Millionaires aren’t rich, they’re “well off”. (Or maybe not even, it’s possible to have 1M+ in assets and be struggling financially)
Being rich is a completely different lifestyle. Like you never even think about money, and get people to do your grocery shopping and stuff. Megayachts and private jets, etc.
Well, I guess that depends on how one defines “rich.” To me, it means someone whose passive income exceeds their spending. What you’re describing, I’d call “wealthy - which is one or two steps above that.
Millionaires aren’t rich, they’re “well off”. (Or maybe not even, it’s possible to have 1M+ in assets and be struggling financially)
Being rich is a completely different lifestyle. Like you never even think about money, and get people to do your grocery shopping and stuff. Megayachts and private jets, etc.
Well, I guess that depends on how one defines “rich.” To me, it means someone whose passive income exceeds their spending. What you’re describing, I’d call “wealthy - which is one or two steps above that.