What defines "super rich"? (user search)
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  What defines "super rich"? (search mode)
Pages: [1]
Poll
Question: see definition
#1
$1M net worth
 
#2
$5M net worth
 
#3
$10M net worth
 
#4
$20M net worth
 
#5
$50M net worth
 
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Partisan results

Total Voters: 15

Author Topic: What defines "super rich"?  (Read 4351 times)
opebo
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« on: November 14, 2011, 12:12:55 PM »

But ultimately rich is subjective. And super is subjective. A comfortable living is subjective. So you can't answer the question.

Actually the question is better understood as referring to a position in a power hierarchy, Wonkish.  It is rather similar to being a duke or a count in the preceding power hierarchy.
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opebo
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« Reply #1 on: November 15, 2011, 03:46:21 AM »

That's not how it works. People don't tap their investment pool while they are working.

Net worth is really, really, really, really age dependent. It has so much to do with compound interest and the length of years someone has been making contributions. So $2 million at age 30 is a ton. $2 million at age 65 is actually not that uncommon at all.

Um... Wonk, the super rich never 'work' and none of their family members have worked in generations.  It is a leisure class you see, for whom others toil.  To imagine a rich toiling is as absurd as to imagine a serf on a yacht wearing a cravat.
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opebo
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« Reply #2 on: November 15, 2011, 05:22:27 PM »


Well, I also haven't any of those (and I don't think I'm the only poor like that), but I haven't the power to victimize anyone.   Sigh.
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opebo
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« Reply #3 on: November 16, 2011, 02:52:32 AM »

High amount of non-labor income is the solution.

Well, after all, it is still 'labor income' - just someone else's labor. 
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opebo
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« Reply #4 on: November 16, 2011, 11:23:25 AM »

High amount of non-labor income is the solution.

Well, after all, it is still 'labor income' - just someone else's labor. 

This quite neatly sums up your complete lack of knowledge.

Young whippersnapper, 'knowledge' has nothing to do with a difference of opinion.  We all see the same miserable charnel house, you just happen to like it.
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opebo
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Posts: 47,009


« Reply #5 on: November 16, 2011, 01:57:38 PM »

I do like being a whippersnapper. The ring of it is quite nice - conjures up the image of someone who is a snappy sort of fellow.

Actually I had no idea what it meant but the urban dictionary suggests it has something to do with your snappy dick!
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opebo
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Posts: 47,009


« Reply #6 on: November 18, 2011, 03:45:03 PM »

Basically, when you are rich, you live in a world of porsches, Rolexes, beamers, Criss Crafts, Bayliners and a private house or penthouse on the beach.

When you are super rich, you live in a world of Bugatis, Rolls Royces, Audimars, Gulfstreams and your own private floor or island.

Well, maybe, but I'm sure lots of the super-rich live much more modestly than you are describing.   You make a valid point about the mass-produced 'luxury' lifestyle of the merely rich in contrast to the essentially hand-made-to-order privilege of the super-rich, but the most important fact about either group is their power over fellow humans, not their attire or chattels.
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