Anonymous wrote:
$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
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.