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Reply to "How much interaction do the "mass rich" have with the super-rich?"
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[quote=Anonymous]https://www.joshuakennon.com/the-hierarchy-of-the-rich-in-the-united-states/ 1. The Millionaires Next Door 2. The Capitalist Class 3. The Glittering Rich 4. The Ruling 15,000 Families of the United States 5. The Forbes 400 List I assume that the OP is contrasting people in level 1 with those in level 3 and above. The hierarchy is wealth-based and not income-based. We live adjacent to a very wealthy area, the kids attend schools with wealthy parents, etc. We interact frequently with very wealthy people. Overall, the very wealthy are very similar, but their weekend options, etc. are dramatically different than ours. They have private jets, weekend homes in wealthy enclaves (e.g., Sun Valley), have multiple memberships in exclusive clubs (e.g., Augusta, etc.). We donate a fair amount to our school; they donate a new athletic field. Another difference is that we don't get the interesting investment options available to Qualified Clients.[/quote]
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