30 Of The Wildest Things The Rich Are Able To Purchase That Poor People Don’t Even Know Exist
They say money can't buy happiness. But it can give you access to things many of us have no clue are even on the market.
Some time ago, a now-deleted Reddit user asked everyone on the platform "What do the rich buy that the poor don't even know is available for purchase?" And apparently, the shopping list of the elite is exactly what we're interested in; the post has received a whopping 16.5K comments.
However, while pet cloning and celebrity rentals sound appealing, let's not forget that over the last 50 years, the poverty rate in the U.S. has barely budged: in 1970, about 12% of the U.S. population was considered poor. In 2019, around 11% was. It's crazy to think that some splash hundreds of thousands of dollars on these luxuries while others don't have even the essentials.
This post may include affiliate links.
Time.
All that c**p you do - commuting, grocery shopping, cooking, cleaning your house, waiting on hold, paying bills - all those chunks of your life that are eaten up by minutiae - rich people buy out of all that routine garbage.
Time is all you really get in your life. Rich people buy it back.
*Pelts rude person with quarter* your right! It worked *looks at knocked out person*
Load More Replies...Why wouldn't poor people know this? Who do you think is doing all of this work?
I read it as those of us who aren't rich may not realize how much of the work the rich pay others to do.
Load More Replies...It amazes me how out of touch a person can become if they go from poor or middle class to being rich. The managers at my job are always surprised when us workers are stressed or tired. They are like "we have as much work as you or even more" Like yeah Karen you do but then when you go home you have a house keeper and people to run errands for you. You get to go home and sit down and chill for real. They really don't get it at all!
They may have all the time but what they are spending on for that time is out of touch, considering the people they're paying to do all their simple tasks would like to have a life, too, but are not paid enough to enjoy themselves.
When I see big fancy houses I KNOW the only way you can live there is to have a LOT of hired help.
Landing 747s in small airports.
I grew up around Lexington, KY. The region is huge on horses, particularly Thoroughbred horses. The entire city is surrounded by horse farms, and these farms breed some of the best racing horses in the world. The rich and famous will often come here to buy Thoroughbreds to add to their breeding stock.
One such person is a shiek from Dubai (i think?) who owns his own private 747. Now the local airport isn't rated for 747s, and it's not legal to land one there unless it's a emergency. The shiek doesn't care though and lands his 747 there anyways. The airport fines him every time he does this, which he is totally fine with paying. I've been told that many of the upgrades to the airport over the years where almost entirely funded with money from those fines.
For rich people, fines aren't a punishment or inconvenience, just the cost of doing whatever it is they want to do. Can't park in that spot? Sure you can, it will just cost you X amount.
There was a story in the news over here about a relatively wealthy banker parking directly in front of Harrods in London. It's restricted to disabled parking only, on a strict time limit. But he can afford the fine so doesn't think anything of it. This is why fines should be proportional, like they are in Nordic countries - £60 is a big hit to me, but maybe £6k for someone like him?
Load More Replies...Said it before but I'll say it again - punishable with a flat fine just means legal for the rich. All fines and fees administered as punishment should be rendered not as flat amounts but as a percentage of a person's total wealth. Don't charge 500 dollars, charge five percent of total wealth.
Well, this is totally bulls*it. A 747 requires at least 12000 ft of runway, not something a "small airport" have lying around, we are well into large commercial airport territory. Most airport with runways 8000 ft (average commercial) or more can accommodate a 747 for an emergency landing, but some special care must be taken when flying out (no cargo, limited fuel, special takeoff configuration), nothing that could be suited for commercial operation. Once landed you will need special equipment due to loading bay height, that an airport not rated for Heavies is not going to have. Other than that, a pilot MAY get away with doing an unauthorized landing once, but since there is a mandatory FAA (or local equivalent) inquiry, the second time he is definitely going to lose his license. There may be fines involved, in the few thousands dollars usually, but those are actually pretty minor compared to the loss of license.
I'm a Lexington, KY, native and this is 100% true.
Load More Replies...This is why adjustable punitive fines/penalties exist - rich people or companies will just view all fines as an inconvenience when they are intended to motivate compliance. The "motivation" obviously needs adjustment for someone so wealthy if they are going to be a scofflaw.
This reminded me of my former boss. He frequently drove way above highway speed limits. He got tons of speeding tickets. He paid them all. When asked, his reply was "my time is more valuable than that"
Luxury ice cubes.
Gläce Luxury Ice Co produces perfectly square ice blocks for “minimum dilution and maximum cooling”.
Hand-carved and completely clear, these cubes are sold in bags of 50 and each bag costs $325.
I don't see how an ice cube being perfectly square has any influence on the dilution factor of the water to the drink. It's not like there's less water in a square ice-cube than there would be in a wonky ice cube - maybe less air, but air doesn't dilute in the drink. Also, jesus christ 325 dollars
Far better would be the stainless steel cubes I saw recently: no dilution, higher thermal mass, and you can study your face in the highly polished surfaces.
Load More Replies...You can either have maximum cooling or minimum dilution, not both. It's the phase change from ice to water that does the bulk of the cooling (it takes as much energy to turn ice at 0° to water at 0° as it does to heat water from 0° to 70°). Want maximum cooling? Increase the surface area. Want minimum dilution? Decrease the surface area.
Pro tips for ice making: 1) Boil the water before freezing. It removes the free gasses and makes the ice cube transparent. 2) Use silicone molds instead of plastics, the thermal exchange is faster and the surface smoother for better aesthetic result. 3) For top shelf whiskey, buy a bag or bottle of medical grade osmotized purified water and use that for ice making. 4) The larger the surface, the better. It cools the liquid faster, keeps the ice solid for longer time and reduces dilution.
Ah! I will try boiling! Because $325 is objectively ridiculous yet a big, clear ice cube is objectively pretty!
Load More Replies...actually, a sphere has less surface area and so would offer the least dilution over time.
I think there was an actual scientific study in Japan (because apparently cancer is cured now?) that concluded that the sphere was indeed the best shape. Can't find the link though.
Load More Replies...You can buy cubed stones for the freezer. They cool your Scotch without diluting it.
PRO TIP for folks on a trailer park budget: If you want your alcohol 'maximum cold' with 'minimum dilution' just put the damn bottle in the freezer. I like spiced rum and one drink I like - I like the rum cold. I have a smaller bottle (old K**b Creek bottle) I fill with the rum and leave in the freezer. If you are the head of a university PM me for where to mail my Rocket Scientist degree. EDIT: FFS BP I can't say "k..n...o... b" Doors had them long before it was British slang.
Private performances with big name artists. I was on a yacht in the Virgin Islands and some mega yacht owner pretty close to us had Christina Aguilera flown in to perform for his guest on the mega yacht.
We were close enough to see the performance - not close enough to pretend to be part of the party.
You can crew a yacht for free, skippers are always looking for competent hands - and no, learning isn’t particularly expensive. Owning a boat is more money though
Load More Replies...I, too, have a yacht. Unfortunately, I don't have a bathtub, so I scoot my yacht around on the dining table covered with blue napkins.
Jimmy Buffet performed at the wedding of Don Johnson and Melanie Griffith. Happens all of the time!
Howard Schultz (The owner/CEO of Starbucks's) was a CLOSE PERSONAL FRIEND of the owner of the company I worked for (She always managed to mention this, like within 5 minutes of meeting her). She was invited to attend Howard's son's wedding in the Hamptons. The rehearsal dinner/party the night before featured Janelle Monae as the entertainment.
Not not sure why you were down voted. Here's an upvote for you
Load More Replies...
Something they do that most people don’t know about is buy entire libraries at once.
My sister used to work at a bookstore, and told me someone came in and wanted to furnish their library with a library size purchase of books. They just wanted cherry picked best sellers left to the discretion of the people working there. It sounded wild.
Yeah a lot of rich people have libraries that are for show. They don't read the books they just want the room to look a certain way.
That's assuming most of them can read and have bothered to learn.
Load More Replies...I support this one. Buying a ton of books probably helps support the book stores to keep them available for us "common people". Buying books is at least less of a waste than flying your pet elephant around in a private jet because you want to show it what an active volcano looks like from the air.
Yes and no. There are rich people who just want to collect valuable, rare books just to have on shelves. Someone may actually want to read them but never get the chance.
Load More Replies...Ohh at the employees discretion If I was in that situation they would have the fanciest hardbound copy of something like Everybody Poops.
I would be too distracted picking all of my favorites to think of any malicious compliance
Load More Replies...I hope to one day have a library, but just like a small cozy reading room filled with my favorite books. This sounds strange, although asking a someone at a bookshop to pick out a handful of their favorite books and buying them that way sounds kind of fun.
I have hopes that one day of my husband will make good on his promise to turn our spare bedroom into my own private little library.
Load More Replies...OK, I have to admit, if I was a millionaire, I would have a house with a library and I would VERY likely go on a book-buying spree to fill my library...not that I don't already have enough books collected over decades of reading, to fill a library today! d=)
tbh i myself stepped on this way i mean i'm collecting stuff like classics and weird cookbooks im not sure when i have the time and ability to read them but i just need to have it in my collection as it is a source of information for future generations
I know of interior decorators that do that all of the time and not just with books.
Pet cloning. Ex boss was getting his dog cloned for $100k
why is this wrong? is he not allowed to spend his money as he wishes?
Load More Replies...I was thinking this too - just like an identical twin, it would have a different personality.
Load More Replies...Look, my Daisy was my soul mate in dog form. I would love to have her again but any clone isn't going to act like her or be her. It would just look like her. I don't care how much money I have I will always adopt. This is a dumb way to use your riches!!!
Imagine how many dogs a shelter could help with $100K.
Load More Replies...Did they not learn from Dolly the sheep? She had terrible problems from relatively early in life. Cloning needs a lot of work before we subject any animal to it.
Fun fact: Dolly was named after Dolly Parton because she was "cloned" from a mammary cell.
Load More Replies...A clone isn't a duplicate. People are saying that it will have a different personality, but what many people don't understand is that it might not even look like the original. It's a completely new animal.
A clone is a duplicate. That's why you get a clone for it to look the exact same
Load More Replies...I terribly miss my little girl. After this type of loss one might consider cloning as an option if one had the money.
A person to go to jail for you in your stead.
This is a known phenomenon in Latin America but I imagine it happens in other places as well.
I'm assuming it just means getting someone else to confess to the crime, take the punishment, get well enough paid to claw themselves or their family out of poverty.
Load More Replies...In France in the 19th century, military service was à lottery, but if your number was called, you could "buy à man" to do the seven years in your place. My great-great-grandfather, who was a farm laborer, was "bought" by à rich boy who didn't want to go. Luckily for him it was peace time, so he spent those seven years bettering himself, learning to read and write and getting whatever schooling the army provided. He became the first schoolteacher of à now long line.
Wow. That's a lovely ending for such an essentially frightening story (having to go to war frightens the hell out of me).
Load More Replies...Similar thing happened in English Public (read private) Schools, where some rich children would have a "Whipping Boy" who took floggings for them.
