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Metropolitan New York City
Reply to "HHI of private school parents"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My child is in preschool, K next year, and we are around $5mil per year and honestly almost everyone in the class seems much wealthier than us. A lot of it is generational. Out of a class of 15, there’s a couple of billionaires, some generational wealth with famous grandparents, some a mix of family money and working hard, a show biz family, and a couple of hedge fund/big law/trader types who are all clearly successful based on the $10mil apartments. Most of the families have at least one parent who grew up in the city. A lot of the dads are much older which impacts wealth versus us in our late 30s who are newer to making this kind of money. For the most part, everyone is awesome and down to earth though? I don’t care about the status stuff, I’m not a designer clothes kind of mom, places like St Barts seem terrible to me, but I guess that I’m guilty of being attuned to the micro symbols of status since I definitely pick up on this stuff? [/quote] Wow this can’t be the norm. This has to be the upper crust of preschools, right? [/quote] Yes this is absolutely not what most classes at a top private are like. [/quote] Agreed. This was not our experience in preschool or at a TT co-ed.[/quote] Same here at a TT all girls. A "couple" billionaires in a class of 15 reads like satire.[/quote] I’m the poster who wrote that and I truly have no idea about other school experiences because this is the only one that we’ve been at, but it’s all very easily known. I have no reason to make anything up for an anonymous internet site. The ones who I referenced as being billionaires are founders of well known companies that IPOd and it’s all very easily verifiable. If you work in the business world, you know public figures who have been very successful by reputation without even having to think about it. There’s just a lot of money in New York? Maybe I’m the odd one for noticing this and other people aren’t paying attention at all to who the other parents are, but I highly doubt that just because it’s so obvious! There’s no need to do any digging. It’s interesting to me because I didn’t grow up in this world and so of course I pay attention on some level. I don’t see how you could avoid it?[/quote] NP here and I believe you. There are a lot more billionaires than there used to be - that might explain why some older or clueless posters find it surprising. [/quote] 78 in 2015 123 in 2025 The average age is 68[/quote]
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