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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

This is one anecdote. I know 3 billionaire or very near families and all of their kids go or went to the schools above.

Sure, Jan.

If you don’t know you better ask someone.

[Anonymous]

Anonymous wrote:Where did the Marriott’s all go? Holton, Norwood?

One is at Stoneridge now.

[Anonymous]

Anonymous wrote:100% agree with Landon poster that the $6-8M homeowners are, like the rest of us, sending their children to a range of local private schools for all the reasons listed here’s by other parents. And, yes, there are plenty of ultra wealthy at Big3/5 too. It’s just a range. What I’m calling BS on, however, is that there is any statically significant number of such families sending their child to publics IN THIS AREA (looking at your Beverly Hills poster). Do not believe that that is happening in this area for a single minute.

Yeah, I think the Malibu/BH set of very wealthy/celebrity parents know their kids will be taken care of by their own family money and don't care for either the commute or the rat race that everyone else finds themselves in for 30 spots and 300+ applications per school x however many schools you need to apply to from an odds perspective.

Beverly Hills is closer to some of the private schools but Malibu = you/your nanny/the bus is taking your kids through traffic to and from private schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is ridiculous, they definitely go to private schools here. The super rich I know go to St. Albans, Landon, NCS, Sidwell, and boarding schools.

Agree with this. My kids are at STA and NCS and I have been to many homes that are worth more than $4 million and countless worth over $2.5.
Most of this money is self-made by highly educated, smart people. Smart people generally (not always of course) have smart kids.
I get the relfex to say "oh, they're all a bunch of trust fund idiots" but no--I find that at these schools they're usually a pair of Harvard law grads with undergrad degrees in math and history from Stanford.

The conclusion from this thread is that some wealthy people send kids to STA/NCS, others send their kids to minor private schools, some send theirs to public schools.

FYI I wouldn't necessarily place $4M houses in the category of the superwealthy. That's law firm partner bracket.

$10+M house and now you're talking. That's successful founder of a tech company that sold out to Amazon.

There simply aren't that many $10million+ homes in the DMV. An even smaller number have school-aged children.

Mclean is full of 10+M homes.

[Anonymous]

Anonymous wrote:Where did the Marriott’s all go? Holton, Norwood?

St. Albans. Marriott Hall named after them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Yes this is exactly right. My kids attend a private that is constantly looked down upon on DCUM and it has many astonishingly wealthy families. They aren’t worried about impressing any of the strivers like the people who post frenetically on this board or the college one. I think more than anything having money is of course nice because you can afford very nice things, but really it gives you freedom from constantly worrying about impressing others. You can choose the school that is right for your kids rather than impressing the neighbors.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:100% agree with Landon poster that the $6-8M homeowners are, like the rest of us, sending their children to a range of local private schools for all the reasons listed here’s by other parents. And, yes, there are plenty of ultra wealthy at Big3/5 too. It’s just a range. What I’m calling BS on, however, is that there is any statically significant number of such families sending their child to publics IN THIS AREA (looking at your Beverly Hills poster). Do not believe that that is happening in this area for a single minute.

Totally agree. I live in 20817 Bethesda. Virtually nobody who lives in even a 3 million dollar + home does public in our area. At our country club close to 90% of the member kids go to private schools.

Why have all this money and send your kids( the most important people in your world) to a government run school?

This!

My neighborhood has homes 2.5M-6M and I don’t know anyone who sends their kids public. The range is Big 3 to small catholic, and all types of private schools between. I do know a few families at the country club who have their kids in public schools, usually a selective public or a highly regarded one. Some of those families will do boarding school for high school though. Wealthy people spend their money on their kids and that means private school, lots of extracurriculars, sleep away camps, good quality childcare (often nanny or SAHM). Not all of them buy flashy cars or clothes, but nearly all spend on their kids.

It’s true. They spend on their kids. There are exceptions and some people are believers in public school but agree we live in a neighborhood that homes start at 1.5 million for smallest starter and most everyone sends to private definitely for middle and highschool. A handful public elementary but rare.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

I love DCUM for posts like these. You have $100 million and live in a $10 million home yet you don't feel rich. And the "strivers" only make $2-4 million a year? Please give me a break. You are all doing fine and you should be proud of it.

Maybe I had a stupid idea about a consumer product and ended up with sales over $980 million. Big deal. I am not smart but figured out how to build a "better mousetrap". We have money but came from humble beginnings.