I hadn't realised the origin of the phrase before. Sadly, it makes a lot of sense.
Load More Replies...If you can buy a heart or a kidney, why not buy a human life so It can rot away in prison in your place? It's horrible but it's the world we have created.
Most places you can't buy a heart or kidney, let alone this...
Load More Replies...In western capitalism the company owner just blames his legal adviser, accountant, operations manager and doesn't have to pay anyone
Jimmy In-'N-Out (from Breaking Bad). And on a related note, during the US Civil War you could legally pay a substitute to go in your stead if you got drafted. The going rate was $300-$500 dollars in the Union. In the Confederacy it reportedly got up to $3000, but that was in Confederate money which wasn't worth much.
Latin American here. This is not true... legally. You can bribe your way out, pay someone to impersonate you or frame someone if you are rich enough, though.
The father of a friend of mine was the general manager of a large auto dealership. The owner had cooked the company's books to pull a fast one on an investor. The owner talked my friend's father into confessing and going to jail. He stayed on the payroll while in jail and afterwards, but he never had to show up at work again.
This is like Trial by Combat in GofT - choosing someone to fight for you
Private boarding gate at certain airports. Complete with showers, a spa, full bar, lounge, food, a bed, gym, sauna etc. Total privacy. Your luggage is scanned and taken through security by a concierge, and you're driven to the plane in a BMW 8 series.
LAX has them now.
NGL, if I was rich I'd be okay with skipping the TSA lines. I don't need the opulence but not spending an hour in a zig-zagging line dragging my luggage with me does sound pretty good.
I've been inside the one at LAX (used to work for TSA). It's on the El Segundo side of the airport. Basically a little luxury room to wait in with snacks and such, and your own TSA person to screen you, then a private car takes you to your actual departure gate. https://reserveps.com/
I think you might mean a BMW 7-series. The 8-series was a sportier number, not a limo. We had one as a taxi in Denmark, and it had air conditioned seats. :D
For the 3 weeks a year one needs air conditioned seats in Denmark?
Load More Replies...It's usually not that expensive. A good bunch of money sure, but definitely within the reach of "special treat once in a while" for a generic middle class traveler.
Load More Replies...Too bad they can't afford their very own airport in every large city. . . maybe next year? I'm sure it would be tax deductible in whatever country they file taxes in. . .!
Everyone knows about mega yachts, but the very rich also enjoy their own trains, or at the very least private super luxurious train cars. With their budgets it isn't expensive to rent space on freight lines and an engine, assuming they don't own their own. Sometimes a group of friends will hook their private cars together and motor around a continent having a big party.
Friend of mine is getting into this business. It’s really fascinating
OK I've got to admit this is the one ridiculous rich people thing I might actually pay for. I love traveling by train.
Being in a club car commuting from CT to NYC every day is worth it. Snacks, concierge, no yahoos screaming into their phones with feet on the seats...
Load More Replies...Yeah, while it is very clean, it doesn't exactly scream luxury. 😅
Load More Replies...Back in the early 2000's I took a train from Eugene, OR to Seattle. At one point we had to make an unscheduled stop for about 15 minutes so some rich car can hook his private railcar to the back of our train. Amtrak didn't find it necessary to apologize to us, the unwashed masses, for the resulting late arrival in Seattle.
I have often thought of this. My hubby isn't a big fan of flying and I told him that if he is able to make a ton of money we should have our own luxury train. It would be a cool way to travel!
Okay, I'd do this. I think I could live with the 15 seconds of guilt I'd have.
You can buy houses "ready to move in only with a suitcase". These house are more than fully equipped. Everything is already there like the whole furniture, glasses, knifes, forks, spoons, tissues and toilette paper, towels, toys and games for the children etc.
I rented one as a student. Came with cutlery, crockery, pots and pans. I already had my own, so they didn't get used. Didn't come with bedding or towels, but that's about all you needed to buy.
Load More Replies...Fully-furnished houses aren’t just for the rich…we toured open houses (newly built, never lived in) and the realtor made sure to let us know (more than once) that all the staging furniture was available to stay with the house if we liked it…
For the rich this is because they have multiple houses. So you buy a house that has everything because you already have a house full of your stuff and you want multiple locations.
That's really Boring though. The joy of making a house yours, into your home is putting your touch on it. Your china, your glasses, your curtains. All of mine are vintage and found with fun. I would hate the above. I didn't have a home for a little while but this still wouldn't have appealed to me 😕
While definitely a rich people option - this one is another one that doesn't hurt anything and is probably a win for everybody involved. Rich person was going to buy most of that stuff anyway. If they are something like an A list actor the money they make in the time saved is probably more than the cost of hiring people to do it. And for many they would not do it themselves anyway to avoid paparazzi etc. Consultants / workers get paid for doing what is likely fairly pleasant work unless the rich person is a monster. Local (or wherever) stores get to sell product - though likely would sell it no matter who buys it. For some rich people it is probably EASIER for the stores if the rich person is NOT the one shopping. (example - shutting down a whole grocery store so Michael Jackson could experience grocery shopping). Anything they decide they don't want likely gets donated to local charity. I can't really think of who loses on this deal except the rich person maybe spending more.
Kidnapping insurance
*steals sergio* come now we binge and eat donuts :3
Load More Replies...If someone kidnapped my menopausal a*s, they'd be calling my husband within the hour, begging him to pick me up.
And wanting monetary support? I think we may have had the same kidnapper.
