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Money and Finances
Reply to "Net worth over $20 million"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It maybe feels low to you because I am sure the distribution is very clustered. I bet 90% of those people live in only like 10 metro markets in the US. [/quote] Statewise, it would be Florida, New York and California.[/quote] Correct...but in the DC area you have an outsized concentration of law partners as an example who can hit that level after just like 7-8 years of partner earnings. However, outside of DC and NYC and like SF/LA, the BigLaw market is actually much smaller. DC is also the #5 metro area for F500 HQs. You have Capital One, Hilton, Marriott, Choice, Boeing, etc. 20 HQs in total.[/quote] Bullshit. Hitting that number in “7-8” years as a law partner requires earning $3 million a year, spending none of it and paying no taxes. [/quote]
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