Reply to Are there any downsides to marrying into a rich family?

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[quote=Anonymous][quote=Anonymous][quote] I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.[/quote]

I am the PP you responded to. Just because you know someone with more money does not mean you aren’t rich, too.  The lack of self-awareness here is mind-boggling.

Our net worth is similar to yours.  My sibling has crazy money.  We are both rich.[/quote]

PP from above. I’m not really disagreeing with you, I realize on the “rich scale” we are both very high. But I certainly don’t consider a $20MM net worth ultra rich. We didn’t even consider prenups when our children married. My kids are doing ok financially but they have no access to our assets other than what we gift annually. They need to work, we don’t. [/quote]

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