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Re:What do wealthy people buy, that ordinary people know not... by TacticalCoder on Monday May 19, 2025 @06:46AM (#44028369)
I was invited for coffee at a friend's friend.

He seemed a pretty regular guy, very friendly: kids playing in the pool. Nothing out of the ordinary except as many house employees as adult guests (and house employees where calling guests by their name).

I happened to know the artist Jeff Koons: not a big fan of the "inflated balloon dogs" but I do like his ballerinas. Well... Turns out the dude had one house destroyed then rebuilt to accommodate a 3 meters high Jeff Koons sculpture of two ballerinas.

I don't know exactly but I take it that's a $15m sculpture. I'd say most people don't know who Jeff Koons is and most people have no idea that some people shall just level an entire house just to have an architect redesign a new house, at the same place, so that a sculpture can now be admired from the living room, kitchen and garden.

He's got several paintings from Basquiat too. He's actually in the top 200 of the world's top art collectors (I found that out by googling his name after having been to his place).

And he's got his art pieces sprinkled around the world, in his many properties.

> The $10-30M people don't seem much different from me.

Definitely not very different. One little fantasy I saw not one but two people in that range do is buy several times the exact same car. Identical. Same config. Then they use one as a daily, and put the the others at different vacation places they have: so they land, take a cab, then get to enjoy the same car. Weird but I've seen two people do it, so I take it's a thing? One had identical Range Rover, the other identical Lexus.

Not real petrolheads: rich car petrolheads are actually going to own fancy stuff like old Ferrari 250 (even if "just" a GTE), old GT40, old Porsche, etc. which every body expects rich people to have if they're into cars at all.

But yup: buying x times the exact same car when times comes to change cars is kinda just weird.

Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @08:03AM (#44028899)
> But yup: buying x times the exact same car when times comes to change cars is kinda just weird.

Is it?

I'm on my second iPhone 13 mini, this one being the replacement after the first died of a drop. There are two more stored in the attic, each preconfigured with the accessories I like and with a SIM from my provider in the box. So if anything happens to this phone, as soon as I get home I just break out #3, restore the latest backup, activate the SIM, and I'm back in business.

An iPhone 13 mini with the accessories I like (case and charging adapter) is about $300. That's amply worth it to me, a couple times over, to never have to think about how to replace a cooked phone and get back into communication with the world. Nothing special about the phone, it's if anything unusually unassuming. It's just the phone I happen to like (since 2021 when I concluded it no longer made sense to keep keeping 1st gen SEs alive) and thinking about phones is something I only like doing when I want to. That's the problem this money solves, and I have the money available to use this way, so why not?

Scale the dollar amount up a few orders of magnitude and the necessity down by the same amount, and sure, I see how it makes sense to "just" drop an identical set of wheels at every one of your pied-à-terres. What did the funny sweary smoking man in the movie say? "You learn to spend what's in your pocket."

Re:What do wealthy people buy, that ordinary people know not... by fragmede on Monday May 19, 2025 @09:28AM (#44029662)
> Scale the dollar amount up a few orders of magnitude

But that's what makes it "weird". Most people can't afford to do that. As you point out, it mashed a certain amount of sense, but we're in the midst of an housing crisis. People who have enough money to own, not just multiple houses, but so many cars that they got tired of different cars so they just bought more of the same? Weird because I've never done that.

How many iphone 13 minis have you used concurrently, and in how many different locations did you own them? Byb your own admission, you only use one at a time.

Re:What do wealthy people buy, that ordinary people know not... by geodel on Monday May 19, 2025 @09:51AM (#44029927)
I don't know if its weird. This seems to me using money to reduce hassle. At my even lower level of existence I do similar thing in sense I keep one pair toothbrush and paste in upstairs bathroom and another pair at main level just to avoid whatever inconvenience I've thought of in my mind. Same with multiple pair of glasses at different location I work from.

I have not done these things when I had less money and now I think removing minor hassles with extra money is worth it. At another order of magnitude of money I'd definitely acquire multiple copy of things I need.