Load More Replies...As an insurance broker, I've handled quite a few Kidnap and Ransom policies. You basically have to disclose your entire life to get the coverage. It's usually not rich people that buy it, its their leechy offspring that haven't worked a day in their lives. That said, many businesses also purchase it to protect their employees that travel to less developed countries as well, which is a much more respectable purpose.
My colleague is from South africa. She have it and she said she don't stop at red lights either when driving. "They kidnapp white women".
not true, the majority of people kidnapped in SA so far have been muslim businessmen or their families because they ACTUALLY have money. Only one white woman kidnapped so far, and in a rural area. Source: me, south african.
Load More Replies...This one makes sense. Also if you have money you may need an umbrella insurance because people will try to sue you for large amounts, with the help of lawyers who get a share.
If someone was stupid enough to kidnap me, they would soon find that their secret hideout is looted thoroughly
Dinosaurs and artifacts that have not been discovered by Science. A huge problem with Paleontology in general is that most new discoveries are locked up in private collections with noone being able to study them.
For real though? How does some monied m**o buy up something so fresh it hasn't even been studied yet?
Then they can donate it to a museum and not pay taxes. Get a museum room with their name on it to be praised.
And they tell us average incomed folk to save and not spend a cent on extra luxuries. yeesh
And many arent even legal. Some foreign find is brokered without that country even knowing.
Education.
My neighbor used to get “tutored” at home by our school teachers and head of departments. Want me to believe they never leaked exams?
University is a whole different story from admissions to grades.
Even without any cheating - I never went to college because I just couldn't afford it. But I did get a glimpse into the difference a great teacher can make. HS algebra was a struggle for me even though I coasted through HS and was still honor roll. It just didn't click very well for some reason. Then in a few weeks in naval nuclear power school they covered / passed all the algebra I had in HS as well as some trig I didn't have and that time I "got it". Same brain in my head but different teacher / teaching methods. Rich people can afford to change the teacher.
Yes, I want you to believe that they never leaked exams. People who care about money enough to take petty bribes don't stay teachers and probably don't become ones in the first place. And if the student pays attention at all to the tutoring, they won't need the exam leaked to them.
Bro, have you seen what teachers get paid? It ain't a matter of caring about money, it's a matter of keeping the rent paid.
Load More Replies...The college admissions scandal... https://www.usmagazine.com/celebrity-news/pictures/college-admissions-scandal-where-are-they-now/
That's sad really as they won't have any of the coping skills required for life itself 😔
That's in fact illegal in the US. It's against pretty much any teacher contract because it is a massive conflict of interest.
A while back some guy on here was talking about his experience working as a sort of personnel manager for a billionaire and how things are just wildly different for them.
The specific example he used was how things work when these people want to go on a trip, and give any notice at all to their employees.
What happens is that an advanced team gets sent ahead by a few days to scope out the rented/bought location and report back exact dimensions for closet space, drawer space, etc. People back at the home go through the clothing, jewelry, etc, and draw up a priority list which is sent to the advanced team. The advanced team then spends the next two days purchasing the list of items. Entire wardrobes, jewelry sets, makeup kits, bathing supplies, etc. Anything they cannot get (not enough time, or is one-of-a-kind like the family heirloom watch the rich dude wears every now and then) is relayed to the house-team. The family's schedule is arranged such that the moment the family leaves the house on the day of travel, a whole team of people rushes through and packs up all the remaining items (only after the family leaves, you wouldn't want to deny them access to their items for even a few seconds) which are then sent ahead to the airport while the family has a lunch or something somewhere. Upon landing, their luggage takes one route (direct) and the family takes a similarly indirect route (unless otherwise directed) such that by the time they get to the location all of their items are not just unpacked but in their proper organized locations and ready for use without any of the advanced team ever being visible to the family.
What happens when the family leaves the location? The same situation in reverse, but quite frequently all of the repurchased items are just disposed of in some method. It's just easier, if not cheaper, to rebuy them each time the family goes somewhere if they aren't travelling to too many different locations in quick succession.
to money, maybe, but the material goods can be resold or donated
Load More Replies...Not quite exactly to that extreme ...but during those big wildfires in California ( one town called Paradise, I think.. was pretty much wiped out ) and they were interviewing the CELEBRITIES who had homes there...about how horrible it was. the thing is, the celebrities had at least one other house fully stocked and had assistants to take them there and they could just go there... the "regular people" lost everything and had literally nothing but ashes...
Sort of (I survived the Paradise fire). What happened was that there was a fire happening in Malibu at the same time as the fire in Paradise. So the news would say how horrible the Paradise fire was and then interview celebrities whose homes were at risk from the Malibu fire.
Load More Replies...When I used to sail my yacht around the world I had an advance team that would fly into the next country I was visiting a couple of weeks ahead of time to scout out fun things to do and make arrangements so it was ready to go when I got there. Except I was poor, my yacht was a navy aircraft carrier and the advance team were some sailors who set up the USO tours. But I still appreciated it. I got to do some cool stuff for cheap that I would never have known about.
What I wouldn’t give to assist with that ‘disposal’ process of those ‘excess’ items…I could probably retire off that after just one trip!
This reminds me of the servants in the tv show Downton Abbey!
This reminds me of stories of Kings of Europe going on summer tours across their countries.
You can rent celebrities for your private events. Not just musicians, but bona fide actors & actresses.
Super rich guy in Bel Air used to host his kid's birthday party in late October, so they went all out for a Halloween themed party.
Everyone at the kid's school was invited, plus their own friends.
Each year they'd hire some fantastic athlete to appear at the event; 1 year it was Tony Hawk, another year it was some Olympic gold medal gymnastic winners.
