity into a $500 million fortune—and found happiness along the way.
Peter didn’t build his wealth by following the typical playbook. Instead of just chasing cash, he let his curiosity lead the way—and it’s resulted in over 40 successful exits, groundbreaking innovations, and a life that’s anything but boring. Now, with a thriving family office and a long list of projects, Peter spends his time doing what excites him most and making an impact in the process.
In this episode, Peter reveals how leaning into curiosity can create more fulfillment than any paycheck. We dive into:
- Why passion, not profit, is his ultimate driver—and why chasing money alone will leave you empty.
- How he uses his wealth to create a playground for innovation and exploration.
- Why staying curious has helped him avoid burnout and find happiness in both work and life.
- His take on “failing fast,” embracing risk, and why speed is his secret weapon.
This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.
This interview was done by show-correspondant Andrew Namanny. You can listen to his podcast Permission to Shine here.
Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
Check out Sam’s Companies:
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.
Chapters:
Peter's Financial Overview (03:16)
Peter's Early Curiosity and Career (05:04)
The Value of Equity Over Cash (07:33)
Peter's Investment Strategy (10:10)
The Role of Velocity in Success (13:21)
Peter's First Big Exit (14:50)
Creating a Playground for Innovation (16:38)
The Family Office and Its Philosophy (19:21)
Embracing Failure and Innovation (20:52)
AI and Music Preferences (22:19)
Venom Labs: Medical Breakthroughs (23:21)
Team Structure and Incentives (24:38)
Blending Business with Personal Life (26:36)
Philosophy on Inheritance and Happiness (31:29)
Final Thoughts and Encouragement (34:42)
This podcast was produced in partnership with Lower Street and distributed by Morning Brew.