Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "When is it okay for rich people to spend money?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Gotta love the perspectives that somehow DC is a “showy” city, especially compared to NYC. DC is probably the least showy (and the fewest as % of population Uber wealthy) major U.S. city. Maybe we surpass Philly and Boston. But Chicago, Houston, Dallas, Miami, LA, NYC, San Francisco? DC doesnt compare in UHNW or in conspicuous consumption. Anyone who says DC is somehow the conspicuous consumption capital of US doesn’t get out much and certainly doesn’t exclusively hangout with top 1% NYC residents, as one PP suggested If your DC friends are flashy, get new friends. [/quote] Honestly, DC really doesn't have as many ultra-wealthy people as Boston, NYC, LA, Dallas, SFO and many other cities. We seem to be the capital of the UMC BigLaw partner, but other than the Danaher founders and the Carlyle founders...we don't have anything close to the P/E, Hedge Fund, VC, Entrepreneur-type wealth. What the most successful BigLaw partners make in a lifetime is a "day's pay" for many of these other folks. So perhaps it just stands out more if you decide to buy a Bentley or a beachfront house on the Hamptons or own a private jet in the DC area. Considering how every Hamptons R/E transaction seems to be documented...nobody in NYC seems to bat an eye about the latest $50MM - $100MM beachfront estate that someone purchases.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics