Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Downton abbey

But in 2015 in the us the equivalent would be multiple residences and staff (and I don't mean a housekeeper).

The following is extreme wealth in my mind. House in dc area with at least 30 plus rooms and ability to easily entertain 100 or more. Full time housekeeper, chef , governess and personal assistant. Possibly more than one housekeeper. Country side historic manor house fully restored with 100 acres another 30+ rooms and staff of its own. Additional apartments or houses in the multi million dollar range in at least 2 additional world class cities. All houses are staffed. Any apartments are in luxury full service buildings. Private aviation with pilot on staff. A yacht 6+ bedrooms exclusive of crew quarters (full time crew in staff) if they are in to that. A ski house in the 10,000 square foot plus range if they are in to that. No country club, but socialites who regularly attend opera, theatre, ballet etc. likely have buildings and wings named after them for numerous causes.

This is so over the top ridiculous. Who does this even when they can?

Plenty of people. You think all those expensive condos, hotels, and restaurants exist in Manhattan without anyone to pay money for them?

Anonymous wrote:Being wealthy is being happy with what you have, not comparing yourself to others, and not being a slave to your possessions. Having time to enjoy life in good health. That is true wealth. Many on this board would consider me one of the "poors", but I wouldn't trade places with anyone.

Anonymous wrote:

Anonymous wrote:Downton abbey

But in 2015 in the us the equivalent would be multiple residences and staff (and I don't mean a housekeeper).

The following is extreme wealth in my mind. House in dc area with at least 30 plus rooms and ability to easily entertain 100 or more. Full time housekeeper, chef , governess and personal assistant. Possibly more than one housekeeper. Country side historic manor house fully restored with 100 acres another 30+ rooms and staff of its own. Additional apartments or houses in the multi million dollar range in at least 2 additional world class cities. All houses are staffed. Any apartments are in luxury full service buildings. Private aviation with pilot on staff. A yacht 6+ bedrooms exclusive of crew quarters (full time crew in staff) if they are in to that. A ski house in the 10,000 square foot plus range if they are in to that. No country club, but socialites who regularly attend opera, theatre, ballet etc. likely have buildings and wings named after them for numerous causes.

This is so over the top ridiculous. Who does this even when they can?

Anonymous wrote:Downton abbey

But in 2015 in the us the equivalent would be multiple residences and staff (and I don't mean a housekeeper).

The following is extreme wealth in my mind. House in dc area with at least 30 plus rooms and ability to easily entertain 100 or more. Full time housekeeper, chef , governess and personal assistant. Possibly more than one housekeeper. Country side historic manor house fully restored with 100 acres another 30+ rooms and staff of its own. Additional apartments or houses in the multi million dollar range in at least 2 additional world class cities. All houses are staffed. Any apartments are in luxury full service buildings. Private aviation with pilot on staff. A yacht 6+ bedrooms exclusive of crew quarters (full time crew in staff) if they are in to that. A ski house in the 10,000 square foot plus range if they are in to that. No country club, but socialites who regularly attend opera, theatre, ballet etc. likely have buildings and wings named after them for numerous causes.

Anonymous wrote:PP is posting a financial advisor's definition of wealthy. It is not correct.

Wealthy means you can buy whatever you want and it will not really affect your net worth. If a $100 million net worth person buys a jet it will affect their net worth. If a billionaire buys the same jet the affect to net worth will be negligible.

Anonymous wrote:OP--Did you mean wealthy as in very well off or mega-rich, which is how this is being answered. I think you meant very well off.

Wealthy for me in this area means you can afford to send your kids to private school all the way through college, including boarding school for high school, without loans or scholarships, and have the money to fund their law, business, or med school afterwards if that is what they want to do. And all the while live according to your taste in a nice neighborhood and no need to scrimp in retirement. You could do a country club, exotic vacations etc. if you wished, but many who are wealthy don't crave these things.

Anonymous wrote:I don't waste time imagining what true wealth is.

Anonymous wrote:Being wealthy is being happy with what you have, not comparing yourself to others, and not being a slave to your possessions. Having time to enjoy life in good health. That is true wealth. Many on this board would consider me one of the "poors", but I wouldn't trade places with anyone.

Anonymous wrote:OP--Did you mean wealthy as in very well off or mega-rich, which is how this is being answered. I think you meant very well off.

Wealthy for me in this area means you can afford to send your kids to private school all the way through college, including boarding school for high school, without loans or scholarships, and have the money to fund their law, business, or med school afterwards if that is what they want to do. And all the while live according to your taste in a nice neighborhood and no need to scrimp in retirement. You could do a country club, exotic vacations etc. if you wished, but many who are wealthy don't crave these things.