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Reply to "Do many households here have $15 M net worth or more?"
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[quote=Anonymous][quote=Anonymous]OP here - would be interested in more lifestyle details at this level. I love that everyone probably has $15 M but livesin a 2- bedroom condowith their 4 kids, but there must be something that you spend money on? Asian travel, Hermes, family help, golf, going to see Taylor Swift in Portugal? Or really you’re just taking 3 days at Rehoboth off-season, share a car and watch Netflix? [/quote] We have 35+ million. We don’t live that exciting lives and have only recently started spending more money on things (my husband is cheap). But we do all the regular rich people stuff: beach house, private school, country club, flying first class, spend a lot on charity (have donated about 750,000 dollars so far), set up trust for children and have investments in their name. We have had a mix of practical cars and luxury cars. But nothing outrageous like the Bentleys and Maseratis I see in McLean. I have never owned a very expensive handbag, nor do I plan to. I don’t buy expensive clothing. One thing I would like to do is spend more money on my parents and siblings. I have offered to buy my parents a house, but they have refused. I think that it is probably some comfort to them knowing as they age that we will always take care of them and spare no expense. [/quote]
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