The one that threw me was when they hired Demi Moore, Anthony Kedis & Benecio de Toro to be "guests" at the party, to hang out and pretend they were friends with the kid.
Mind you this was a KID'S Halloween party, set outside in a huge, massive garden, spread out over tennis courts & lawns, with games, buffets, dessert tables, taco stands, omelette stands, bbq, pizza, burgers, etc... no booze, no one allowed inside. All the event staff were dressed in halloween costumes, it was VERY cool.
But it was sad to see Kedis & de Toro sitting together commiserating.... you could see the 'f**k, the things we do for a paycheck' look on their faces. They were at a KID'S party ffs.
Demi was very nice, she brought her little doggies.
It seems odd to me that any of those celebrities listed would actually need the money.
Every time you hear ´No´, move the decimal point to the right.
Load More Replies...I laughed out loud at the Anthony Kedis & Benecio de Toro comments. Imagine the awkward conversation with the agents. "But I'm still an A lister right?" "Well... noooooo" "Oh god, you mean I'm B list these days?" "Well, not EXACTLY..." "OMG! You don't mean!?..." "Yes, Benicio, I'm afraid you have been moved to my rich kids' birthdays binder". lololol
Why stop at one Red Hot Chili Pepper bring the whole band and pay them to perform.
That happens in India too. Celebs like actors go to attend weddings and all. They even perform...
Most of these occasions are generally organised through some sort of charity, the rich donate to this said charity that then earns them that in tax break, the celebrity then 'does the work' for the charity and they also gain said value in tax breaks,
Oh boo-hoo. They shouldn't have accepted this gig if they felt so sad about selling themselves. It would have been more fun for everybody involved if they had enjoyed their stay and gone with the flow.
Actual smart homes. The Alexa/Google Home market is bringing it more mainstream, but for decades the wealthy elite have had smart home functionality through companies like Crestron. The controls go far beyond controlling your lights and thermostat, and integrate with more technologies.
I have built homes for the wealthy and this has been a mainstay before I started building America in the 90's. Was always interesting to see the technology advances and now I have been doing it long enough to remodel the remodel of a remodel that I did 27 years ago
I read somewhere that Zuckerbergs house computer is voiced by Morgan Freeman!
Entire floors of hotels or multiple floors. Entire restaurants. Chefs from literally any restaurant in the world to cook for them, wherever they are.
I saw all of those things done by a Prince Of Saudi Arabia: We estimated it cost him $50,000 just for the one private meal in our restaurant, given that he:
1. Had the top four floors of our hotel booked (for the hundreds of staff to take care of him, his wife and his two kids; plus likely some concubines, if I'm being honest). As someone in this part of the world, being rich= the number of people who work for you.
2. He paid $30k just to close our restaurant for one meal.
3. Flew his favorite chef from New York to Orlando to cook for him, on his private jet; and then back again. Of course, it was likely the OTHER private jet he had just for his staff, not for himself or his family.
4. Make food our entire staff, all the kitchen staff, all the federal, state and local security and him, his wife and his two kids.
I have posted the entire story somewhere else in the past, but I couldn't find it easily.
I had a buddy who taught ski lessons to another Saudi Prince's little kid and had some nearly unbelievable and yet similar details during his interactions with them. That kid had an entire team around him or probably ten staff, plus vehicles, snowmobiles, a helicopter, and so on.
I later met a guy who worked on an ultra-luxury 300-foot yacht and served Bill Gates and his wife, among other super-rich people. Their primary job was to operate without interacting with them, or at least as little as possible.
This shows you, in some sense, that having people around you doing stuff you need to be done but doing it invisibly is another perk of being rich.
Watch out! Them there rich folk don't want to be seen with the HELP
It's not so much that as their time is valuable. So one would assume that even leisure time is valuable to them. If you google, Bill Gates earns $1,300 per second (Bezos apparently makes over $5,000 per second). So even having someone ask them if they're enjoying the meal is thousands if not tens of thousands worth of their time.
Load More Replies...I used to think these "my friend works for a Saudi prince" stories were bs. Then I met a guy who literally works for a Saudi prince and he told me you wouldn't believe the number of people these guys hire. This guy was to teach English to his first born son. He had like 6 kids and each of them had a private tutor for each subject, something like 50 tutors in his household for kids alone
It's amazing how rich you can be when you rule a country with an iron fist and murder anyone you want.
You don't NEED to murder anyone to get/stay rich. You just need to produce and sell the gold, diamonds, oil, etc. Talking to you, Putin.
Load More Replies...you mean the car i need to get to work to afford food and shelter ?
Load More Replies...It sounds exciting, but I have had occasions to talk to some of these types of people when I lived in South Florida. Their lives seem very lonely in my opinion, with a lack of REAL family and REAL friends.
My parents went to dinner one time when they happened to be the only customers in the restaurant while they were there, and my dad joked he'd bought up the whole restaurant.
THESE ARE THE PEOPLE I WOULD LOVE TO B*TCH SLAP 3 WAYS FROM SUNDAY...IF YOU HAVE THAT MUCH MONEY, MAKE A DIFFERENCE IN OTHER PEOPLE'S LIVES. LIKE MY DAD INSTILLED IN ME...LITTLE GIRL, YOU ARE NO BETTER THAN ANYONE ELSE. YOU EAT. YOU SH*T. YOU PUT YOUR PANTS ON ONE LEG AT A TIME. ANYTHING ELSE IS JUST SOMEONE NEEDING JUSTIFICATION.
