Comment by nartho
8 hours ago
How wealthy are the wealthy folks you know ? a quant or faang principal engineer making 1.5-2 million/year is wealthy and worked hard to get there (although, luck is still a big part of it) yet they're much closer in wealth than a fast food employee than they are to the super rich. Someone who has accumulated 50 millions of assets is wealthy, yet they'll never afford a super yacht or the lifestyle that billionaires can afford.
the principle engineer may have a lot of money but also still has a job with a boss and thus probably still hears (or know they can potentially hear) "no".
Multi-millionaires (not billionaires), but they are business owners and finance folks.
They own a mansion and a yacht (Bugs Bunny reference).
But you are correct. Different orbit from the ultra-wealthy. They still hang out with plebes like me.
However, if this happens to these folks, then you can bet that it also happens to the next valence level.