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Tag: how rich is rich

Divorced from reality – part 2

Twitter has been awash with memes and posts on the recent divorce announcement of a tech mogul.

No more comments on that.

But one thing that did come up was an interesting thread written on the “gradations of the rich”. The premise is that we usually think rich = awesome = same benefits. But one guy has gone into more detail. All ‘rich’ is not equal. Pretty interesting:

  1. Net worth US$ 10m to 30m – all needs met, fly first class, 4/5 star stays, some business stress, not yet ultra HNI
  2. NW US$ 30m to 100m – fly private jet, multiple global residences, own big company, own cool cars, socialize with elite
  3. NW US$ 100m to 1bn – all of above + socialize with movie stars, corporate elite, any car you want. But very hard to find family and friends who love you for who you are, i.e. irrespective of your money
  4. NW US$ 1bn+ – You can literally buy access, influence, experiences, impact, respect and even time (by saying no to things/anyone that were otherwise not possible). But even at this level, one thing you cannot buy is love. Why? Because to love someone means to sacrifice for that person. But all the money you have means you never need to sacrifice anything. Probably explains why the top 10 richest people in the world have 13 divorces amongst them

In any case, it is not easy to be at the top of this list, always having to look over your shoulder. Thoughts?

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