| Some posts make it seem very rare (which I’d expect), and others make it seem like every attorney in DC has twice this by age 40. We are 60 and our NW at this level is from a combo of inheritance and recent market growth. Not quite sure how we fit in. Country club members seem like they’re all regularly flying private to mansions Aspen, which doesn’t seem prudent even at this NW. |
| We have a low income but high net worth and we know we don't fit into the jet set, OP. We just live quietly among the middle class in MoCo. Once I met someone in our situation. He also lives quietly with his family in PG county. |
| There’s calculators for this online that use census data. You’re in the 98th percentile nationally based on NW and age. Adjusted for DC probably anywhere from 90-95% percentile. Our friends who regularly fly private (nice jets, not King Airs or Cessnas) are worth $100M+. Lots of quiet wealth in the middle in this area. |
| As a country club member I know very very few who fly private. It doesn’t take much to join a country club relatively speaking. |
| Not us. Late 50s, close to 5M NW including home. |
|
There’s a big difference between someone who made a ton of money and someone who inherited it.
People who make a ton of money are few and far between (I’m assuming if you inherited $10m that someone made $50m at some point). Then it just dwindles because of math if not people overspending. Even if you do nothing but steward that money, it halves or worse if you have more than one child. So ime most people who inherit are pretty conservative about spending it. |
| No, of course not. They are just more likely to post on threads related to high net worth. |
Same. Early 60s, about 8 including home |
|
AI provided this answer, although it is silent with regard to how many people have given levels of wealth and also post on this forum:
As of late 2025, the greater Washington, D.C. area is home to approximately 6,460 ultra-wealthy individuals (defined as having a net worth of $30 million or more), ranking it among the top 10 cities globally for this demographic. The region also boasts 28 billionaires as of April 2025. Key UHNW statistics for the D.C. region: Total UHNW individuals: ~6,460 ($30M+ net worth). Billionaires: ~28 (as of April 2025, per Forbes). Centi-millionaires: 88 (individuals with $100M+ in investable wealth). Millionaires: Approximately 28,300 individuals have $1M+ in liquid investable wealth. Growth: The area saw a 23.6% increase in the number of ultra-wealthy people over the past year. Key, affluent residential areas often include McLean, Great Falls, and Potomac. |
| A lot do, a lot don't |
| Only 1% of population is at 15M+ |
| No |
| We're $16M in NoVa and do not fly private, but do fly business <50%. Mortgage is paid off and 1 kid out of college with a good job. It's a very small subset of country club people who fly private when their company isn't paying. |
+1 |
| I can think of maybe 15 families we know. We are in Arlington, so some here, but two in DC (one billionaire), one in Fairfax county (I don't think this is that crazy there) and a few in Maryland. I really don't think this is that uncommon. Lots of business owners, bitcoin investors, heck even tech investors, people in finance, stock options, etc. The trick is not to spend everything you make. No everyone needs a $5m house, multiple luxury cars, lots of $25k vacations per year, private schools, expensive vacation home. |