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Reply to "How do people afford 5 million + homes?"
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[quote=Anonymous][quote=Anonymous]In my circle, everyone at that level started a business.[/quote] My kids attend a private school where it feels like most people own $4 million+ homes and many have $3 million+ vacation homes as well. The wealth can be staggering. These families either make $1 million/year for many years or inherit a lot of money. There are tons of people like this around here. Many who make $20+ million/year. how? -finance -equity/senior partners in big law -business owners (tech, healthcare consulting, etc). -C suite jobs at big companies. There are also a ton of people floating around here who have inherited money. they work well-paid but not super well-paid jobs or maybe they don't work at all. They have a trust or received a lump sum of a few hundred million. It's not uncommon. [/quote]
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