This is all so ridiculous. I am an atheist but I wonder how they don't fear taht they would get into hell... 😁
My dad barely qualifies as a millionaire in the loosest sense. He has told me that there is a certain threshold of wealth where you can just become reliably wealthier and wealthier without a big limit. It goes like this:
He has a friend from Berkeley who worked on Wall Street in the 80s and left with about $1000000 in his bank account by age 35
He used half of that money to start his own business which solar product that was greatly needed by other businesses in the area.
After about 4 years of that, he bought an apartment complex for some side income.
After 7 years the apartment complex has paid for itself, and he spends the profit that year on becoming a majority shareholder in another small business in the area.
After making money on that, he start another small business this time only loosely run by him with a separate CEO to run the company.
Using previously accumulated money he buys a golf course and now he is technically unemployed, but the dude makes between 3 and 4 million a year off of his passive income.
He called me a little while ago saying that his son is a bit of a s**t and that he wants to send him to the military school where I went. I wouldn't be surprised if his son never sees him.
Takes money to make money. This is what the wealthy never understand about the poor
yeah and once you get enough money, it just makes more money by being there.
Load More Replies...A million dollars is not a lot of money these days. You'd need half a million to buy a decent sized house around where I live.
We laughed at a friend who bought up cheap real estate in the 80's. Guess who is laughing now.
"After 7 years the apartment complex has paid for itself" you mean tenant paid for it ?
Not just this, but the more money you have the more risks you can take.
Relationships.
I once worked at an Olympic horse ranch in Colorado, and the owner was from Seattle and was friends with someone that played guitar w Kurt Cobain. Then talking to one of the riders, they had been to a party over the weekend that March Zuckerberg was at. That’s when it hit me - when you’re rich, you just know everyone, or knows someone that knows them.
Six degrees of separation is only for the masses. The elites is closer to two or one.
To be fair you could say the same for most people. You are obviously friends with your friend, but what about their friends? You might know them because you've met them once or twice but they aren't necessarily your friends.
Load More Replies...Or you can be in a smaller country. In my country for example I am 1 degree of separation from our president, because I am friends with someone who is friends with him.
I think a lot of it is rich people wanting to hang around other people that don't need them. People with their own money don't need to casually work into the conversation a request for a loan or I wrote a manuscript give it a read or do you want to come to my Amway meeting. They can just enjoy a party without being hassled for money or autographs.
I worked (years later) with the ME that autopsied Cobain...does that count?
I was a stewardess working on gate boarding and a passenger walked straight by me and I stuck my arm out to block them and request a boarding pass (I was looking down counting at the time) and all other passengers were boarded.......... It was Charlton Heston!
Load More Replies...Seriously-who CARES about Zuckerberg??? He's a dirtbag, solely responsible for increasing the horror that we call social media and he has profited handsomely from it too.
And how exactly did you offer your comment on the matter? Hypocrite.
Load More Replies...Who cares how rich he is. . . I'm. just glad I don't look like this guy. . .!
Citizenship to countries that provide some benefit (tax shelter/international travel advantages/etc.)
I have the german passport, so no need for upgrades :-)
Load More Replies...Eeuuchh the uk is a disgusting enabler of tax havens. The British govt persistently blocked attempts by the eu to standardise tax policy to ensure that rich cants couldn’t pretend they were penniless
Unique items. Occasionally you see in the news stuff like “hat used in some popular movie auctioned for $80,000” or “5000 year old Egyptian statue auctioned for $2,000,000” and I think “what kind of auction do you even go to buy that kind of thing”.
Sotheby's as well. I usually go there to gawk at the upcoming natural history auctions. If only I could!
Load More Replies...The only time I raved something that is not available for a regular person to buy was when I was in uni and during the summer we were "loaned out" to a museum to stand in for the guards who are on holiday. (No worries, not the actual security personnel, just the people who are wondering the exhibits, looking out for kids who touch the glass etc.) I spent a day in an Egyptian exhibit, and right behind be was a small glass cabinet with small trinkets. Among them was a beautiful little cat figurine. Maybe 4 cm tall, black (onyx?), and it just screamed "take me with you!" . So yeah, there, for a moment it would've felt nice to be rich enough to just buy it. But then again, what would I really do with it? This way lots of people can see it, including me. It was just a moment. I still would love to touch and hold it one day, just a little :)
I do impressionism. I once sold a painting for a bag of jalapeno poppers. Monet never did. I win!
Load More Replies...There are so many specialised auction houses. Tennants, Sotherbys, Christies, I recently sold some vintage toys and trains through Vectis who specialise in vintage toys. When you know where to go, any of us can sell through them. Bear in mind, some people find incredibly valuable items for pence at car boot sales, charity shops and garage sales then sell on 😊 The lucky buggers 🤣🤣
I have 2 originals. Both are registered. Although everybody has them, they don't have mine. Wanna guess 🤔?
If you are rich you can have a leg up when it comes to organ transplants. I believe there are flight services where you pay a subscription fee every month or year and if/when an organ is available it will fly you out right way. Also Steve Jobs gamed the system because he was able to get to different transplant hospitals over the country quickly because of his money so he was able to be on multiple waiting lists. He was on liver transplant lists in California and Tennessee, and I believe the later had a shorter waiting list and because of his severity he was able to rise up the list and get a liver faster than if he was only on the list in California. This practice is not technically against the rules but many view it as unethical.
Basically if you need an organ you better be rich.
Steve Jobs had Pancreatic cancer and you cannot get a pancreas transplant no matter how rich you are because it cannot be done.
Yes, he was on multiple waiting lists and had a plane at the ready, but it didn't save hime in the end.
Load More Replies...It is shameful, but it is just as shameful that more people aren't organ donors. 90% of adults support organ donation but only 60% are actually signed up as donors.