Re:What do wealthy people buy, that ordinary people know not... by fragmede on Monday May 19, 2025 @10:05AM (#44030075)
We'd somehow have to poll a large randomized demographic as to whether having two bathrooms in which you brush your teeth is weird to begin with though.
Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @11:56AM (#44031188)
We could talk about the lingering effects of redlining and the post-WWII housing crisis and how those manifest differently in different parts of the country. Or we could keep up with the weird conspiracy theory stuff. Your call, and I don't mind either way; this look inside your head that you don't realize you are giving has not yet ceased to fascinate.
Re:What do wealthy people buy, that ordinary people know not... by nonameiguess on Monday May 19, 2025 @01:19PM (#44032177)
Just wanna say I do a few things like this, too. Examples being duplicate toiletries and clothing I keep permanently packed so I don't need to actually pack when traveling. I have duplicates of the same vacuum cleaner and broom/dustpan combos on every floor of my house so I don't need to go down or up stairs to get one. If I was wealthy enough to have a vacation home, I could see owning a duplicate car to keep there, assuming I was a more typical person who drove more.
Re:What do wealthy people buy, that ordinary people know not... by geodel on Monday May 19, 2025 @02:02PM (#44032759)
Exactly right. Indulgences become necessity when one moves up the affluence ladder.

I love your go-to bag example which I wished to have but never did. In a weird way because I have more time to pack but not much resources or time to travel anyway.

Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @02:32PM (#44033136)
Why maintain a grip you never expect to need?
Re:What do wealthy people buy, that ordinary people know not... by arkey on Tuesday May 20, 2025 @05:00AM (#44039387)
The incredible comfort of having readily available that thing which you never, never need, but for some reason you suddenly do now.
Re:What do wealthy people buy, that ordinary people know not... by throwanem on Tuesday May 20, 2025 @05:44AM (#44039671)
See, now you're speaking my language. I hate travel. So, one less thing to bother with when stuck doing it...I believe you may have convinced me.
Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @09:40AM (#44029794)
I didn't say that it wasn't grotesquely flagrant consumption, only that I can follow the reasoning behind it. And I have made no admission of which I am aware.
Re:What do wealthy people buy, that ordinary people know not... by fragmede on Monday May 19, 2025 @10:04AM (#44030064)
A lie by omission is still a lie, in my world. You may inhabit one in which it is not, however
Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @11:32AM (#44030934)
Now you've called me a liar. Would you like to try to substantiate that presumptive libel? Or do you simply mistake for virtue an inability you have cultivated to entertain a thought with which you don't agree?
Re:What do wealthy people buy, that ordinary people know not... by fragmede on Monday May 19, 2025 @11:49AM (#44031105)
I'd ask if you were new to the Internet, but no one would believe the answer of a liar.

Of the 261 words in your comment (archived at https://archive.is/Vfx9Z#selection-161.6-184.0), none of them mention that you see it as "grotesquely flagrant consumption", so reads like the meme about the temporarily embarrassed millionaire.

Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @11:53AM (#44031149)
Why bother archiving a comment whose edit window has closed? What on Earth do you imagine to be going on here? Your account is twice the age of mine. Do you not know how this website works?

I will say, this no longer appears to me to qualify for the name I suggested a few minutes ago. Oh, the statement remains false, only I now no longer believe you competent to defame. Have you had a meal today?

Re:What do wealthy people buy, that ordinary people know not... by saltcured on Monday May 19, 2025 @12:47PM (#44031740)
Hmm, could this whole side-thread be summarized as: a meta thing rich people can do is wield larger sums of money without hitting the same "qualitative boundary exceeded" circuit trips that regular people might hit?

It feels like a bit of a tautology, but I think has some reality to it as well. When you're steeped in a more frugal mindset, it can be hard to remain rational or detached when analyzing consumption patterns "just a few orders of magnitude" larger...

Re:What do wealthy people buy, that ordinary people know not... by throwanem on Monday May 19, 2025 @02:18PM (#44032952)
No, I don't believe so. That just reduces to "you learn to spend what's in your pocket" again. That sentence turns on the verb "learn" for a reason.

If I had to guess, I would say I've been braced by someone whose morning was complicated by treating "take with food" as a little too much more of a suggestion than an instruction. No judgment. Nothing I haven't run into before.

Re:What do wealthy people buy, that ordinary people know not... by arkey on Tuesday May 20, 2025 @05:06AM (#44039433)
> How many iphone 13 minis have you used concurrently, and in how many different locations did you own them? Byb your own admission, you only use one at a time.

