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Reply to "Common occupations for heirs and those financed by the bank of Mom and Dad"
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[quote=Anonymous][quote=Anonymous]Wow - I feel like I came from a very privileged background but I don't know even a fraction of the number of truly wealthy people as many on here appear to know! The ones that I know is incredibly wealthy (as in his dad bought a professional sports team rich) is a partner at a small boutique law firm. Double Ivy (undergrad and JD) and nice as can be. Wife is a lawyer (also double ivy) and comes from a lot of money, although not as much as he does. She is a GC at a small PE shop. They have 3 kids. I definitely have other friends with trust funds and there jobs all vary widely, but nothing else in the 10M+ range, which is what I put into the "do not need to work" category. [/quote] It's DCUM. An income below $1 million per year or a net worth below $10 million makes one merely "upper middle class."[/quote]
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