And then only a small handful actual donate. A lot of times the family decides against it, even if the person dying wants to do it.
Load More Replies...
Private banks. Rich people use banks like Chase, but they don't bank through regular branches, instead they use Chase Private Banking. They never wait on hold for a banker to pick up the phone, they get same day access to their deposits, lines of credit, etc.. Deposit $3 million into your checking account and you'll get a call from your Bank's private banking group.
Not all banks have a private group like that. When SVB went under a number of individuals with large balances feared they'd lose everything because they exceeded the insurance limits. SVB was popular with tech startups, had the government not stepped in a number of emerging technologies companies could have gone bankrupt.
I once controlled an account with a low 7 figure balance. I was the executor of a large estate / lots of heirs so most of it was not my money. I started getting mailings from the bank for that private banking stuff and I think one time a phone call. It made me chuckle. I'm not that level of customer but the balance was high enough to tick some box and make them think I was for a while.
I have had clients with private banking. They ask and they get. $2m loan ...no problem
It's not really a "rich person" thing per-se, it usually depends on how many of the banks products you use. If you have chequing, savings, credit card, mortgage, car loan, retirement acct in one place, you bet your bottom they'll give you better service to keep your business.
Yep I have this, it's useful. Just drop a DM to my private banker and he sorts out s**t for me.
I had a buddy who hired a driver, got him to get a chauffeur's license, and then made sure his jaguar was long enough to meet criteria as a limo, and then he could legally drink in the backseat.
When I traveled with him internationally, someone met us at the door when we were dropped off, and they walked us to our plane. None of that customs/security stuff occurred.
That's weird, in my country it's just the driver that isn't allowed to drink. Also, that Jag above is a 2009 model and you can get it for about $ 16 667 these days.
Weird laws in the US prohibiting open alcohol containers in a car, to avoid drivers claiming that it was their passenger not them who was drinking. Why it should be an issue is beyond me, they're either over the limit or they're not, but then we still see those clips of roadside sobriety tests' so maybe they just don't use breathalysers so much?
Load More Replies...The customs people aren't usually much interested in you when you're leaving their country, as this guy was. It's the customs people at your destination country who pay attention to you.
What do you mean hired a driver and then he got his license? If he didn't already have that license he wasn't a hireable driver.
The Jaguar is a great car and like most expensive cars is only great if you can afford to buy and maintain it properly. Just because someone pays big money for a car doesn't mean they are smart. BTW I did own one. Never again.
For most people, a car is a depreciating asset - from the moment you buy it, it starts to go down in value. For ultra wealthy car collectors, they are able to access limited edition cars that go up in value immediately. For example, McLaren only made 375 'P1's that they sold for $1-1.5M...they are now worth easily over $3M.
The challenge is it takes more than just money to get one of these - with only a few hundred models to allocate, and with them immediately earning their owners a profit, the manufacturer will look at a number of criteria to decide who gets one. Including how many models of their 'regular' cars you have purchased. If are offered a Ferrari La Ferrari Aperta for $2.2M, you probably own 5+ other Ferrari's and you just bought a pair of matching Portofino's for your twins who are going off to college.
You're talking about new cars here, but classic cars also appreciate in value, and the rarer the car, the more it will be worth. Some cars are destined to be future classics and whilst they will initially depreciate, they will start to appreciate after a period of time when they are no longer being manufactured and the numbers on the road start to dwindle due to accidents etc.
If I was rich I would but a top of the range Ute 4 wheel drive with a customised canopy, or I would get a purple Jeep
Not sure why you're downvoted for stated your preference. I'd love a top of the line Hilux or maybe Ford Ranger. I wouldn't go for a Ram or F-Truck because they're too damned big. I would seriously consider a Rivian or similar electric pickup but I'd rather a few generations of them to work out kinks first.
Load More Replies...TBH, there are currently mid-70s Hondas that sell for more than their original purchase price
My old Mk1 Fiesta cost £1350 in 1991. Same model now goes for up to £10,000. Bloody wish I still had it! Vintage cars are way more fun 😊
Warehouses of cars they never drive. Collections like a clubhouse. Some have hundreds of cars
If you're willing to fork out $35,000 for the player and $500 per showing, you can watch films that are currently in theaters in your own private home-theater.
Cinema quality reels for free on the internet? No way. Sure you can download cam versions, but cinema movies are digitally protected, hence the special player.
Load More Replies...And here I am pissed because Prime wants $20 to rent a movie I really want to see.
And there are so many high end audiophile stores that basically are focusing only on selling to rich snobs. Much of it is snake oil. Speaker cables made with pure oxygen for $1000 a pair. Speakers that can reproduce frequencies up to 100 KHz. (Humans can only hear up to 20 KHz!)
I've long been thinking of going into that line of business but I don't think I could hold a straight face for long enough to make a sale.
Load More Replies...
Specialized household staff. When someone is truly mega-rich, running their household takes the same complexity as running a small to mid-size company, and management is skilled and compensated accordingly. Don't think "butler" - think "head of operations at a luxury hotel."
The staff that household managers oversee can be really specialized as well. For example, Larry Ellison has his own personal curator to oversee his collection of Asian art. They do things like:
* advise on the purchase and sale of art in his collection
* oversee storage and display of art housed on his property
* oversee process of lending art for storage and display at museums
The curator will often have their own staff to conduct actual conservation work, art transport, art installation, etc. So if you've already got an in-house crew of 7 people focused on your art collection alone, imagine how big your entire household staff is! That's why you've got a household manager.
I would love to be able to afford a housekeeper, basically I want someone to do shopping, cooking and cleaning. I don't mind doing either of these things occasionally but it gets tedious when it's all the time.