It's not about concurrent use at all. It's all about availability. I had my simple, trusty Logitech keyboard and mouse. And 2x more of each, in a box, in a cupboard. I'm not using them. But I have the comfort of knowing that if either fails, I'm back up again in two minutes. That, for me, is comfort.

Now, if I had two workplaces (for example home and the office) would I carry my hardware between places? If I can't afford to buy two of them, yes. But if I can afford to pay 20€ twice, I'll have one keyboard at home, the same keyboard at the office, and so. That, for me, is comfort.

Now, scale the keyboard for 20€ to a Lexus for 40k€. Same thing.

Re:What do wealthy people buy, that ordinary people know not... by wltr on Tuesday May 20, 2025 @03:59AM (#44038973)
I used to do exactly the same before. However, at this time I’m just having a backup (old SE) phone till I’ll get the replacement. Because, economically it’s much cheaper, plus I don’t need to bother with the new phone. If I’m being too worried over the time and energy investment of having to buy a new phone, I’d have one preconfigured. But why would you have two? Just to super-sure at least one would work? Or are you afraid they won’t be as easily accessible some years into the future?

I’m still having the 12 mini, so that’s why I’m not investing into having exactly the same. More likely I’d go with 13 mini, if this one would die suddenly. Or whatever else be on the market by that point. Theoretically, that can happen in 5 years. I’m holding the phone till it’s physically killed, or is unbearably slow.

Re:What do wealthy people buy, that ordinary people know not... by throwanem on Tuesday May 20, 2025 @04:39AM (#44039226)
Yeah, supply chain concerns.

I maintained five iPhones SE 1st gen from 2016 through most of 2021. Toward the end of that time it grew noticeably more difficult and slow to source model-specific parts and tooling. This time around, I know how to plan ahead more effectively. I had a 12 mini, but knowing Apple only drops a good small phone every half decade to keep us weird nerds interested, when the successor model came out I immediately upgraded.

I don't expect a real problem even in the worst case. The US is a huge internal market and has enough local internet to function. But for $300 flat I would otherwise just save anyway, why not hedge twice while I know I can?

Re:What do wealthy people buy, that ordinary people know not... by JKCalhoun on Monday May 19, 2025 @07:55AM (#44028844)
Yeah, surprise the linked reply doesn't mention art. There's no ceiling there. I suppose you can add actual Jurassic era bones to the weird stuff the wealthy seek out.
Re:What do wealthy people buy, that ordinary people know not... by georgemcbay on Monday May 19, 2025 @07:25AM (#44028615)
> buying x times the exact same car

Triples is best.

https://youtu.be/8Inf1Yz_fgk

Re:What do wealthy people buy, that ordinary people know not... by humanpotato on Monday May 19, 2025 @08:35AM (#44029183)
Steve Jobs did this, he got a new car every 6 months yet for years only drove a 911, then an MB SL55. Why have to learn a new car when you like what you drive?

https://www.autoweek.com/car-life/but-wait-theres-more/a1704...

Re:What do wealthy people buy, that ordinary people know not... by tough on Monday May 19, 2025 @09:00AM (#44029389)
he got the new cars every 6 months because he could avoid then putting car plates on it (california weird law on new cars) and then not be able to be given tickets when he would park on his disabled spot at cupertino

classy mfer lol

Re:What do wealthy people buy, that ordinary people know not... by drfuchs on Monday May 19, 2025 @09:13AM (#44029512)
No, they always had legit California "temporary plates" for the allowable (at the time) 6 months. They were very ticketable; his motivation was to keep his car relatively anonymous when driving around. Source: Me, living near his house and walking by regularly.
Re:What do wealthy people buy, that ordinary people know not... by nerdsniper on Monday May 19, 2025 @09:51AM (#44029932)
This article has a picture of one of Steve Jobs' actual cars with no plates at all (temporary or otherwise). It explicitly talks about a "new" requirement for new cars to be issued temp plates. Before that, brand new cars from the dealer had a 6-month grace period.

> "From 2019, California joins most of the other states in the nation by requiring newly bought cars to be issued temporary license plates."

https://arstechnica.com/cars/2016/07/steve-jobs-loophole-clo...