My kids have chosen where to go to college, mostly on their own. After small privates, they wanted to go to big State U's. Good for them. They are having a good time and making friends.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

This is one anecdote. I know 3 billionaire or very near families and all of their kids go or went to the schools above.

I know a billionaire who sent his children to one of the above schools. His children now refuse to send their children to the above schools

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

This is one anecdote. I know 3 billionaire or very near families and all of their kids go or went to the schools above.

I know a billionaire who sent his children to one of the above schools. His children now refuse to send their children to the above schools

Those schools were probably too academically competitive for them. Burke, Bullis, and Field would have probably been more appropriate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

This is one anecdote. I know 3 billionaire or very near families and all of their kids go or went to the schools above.

I know a billionaire who sent his children to one of the above schools. His children now refuse to send their children to the above schools

Those schools were probably too academically competitive for them. Burke, Bullis, and Field would have probably been more appropriate.

Who exactly are the children of billionaires competing against and why?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is a sizable number of families that have significant wealth that don't live in the $8M mansions in Normanstone-Woodley. They live in their "normal" $2M homes in AU Park, Chevy Chase, Kent, Berkeley, Spring Valley that they bought when their kids were younger and have stayed in their homes. One parent is a big law parter bringing in $2M+ a year for over a decade, the other is a SAHM or works for a non-profit/NGO/school/university. They have 2-3 kids attending private school, donate regularly to the school(s), have a second home that they don't need to rent out, and generally live unremarkable lives. The families that splash out aren't necessarily the wealthiest in DC--that's just not the DC vibe. Educational pedigree and low key striver are the hallmarks of this set.

Blah blah blah. Every city has this low key wealthy demographics. We're not talking wealthy. We're talking about genuinely rich. Maybe they only have a 4-5M house in DC but they'll have a 10 M house on Nantucket. Plus a 25M house in Miami. And Aspen. And London. There's an entire different milieu of wealth that most of you have no real exposure to and have no real idea how they live.

Look, having 10M in the bank and a 2M house in CC plus a 1M summer house on Cape Cod (maybe now worth closer to 2M but you paid 1M for it ten years ago) is entirely different from having a net worth in the hundreds of millions into billions. Even just 100M is wholly different from low key gentry Chevy Chase.

The very wealthiest DC family I know inherited about a billion. They live in a lovely, but not $10 million, home in Spring Valley. But that's just one of their homes around the world. Their children have gone to three private schools in the area, which I will not name because I wouldn't dream of outing them. However, none of them went to STA, NCS, or Sidwell. The truly generational rich are much less striving than the law firm partner class.

This is one anecdote. I know 3 billionaire or very near families and all of their kids go or went to the schools above.

Sure, Jan.

If you don’t know you better ask someone.

I think it is hysterically funny that one person says she knows a billionaire, so immediately someone else has to say “well, I know three.” Three? With school age children? In DC? There are only a dozen billionaires in the entire DC area to begin with! It’s just so very DCUM.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Where did the Marriott’s all go? Holton, Norwood?

St. Albans. Marriott Hall named after them.

Isn’t there a Marriott Hall at Bullis, too?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:100% agree with Landon poster that the $6-8M homeowners are, like the rest of us, sending their children to a range of local private schools for all the reasons listed here’s by other parents. And, yes, there are plenty of ultra wealthy at Big3/5 too. It’s just a range. What I’m calling BS on, however, is that there is any statically significant number of such families sending their child to publics IN THIS AREA (looking at your Beverly Hills poster). Do not believe that that is happening in this area for a single minute.

Totally agree. I live in 20817 Bethesda. Virtually nobody who lives in even a 3 million dollar + home does public in our area. At our country club close to 90% of the member kids go to private schools.

Why have all this money and send your kids( the most important people in your world) to a government run school?

This!

My neighborhood has homes 2.5M-6M and I don’t know anyone who sends their kids public. The range is Big 3 to small catholic, and all types of private schools between. I do know a few families at the country club who have their kids in public schools, usually a selective public or a highly regarded one. Some of those families will do boarding school for high school though. Wealthy people spend their money on their kids and that means private school, lots of extracurriculars, sleep away camps, good quality childcare (often nanny or SAHM). Not all of them buy flashy cars or clothes, but nearly all spend on their kids.

Country clubs are a lot less than private schools. Having 2 kids in a top private is the same as paying the initiation fee to chevy or congressional every year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Where did the Marriott’s all go? Holton, Norwood?

STA.

There was a Marriott at STA when I was at NCS, many moons ago in the early 90’s.