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Children Of The Ultra-Wealthy Share The Truth About Money, Privilege, And How They See Others
It’s hard to even picture how much wealth the richest 1% holds.
Take $100 million, for example. If you earned $50,000 a year, it would take you 2,000 years to reach that amount. And for $1 billion? You’d need 20,000 years.
With money like that, it’s almost impossible to imagine the lifestyle, opportunities, or even how people at the top see the world around them. But sometimes, we get a rare glimpse.
Two users from billionaire and centimillionaire families decided to answer people’s burning questions about their lives—and some of what they shared was genuinely eye-opening. Check out their stories below and see which ones surprise you the most.
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#1
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#2
Kari Panda 5 months ago
This person does sound a lot lore reasonable, mature and kind than I had expected. Good for him.
#3
Mel in Georgia 5 months ago
As someone who will never be able to spend our retirement (not a billionaire, but very comfortable), being able to help with random Go Fund Me efforts, fundraising requests, friends with needs, paying for dinners, giving away things for free, etc., is very gratifying. It doesn't make me an awesome person because it's easy to do, but it makes me realize how privileged I am to be able to do this. I am in awe of people who truly sacrifice to make someone else's life better. Can't say that's me, but I strive to be generous.
#4
LakotaWolf (she/her) 5 months ago
It's apparently only a 2-hour flight away from me... and I still couldn't buy airport fare XD
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Serial pacifist 5 months ago (edited)
Well it doesn’t have to be hounding if honest people see the opportunity to share their ideas and maybe get support for it. I mean, I know there is hounding also, but I understand if someone would see the opportunity and try to pitch an idea and get some funds for something they believe in.
Mel in Georgia 5 months ago
I'm giving you an upvote because sometimes you have to use the contacts you have if you're not wealthy but want to forward your well-thought-out plan. Wealthy people do this all the time among themselves. Excessive hounding is gross, but asking is ok.
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Science Nerd 5 months ago
Much better than dropping $thousands on somebody who was better off.
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#8
The Majestic Opossum 5 months ago (edited)
I love this response. Finally, a wealthy person that acknowledges that luck plays a huge part in success of this magnitude. Not some døuche telling us all we could do the same thing if we are "smart and determined".
Mel in Georgia 5 months ago
My husband chose a good career that turned out to be stable and profitable. I had nothing to do with that, other than supporting him. There is no way I would ever say I "earned" how well things turned out or I deserve it. Please tax us more so we can pay for universal health care!!!
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Mel in Georgia 5 months ago
Going to Ireland in September! Everyone who's been says it's beautiful and the people are great. Can't wait! Italy, though - if you never go anywhere else in Europe, it's my favorite country ever. The beauty, the history, the food, the people, the variety, the culture ... fantastic!
#10
Ellinor she/they/elle 5 months ago
I think his parents are great parents from what this thread says.
StrangeOne 5 months ago
It sorta reminds me of the Banks family on Fresh Prince of Bel Air. The kids are well-cared for, and have perks. But also expected to work, too, and be independent. It's the parent's money, foremost, after all.
#12
Mrs Irish Mom 5 months ago
Give to charity around ur local area, not to a non profit wer most money goes to the heads
Kitsune Nocturne 5 months ago
Fun fact: All charities are nonprofits, but not all nonprofits are charities. Source: I'm the Executive Director of a 501(c)(3) nonprofit charitable organization. I am the only paid employee. The rest are all volunteers, who hired me. I do not make much money and am living paycheck to paycheck. Not all nonprofits look alike, so be sure to do your research!
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Mel in Georgia 5 months ago
Oh man, in our large neighborhood, if you perform a service well, you will receive recommendations to all the neighbors. If you perform poorly or rip us off, you will never work in the neighborhood again.
#14
Ellinor she/they/elle 5 months ago (edited)
I don't think it's really pure hatred, reading the title I felt jealousy (because of course) but I also know that everyone has problems. Yes I may have to worry about bills, rent and pay, but at least I am 100% sure that people are friends with me for me and not for my hypothetical money which is something this man does have to worry about, and it must be quite difficult to open to new people.
Kari Panda 5 months ago (edited)
It wasn’t hatred from me but rather apprehension. Some wealthy people are pricks and, due to their status, are used to getting away with everything. But apart from the fact that there are also kind wealthy people, I feel hatred is reserved for people who clearly did despicable things.
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StrangeOne 5 months ago
I would imagine it would create trust issues with people and having to worry about threats against you.