Re:What do wealthy people buy, that ordinary people know not... by drfuchs on Monday May 19, 2025 @10:35AM (#44030350)
Right, not a plate: the 6 month temporary operating permit was taped inside the windshield, not on the back of the car, but was still ticketable. On the other hand, the car pictured is from after his death; all of his were black.
Re:What do wealthy people buy, that ordinary people know not... by tough on Monday May 19, 2025 @10:31AM (#44030302)
Thank you for providing the sources this is probably the article I read and had a vague recollection of
Re:What do wealthy people buy, that ordinary people know not... by tough on Monday May 19, 2025 @09:14AM (#44029520)
oh ty ty that does make much more sense than my absurd simplification

(note that they owned the parking, so its moot if they parked on a reserved spot on private property of theirs)

I guess not being localizable by press/random people is a nice plus if you can afford.

but didnt he buy always the same model?

Re:What do wealthy people buy, that ordinary people know not... by nerdsniper on Monday May 19, 2025 @09:52AM (#44029937)
You were actually right. See sibling comment to yours.
Re:What do wealthy people buy, that ordinary people know not... by tough on Monday May 19, 2025 @10:32AM (#44030309)
Yes, I didnt remember but that's probably the article I had read years ago and was thinking about!

I guess we both where right at different points in time ;)

Re:What do wealthy people buy, that ordinary people know not... by FireBeyond on Monday May 19, 2025 @03:53PM (#44034092)
> note that they owned the parking, so its moot if they parked on a reserved spot on private property of theirs

Eh, pedantry, but you'll find that building and occupation codes dictate a certain number of disabled parking spots. You could argue that a spot that is ostensibly this, but "everyone knows" is Steve Jobs' spot, is not a disabled parking spot.

(But yes, odds of the City of Cupertino taking any issue with this whatsoever are entirely zero.)

Re:What do wealthy people buy, that ordinary people know not... by RetroTechie on Monday May 19, 2025 @10:11AM (#44030135)
There's a story where The Woz pulled a prank on Jobs. Turned out he couldn't even be ticketed, because that parking spot was marked incorrectly:

https://folklore.org/Handicapped.html

(Apple personnel @ the time probably unaware of that technicality. Story says it wasn't fixed)

Re:What do wealthy people buy, that ordinary people know not... by tough on Monday May 19, 2025 @10:35AM (#44030360)
Thank you i think i had read that blogpost to exactly from some hn comments months ago!

> he seemed to think that the blue wheelchair symbol meant that the spot was reserved for the chairman.

lol

Re:What do wealthy people buy, that ordinary people know not... by toyg on Monday May 19, 2025 @08:38AM (#44029214)
I would absolutely do that. Having to relearn instrumentation and optionals, how the car handles, dealing with its size, etc etc, is an absolute ballache. If you're not into cars, there is no novelty in having to drive two or three different cars just because you want to be near the sea this week and near the city next week.
Re:What do wealthy people buy, that ordinary people know not... by sunrunner on Monday May 19, 2025 @09:48AM (#44029883)
If you were that rich wouldn't you just hire someone to drive well for you? But if you liked driving for the sake of it would it not be part of the enjoyment to learn to handle different vehicles well?
Re:What do wealthy people buy, that ordinary people know not... by 542354234235 on Monday May 19, 2025 @11:27AM (#44030885)
Expense? Just hiring a car would not be much more expense but would require more logistics, as you would have to manage scheduling and calling cars. To get a dedicated driver, or team of drivers (to cover 24 hours) and vehicle would be significantly more expensive than a couple extra vehicles. Plus handling the logistics of setting them up to be ready and waiting for you each time you travel would be something else to manage, or would be something to pay a personal assistant to manage. Plus you could still use car services as needed whenever you didn’t want to drive.

Unless you had reached a level where you were having almost everything in your life managed by assistants, and you were the type of person that wanted to give up all that control, then have “your car” ready to go whichever house you were at would be the lower mental overhead solution.

Re:What do wealthy people buy, that ordinary people know not... by gwillen on Monday May 19, 2025 @10:09AM (#44030119)
I'm sure it varies, but personally I have a very prosaic reason that I would still drive myself in most scenarios: If someone else is driving I tend to get motion sickness.
Re:What do wealthy people buy, that ordinary people know not... by toyg on Monday May 19, 2025 @11:43AM (#44031045)
> if you liked driving for the sake of it

Most people don't really like it, but find it to be the best option to go from A to B quickly. If you involve other people, be a driver or a renting business, you add complication and cost.

