Where do the people in the $6/7/8m+ mansions in send their kids?

[Anonymous]

We did St Albans for one child and the other two were educated overseas.

[Anonymous]

I will also show my tax return so you have a complete picture of all my decisions

[Anonymous]

Depends on the child.

[Anonymous]

Anonymous wrote:Boarding school

Boarding school offers much more than day schools.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:The richest people I know don’t send their kids to “big 3” or similarly recognizable schools. Idk why, and I was surprised by it.

bullis

For one they probably could get not accepted into the Big 3. Also Bullis is in Potomac and there is a lot of wealth there and why would you send your kid 30-40 minutes away every morning when you have Bullis right there. It is not a top 5 school but it is a good enough school for many and the facilities are quite nice.

There are also *gasp* former Big 3 students who transfer to Bullis too. Many because of proximity to their home or wanting a different less pressure cooker high school experience.

[Anonymous]

Anonymous wrote:There are so many privates in moco/dc! Which ones have the wealthiest populations?

Cathedral schools

[Anonymous]

Anonymous wrote:

Anonymous wrote:There are so many privates in moco/dc! Which ones have the wealthiest populations?

Cathedral schools

It is not flashy type of money overall with a few exceptions. Lots of wealth there and some of the wealthiest families I know there have more modest homes but you can see their philanthropic donations pop up frequently everywhere.

[Anonymous]

Anonymous wrote:NCS, Holton, St Albans, Landon, Madeira, Sidwell, Georgetown Prep, etc or boarding schools. Ocassionally they just go to whatever their zoned public school is, so usually Whitman, Churchill, McLean, BCC...

I went to NCS and there were no outrageously wealthy students there.

I went to St Andrews Episcopal, where we had Dan Snyders daughter and Trumps son Barron went there for a while. It is not for the brightest students though lol.

My private schools in England educated the Abromovich daughters, Andrew Lloyd Weber’s son, and the Rausing Tetrapak daughter (family is worth like 26 billion)

I assume most of the uber wealthy are in NYC or California though.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:Public s hook that’s why we have that kind of money and if we do private it’s boarding there are no awesome privates in the DMV.

My peers send their kids to public and places like Andover not DMV privates that are worse than public in science and math.

No one with real money sends their kids to religious privates lol 😂 they want their kids educated fully no half assed with religion as a priority

Take a look at the student roster at Prep and Stone Ridge...more than few families with net worths from 100 million to close to a billion...think Marriotts.

The Marriott patriarch is a billionaire. His kids aren't.

The Marriott patriarch is dead. Both of his sons are billionaires.

[Anonymous]

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Anonymous wrote:My kid is at Norwood. She’s one of the few kids in her class who doesn’t live in a huge house in Bethesda, Potomac, or Chevy Chase.

We went to a party on Saturday at a family’s house. It’s a 7,200 sq ft home.

My kids are also at Norwood and we live in one of those houses.

It’s not what this thread is talking about - houses that cost $5M+ in Bethesda/Potomac/CC are small estates with 10,000+ sqft and a guest house. I have a friend who lives in that kind of house and she has multiple staff.

My kids think those houses are big. While there are some kids at Norwood in those houses (probably at most of the schools in the area) it’s not typical.

lol ok. Your kids need more perspective. You live in a mansion.

We live in a 3,000 sq ft townhouse. Your kids probably would think we live in a shack. Ironically, our HHI is north of $1 million. We just don’t feel the need to have a ridiculous house.

Weird of you to flex a tiny house. Some of us have bigger needs.

No one needs a 5,000+ sq ft house.

It’s wasteful.

Some of us absolutely do. How clueless you are.

Explain to me why you have to have a 5,000 sq ft house.

Some of us regularly have to entertain large parties as part of our jobs.

Some of us have frequent house guests or multi-generation households.

Some of us have larger houses to more easily avoid family members.

Yeah, most of the families I know who have houses that big don’t fit into the top 2 categories. And the third one is just sad.

We all want to avoid family members sometimes. Like when your kids have friends over, or when you have work that needs to get done, or when relatives are visiting.

Sad that non-tiny houses bother people.

It’s so wasteful. Also, no one needs a 5,000+ sq ft house to have space from family members.

Lastly: 3,000 sq ft isn’t tiny. If you think it is, you’re delusional.

If you have the money and it's your thing, why not.

I'm wealthy, like 20 million. If I had an extra zero in my net worth I would do a time share on a G-5 Jet, why not. But I don't have that kind of net worth, so no private jet. I do have a big house, private schools and multiple European Vacations every year.

So in your book, you say “screw it” to anyone else. Private jet that spews crap into the air? Sure.

Big house that you’ll buy lots of crap for, which will eventually go into a landfill? Sure.

It’s all about what you want.

You should be more respectful of Senator Sanders, his large homes and his private jets.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:The richest people I know don’t send their kids to “big 3” or similarly recognizable schools. Idk why, and I was surprised by it.

Many ultra-wealthy people don't care about the brand of high school their kid attends. You'll find the most desperate brand-chasers among the upper-middle class, people who are on the periphery of elite status, but not quite there.

When you live in a $8 million mansion, it doesn't matter where your kid goes to school. They're set.

The richest family I know (worth over $100 million) was heavily sought after by every top school in DC and chose Landon because they liked the campus environment and culture.

Spot on. There's a level of generational wealth where it really doesn't matter where you go to school. The same thing applies to college. These kids are not grinding at St. Albans or NCS and gunning for Yale or MIT. They're very happy to go to Miami or an SEC school because it's fun. Studying hard is for the proletariat and people that go into the trades.

It is true that generational wealth allows families to find a fit and not worry about prestige....but to say they aren't at Big 3 or Ivy bound in naive. These kids do attend Big 3 schools and boarding schools with prestige, and sometimes they are getting high GPAs...but because of their connections, sometimes they aren't grinding it out in the hardest classes....and yet they still go to Ivy league schools because of wealth and connections.

Probably depends on how the family acquired its wealth. Inherited, or made from a “workaday” business like real estate, construction, oil, agriculture, etc? They probably don’t care about grinding to get the prestige colleges. But if the family is wealthy from finance, etc, then they may value it more since their careers depended more on that pedigree

[Anonymous]

Maret, Potomac

[Anonymous]

Anonymous wrote:There are so many privates in moco/dc! Which ones have the wealthiest populations?

Beauvoir, NCS, and STA

[Anonymous]

Anonymous wrote:

Anonymous wrote:There are so many privates in moco/dc! Which ones have the wealthiest populations?

Beauvoir, NCS, and STA

Also lots of old wealth at the Cathedral schools so a lot of wealth but not necessarily flashy large homes. Some are very wealthy but live in less expensive homes but you can see they are wealthy ie: lots of philanthropy, board memberships etc... full pay college - donors etc...

[Anonymous]

Anonymous wrote:The richest people I know don’t send their kids to “big 3” or similarly recognizable schools. Idk why, and I was surprised by it.

agree. bullis and norwood has a ton of multimillionaire families who don't care to drive south more to DC commuter traffic twice a day.