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Re:Dad, Are We Rich? by SketchySeaBeast on Thursday June 06, 2019 @12:05PM (#20115850)
That also makes those with a truly extravagant lifestyle part of not-rich - I think you'd need to be in the billions to rich a level that you truly could maintain without working - one can always rack up an extraordinary bill buying a new personal jet or private yacht every week.
Re:Dad, Are We Rich? by jedberg on Thursday June 06, 2019 @12:57PM (#20116430)
My definition throws away extreme outliers of people who buy a new yacht each week. But even if you include them, I suspect someone with that much money has figured out to set aside enough to eat and have very comfortable clothing and shelter.
Re:Dad, Are We Rich? by SketchySeaBeast on Thursday June 06, 2019 @05:34PM (#20119479)
> "Can I live my current lifestyle without regular income from a job?". If the answer is yes, then you are rich. The trick here is to make sure to keep your lifestyle costs in line with your salary when you first start out, so that as your income grows you can save.

My argument was that that initial statement isn't true - the incredibly rich can live lifestyles that don't hit that criteria.