Re:What do wealthy people buy, that ordinary people know not... by geodel on Monday May 19, 2025 @09:59AM (#44030020)
As people are discussing there are different level of rich. At some level one want to reasonably good car that they drive themselves. At another level maybe people send advance team to setup before owner reach their vacation mansion and drive them around, cook their meals, etc once they are there.
Re:What do wealthy people buy, that ordinary people know not... by sunrunner on Monday May 19, 2025 @10:24AM (#44030239)
> maybe people send advance team to setup before owner reach their vacation mansion and drive them around, cook their meals, etc once they are there.

I can readily believe this does happen at the right level of wealth, but there's something deeply absurd and humorous about someone sending a vanguard to their second or third home before they arrive.

Re:What do wealthy people buy, that ordinary people know not... by geodel on Monday May 19, 2025 @01:52PM (#44032627)
I mean the level of conveniences in developed world are already much much higher even for middle class that we don't even think of them as luxury it would be for > 90% of world population.

My very typical American suburban home on a 0.2 acre lot is better built, has better views, parking, heating, cooling and so on than a 3 generation rich (from my standards) cousins' home in India. However they do have half a dozen servants at home and I have obviously none here.

So it does sound weird that people seek even further from developed world middle class point of view.

Re:What do wealthy people buy, that ordinary people know not... by Suppafly on Tuesday May 20, 2025 @01:01AM (#44037968)
>Having to relearn instrumentation and optionals, how the car handles, dealing with its size, etc etc, is an absolute ballache.

I would 100% buy my old car again in like new condition vs getting a new one if it was a feasible thing to do.

Re:What do wealthy people buy, that ordinary people know not... by fakedang on Monday May 19, 2025 @10:47AM (#44030488)
> But yup: buying x times the exact same car when times comes to change cars is kinda just weird.

Not really, decision fatigue is a thing.

My colleague actually took me out car shopping a couple of weeks back, to the Ferrari showroom because apparently to get some models, you need to be one of their favorite customers or a referral from one. We also visited a Lamborghini showroom next (which apparently didn't have such restrictions). But deciding between their cars was so tough, and I really wanted to get an EV instead for my daily driver, that I just ended up renewing on my rental Honda Civic for a few more months lol. I could buy these cars, but I tend to be vested in things I buy, and suffer from FOMO for not buying the rest, so might as well postpone the decision to when I can afford to hold them all together and give them time to maintain them.

There's also the real problem with rose tinted glasses. For example, I was a huge fan of the Testarossa ever since I was a kid, but just one drive inside one showed me how badly designed it actually is in the interior.

Re:What do wealthy people buy, that ordinary people know not... by pests on Monday May 19, 2025 @11:14AM (#44030745)
I had a friend of a friend who made millions off FBA/dropshipping in the early days. He has the exact set of about 4 cars at multiple of his properties, all wrapped in a location specific color. Miami they were gold, LA they were purple, NYC they were black, etc.
Re:What do wealthy people buy, that ordinary people know not... by arkey on Tuesday May 20, 2025 @04:56AM (#44039363)
> buying x times the exact same car when times comes to change cars is kinda just weird.

I would totally do that if I could. I have done it with shoes when I've had the good insight of thinking about it. I do it often with clothes when I find a good product that suits my needs. And I wish I could do it with my very-average-but-reliable car.

I'm dreading the moment I have to buy the next one and take the risky decision.

I am very fortunate to have an above average salary for where I am from, but what surprised me from going to pretty much broke to quite well off, is that my life didn't become flashy, it just became VERY comfortable with normal, everyday things.

Re:What do wealthy people buy, that ordinary people know not... by wbrinkley on Tuesday May 20, 2025 @04:37PM (#44045661)
Reminds me of a story a contractor told me: he was building a multi-million dollar house in Hawaii as a second home for a very wealthy California couple. He said they made the kitchen exactly the same as their other house. Same appliances, same cabinets, all the exact same dishes and silverware, all in the same drawers. People like what they like, and when you're hung over and reaching for the coffee cups in the morning, you know exactly where to find them.