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

[Anonymous]

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

Yes to Norwood, then several (all?) boys STA. If I remember correctly, most recent girl Holton.

[Anonymous]

Anonymous wrote:

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

Yes to Norwood, then several (all?) boys STA. If I remember correctly, most recent girl Holton.

Now I see PP, and I think they’re right, it’s Stone Ridge

[Anonymous]

Anonymous wrote:

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.

You are a fool if you think there is an accurate track of DC billionaires. Talk about a group of people most able to obscure their wealth.

[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

I doubt this entirely.

[Anonymous]

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.

Is another lawyer couple around here better than a trust fund pair though?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

You are a fool if you think there is an accurate track of DC billionaires. Talk about a group of people most able to obscure their wealth.

The DC area isn't the primary home to many billionaires. We don't have the same high-end day schools here as they do in NYC or part of CA either, which is part of why people send their kids to elite boarding 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.

Yeah that’s exactly the UMC striver set we are talking about. The biglaw partner types.

Our STA class is dominated by CEOs and generational wealthy families with a few law firm types sprinkled in.

STA has extraordinary levels of wealth but also 40%+ of students on aid. They have the most generous financial aid in the DMV and a very high financial aid cut-off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

You are a fool if you think there is an accurate track of DC billionaires. Talk about a group of people most able to obscure their wealth.

The DC area isn't the primary home to many billionaires. We don't have the same high-end day schools here as they do in NYC or part of CA either, which is part of why people send their kids to elite boarding schools.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

You are a fool if you think there is an accurate track of DC billionaires. Talk about a group of people most able to obscure their wealth.

So…you are tracking the billionaires in DC? That’s weird.

[Anonymous]

They send their kids to the same private schools those of us in $2M houses attend.

[Anonymous]

Boarding school.

[Anonymous]

FWIW, the Marriotts send their daughter to Stone Ridge despite the fact they have buildings named after them at other private schools.

[Anonymous]

Boarding school in Connecticut - Like Taft

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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

Yes to Norwood, then several (all?) boys STA. If I remember correctly, most recent girl Holton.

Now I see PP, and I think they’re right, it’s Stone Ridge

This is correct.

[Anonymous]

It doesn't matter where on or two billionaires send their kids. Overall certain schools have a large percentage of very wealthy families. I would say those are NCS, STA, and GDS. Many many families have. more than one home. One home in DC and at least another summer home or winter home. They also bring in a lot of middle income families but still have many wealthy families.