What does it take in terms of assets, abilities, and/or income for you to consider them wealthy?
It’s always “wealthier than us”, isn’t it?
But I’d say whenever you have no money worries, that’s wealthy. Like you could retire today if you wanted and not just survive but buy a new car or house if you wanted to, go on a long vacation, anything that just needs money to do is within your reach. Never have to say no simply because of money. That is what I define as wealth (financial wealth) and it’s different amounts in different places.
There are two thresholds that matter: “rich” is where you no longer have to really think much about money on a day to day basis, and “wealthy” is where you no longer have to work for a living. Both thresholds depend on your expenses and the lifestyle you’re looking for, I guess
I’d be a slight exception… I’m VERY MUCH not rich but I never think about money. I can’t afford a house and I would really love to have my own house…. I don’t buy many things, but when I do, I don’t think about it. I put everything on a credit card that gives me money back and I pay it off every month. I used to put 5USD of gurl in my car, and now I’m very thankful that I don’t think about filling my entire tank or going out for sushi.
Maybe someday I’ll have a house.
I was about to type something very similar, but switching words. “Wealthy” to me implies having enough wealth to not really worry. “Rich” makes me think of Lamborghinis and yachts and mountains of cocaine.
We need a new word beyond rich. Everyone takes rich as a personal achievable goal.
We need a word for someone who has more money than is healthy. An easy to use word.
They are so rich they no longer know the cost of things. They can’t relate to their neighbors. They no longer need to be a part of their community to survive.
Jeff Bezos is a
That’s a good one
If you could retire and have enough to keep you comfortably housed and insured until you’re 90, that’s wealth enough.
You’re not really wealthy until you can raise your own legion.
Bezos is not wealthy. He just has a lot of money. I can’t imagine he’s found any real happiness with it. Sure a brand new Ferrari every week can buy you some happiness, but that’s short lived.
The man has a serious mental illness that will not be addressed, because he has too much money and power for anyone to be allowed to tell him he’s ill.
Billionaires are a danger to themselves and others. They should be admitted into a mental hospital against their will and they should be treated until they are cured.
This isn’t even a “CEO bad” joke. I honestly believe it’s a mentally disorder. Or maybe a specific mix of different disorders and unfortunate environments, circumstances and enablers.
What’s your take on Elon…I know mental illness, but I saw somewhere that his gaming account that was almost #1 got banned and all I can think is he’s obsessed with being no1
I’m not sure it’s quite the same level of blatant disregard for human life, or life in general, that Bezos has. Elon has different issues than Bezos, but definitely something unhealthy and dangerous about his behaviour as well.
The tiers for me are: Doesn’t worry about money -> Doesn’t work -> Can afford a US senator to protect money. There are not titles for this kind of thing.
Depends entirely on where you live. In my part of the world, a decent 1800 SF house goes for around $1.5M.
I first thought 1800 SF house was referring to the painted ladies and thought the price way too low.
Second house is immediately qualifying.
Second?
I know where you’re coming from, but my mortgage-having peers are often little better off than I am. Though I suppose neither of us technically own a house.
In general I would say you’re rich if you could stop working and live a life where you never want for anything
Someone for whom the normal and inevitable experiences of suffering (illness, death in the family, natural disaster, etc) have no real economic consequences.
Anyone who has strong opinions about new video games or a favourite Tiktoker is wealthy
What?
Relative to the globe. What you’ve observed isn’t statistically normal.
Well if these pedons ain’t working but wasting their damn time playing video games and jerking off on tiktok, they must be rich
Also, did you know that iPhone costs 1k 🤡
You can cure rich with a weekend in Vegas, Wealth is terminal.
Shit, for the obscenely rich, a green plumber can cure that.
A wealthy man has no bills
My definition for myself to be rich is:
I have enough money that I can pay someone(s) yearly wage to manipulate my wealth into enough money to cover their salary and then some.