PeepPeep the duck 5 months ago
Yeah it’s double edged sword too. You have hanger inners that want to join your social life and circle and money and the other end -I remember my last dinner with “close friends” when I was with a sugar daddy and made my own money and a lot of it. I changed jobs (quit being a s******r) met a concreter on minimum wage and I just remember the comments - oh we can’t hang out anymore - you’ve downgraded etc. but they were new money, I still have friends from mermaiding from old money and they are great.
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#18
Mel in Georgia 5 months ago
Our son wanted to have a backup plan and started a small franchise. He's smart, he did his research, but even so he didn't realize how much it would cost, and how much work it would be. You have to sacrifice so much of your life to make a small business work. In the end, even though if he had stuck it out it would probably have been profitable, the cost to his family and quality of life wasn't worth it. He cut his losses and bailed. Hard lesson learned.
#21
Brian Droste 5 months ago (edited)
Yes, when I was younger and started out early in l was presented with a 401k option I didn't take it. I really didn't understand what it was for. I wish I asked more question about it and sign up for it. I didn't start one until I was maybe late thirties. Then the the economy went bad around 2008/2009. Lost my job I had. Had to use that to help to live in and used it all up. Wasn't until later on that I was able to started another one but I used that one all up also for other reasons. All I have for now is my social security and a little bit of a pension for now until my what is called ESOP money start come in at the end of the year. Than I should be good
Mel in Georgia 5 months ago
Our kids have had many friends who came from less fortunate backgrounds. The one piece of advice we would give them is to start saving, any amount, and would help them open accounts and fund them with starter money. I know many people live from paycheck to paycheck, but seriously - any amount, starting at a young age - will pay off big time in the long run.
#24
LB 5 months ago
Maybe it was the friend's house he purchased for him when he fell on hard times
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Mel in Georgia 5 months ago
Oahu?? Weather's nice but such a touristy area. Very surprising response. Much prefer Kauai.
#28
Mel in Georgia 5 months ago
Imagine if your health concern also involved being able to afford treatment. This should not be an issue for anybody.
#32
Wang Zhuang 5 months ago
The more of his responses I read, the more I like this guy. He's not just some rich, stuck up a*****e. He sounds like he's got a good head on his shoulders.
Mel in Georgia 5 months ago
This is a very smart person. Yes, someone of extraordinary will or luck or intelligence can change their course in life. For most, the environment you are raised in determines how you fare in life. I am for paying for any intervention that alters expectations and experiences and support for ordinary people who want to do better. When average people do well, the whole economy does well.
#34
Brian Droste 5 months ago (edited)
I might get downvoted for this but I have two feelings about people that are wealthy, one is I feel envious of them. Wish I had more money than what I grew up with not necessarily being super rich but have enough money that I didn't have to worry about money.. Two, I feel disgusted at times about wealthy people because I grew up with enough money to just get by or even struggle to get by while wealthy people don't have to worry about worrying where your next meal is coming from or if you are able to pay a bill or two or your mortgage.
Calunii 5 months ago
Not going to downvote but I am curious about why you feel disgusted. What exactly do you mean with disgusted? I am asking because I have witnessed both ends of the spectrum (wealthy grandfather but I grew up in poverty) and do not get the hatred. There is of course the exception for people like Bezos and Musk whose behaviours are disgusting, but it's more about what they do with their money and not the fact that they have money.
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#37
ILoveMySon 5 months ago
Yeah, my old money friends act quite differently than the new money crowd, especially regarding discussions of wealth.
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Delicate Fcuking Flower 5 months ago
He's very connected to reality and was clearly raised right
Ellinor she/they/elle 5 months ago (edited)
It was really interesting, people always forget that rich people are human and that wealthy sons/daughters were children and didn't choose their families just like us. Of course the issues we face are very different, but everyone has different lives anyway. I'm viewed as poor but I'm not homeless so not having a roof over my head isn't something I'm worried about, just like the man in this thread doesn't have to worry about pay or rent. And as I said under one of the posts, at least unlike him I don't have to worry about people getting close to me for my money (which I don't have) so that makes me luckier than him in that way.
Delicate Fcuking Flower 5 months ago
He's very connected to reality and was clearly raised right
Ellinor she/they/elle 5 months ago (edited)
It was really interesting, people always forget that rich people are human and that wealthy sons/daughters were children and didn't choose their families just like us. Of course the issues we face are very different, but everyone has different lives anyway. I'm viewed as poor but I'm not homeless so not having a roof over my head isn't something I'm worried about, just like the man in this thread doesn't have to worry about pay or rent. And as I said under one of the posts, at least unlike him I don't have to worry about people getting close to me for my money (which I don't have) so that makes me luckier than him in that way.
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