Have you considered becoming wildly wealthy? After reading this list, I think I've decided to.
Load More Replies...
Private jet timeshares. For those not quite rich enough for their own private jet, or those rich people wanting to be a bit frugal.
There are 'private timeshares' for just about any expensive luxury item. Yachts, jewelry, cars, etc.
I thought it was exciting when my local library said you can borrow a painting for 6 weeks, like borrowing a book.
Load More Replies...Oh, you want to get to your skyscraper across town? Take your personal jet. Waste of money and terrible for the environment. It's all about "image" and "how can I make the most money", and time is money to these people, so if a plane ride is faster, they'll take the plane ride, even if it negatively impacts everyone else.
"Across town", really? If you'd said helicopter instead of jet then maybe a valid point.
Load More Replies...
I don't see it on here, but the vast majority of financial products are out-of-reach for all but the rich. One reason the rich get richer is that they have access to investments that we've never heard of. Ever seen "The Big Short" why do you think Goldman Sachs took a week to correctly price Dr. Michael Burry's housing-short position? Because they were securing that position for themselves and their clients. Those financial instruments are so complicated and the regulation on them so byzantine that it wouldn't surprise me if Goldman actually didn't do anything illegal, like they're allowed, at their discretion, to misprice an asset for a certain period of time. Probably under the guise of the assets being complicated to price, but really it's just a buffer for them to get an edge that regular people couldn't believe.
Imagine going to a horse race an being able to bet on the horses near the end of the race. Rich people get that.
Written by someone without a clue about how financial instruments actually work. There's no such thing as guaranteed risk-free investment no matter how rich you are.
Except that isn't what OP said. They said that rich people can get an edge, which is correct.
Load More Replies...It appears that no one remembers 2008 because there are lenders offering mortgages with zero or 1% down on Facebook. So in about 3 years short housing, insurance, lenders, and construction stocks. You can be rich, too. You heard it here first.
Investment firms pay to be closer to Europe, or they used to. Being closer on the Transatlantic cable meant they got a millisecond advantage in trading. Additionally, there are a ton of protections on losses on investments. I could have cashed out of the EV market and written my losses off. For another example, you can grossly exaggerate a property's value, then depreciate it for whatever reason, write off the difference and never pay taxes.
I used to work in the photo department at Saks Firth Ave. Some days, I would shoot an entire rack of clothing worth around half a million dollars. There was a Alexander McQueen leather jacket that was around $40,000. So I imagine a lot of that sort of nonsense.
I just got these super cute shorts from a thrift store a few weeks ago, and they are SUPER comfy. All of those designer clothes don't look comfy. So pass
The thing is, they mostly really are and the fabrics are amazing. Not saying they're worth every penny, but they are far and away better quality and value. Go try some on one day.
Load More Replies...Worked in luxury retail for 25 years. Some items are worth the price but only a few out of many. Many designers like Versace and D&G purposely make them lesser quality so there won't be as many "vintage " pieces around.
Surprised. Not surprised. Well, I will Avoid their pieces when I go to my local DAV!
Load More Replies...I just feel like there's a stock photo of a leather jacket out there that's not fulfilling its destiny.
Some wealthy people buy books as decoration, with no intent of reading most of them. They buy books from wholesalers by the linear foot, specifying how the books look on the shelves (size, color, material of spine, etc.) without any regard for what the books actually are. They just need to fill wall space in library/office rooms in their homes.
So many of these sound so hollow it makes me sad. If you had the money to buy entire libraries and fine art, why on earth would you hire a stranger to pick it for you? And renting celebrities as friends? I'd rather hang out with people who choose to be around me because they want to
Because they trust an 'expert' opinion, and it takes the 'stress' and time out of picking it out themselves. And if they don't like it, no big deal. Sell it on, or put it somewhere out of the way to appreciate in value. Once again, rich people can buy themselves tons of time.
Load More Replies...Being mega rich sounds exhausting. I guess you have to be born into it to enjoy such life. Having people around you constantly, staff all around house all the time, that would drive me bonkers. I’m fine with winning a lottery, a few millions to travel and not have to work lol, but still kinda keep in touch with life as I know it.
My friend who was rich hated the stress of always having staff around. Her dad was political so reputation was very important. You roll out of bed and you've got the upstairs maid, the downstairs maid, the house manger, and the chef, minimum. And you got to be polite and cheery to each one. It's like living in a hotel and always having to be "on."
Load More Replies...All I want from "money" is enough to buy myself and close family members detached houses so we don't have to worry about neighbours, and then enough to live on at the standard we currently do (poorly). That's it. I don't need yachts, art, hypercars, foreign holidays, luxury fashion and books I won't read. Just a house of my own without neighbours and the knowledge my loved ones have that too.
Yeah If I were flush with money I'd get my driver's license, buy a small car, go on my dream holiday (Japan), and buy a hobby farm for myself to live on (I'd love to live almost fully self-sustainable but that takes money to set up). And if I had money left over I'd start up my social entreprise where I help younger people who have difficulties living alone or entering the regular job market (in conjuction to animal welfare which is also part of my entreprise idea) Oh and I would pay for a housekeeper to come by three times a week to help out with the general cleaning and pay them way above minimum wage for that because they deserve it for the work they do.
Load More Replies...I just want the opportunity to prove that money wouldn't corrupt me. I used to be young and poor.... now, after years and years of work, I'm not young any more.
so in my country I'm top 1% (well I was), so I had the luxury of doing some of these things. Not private jets etc., that's way beyond me, but a few things like hiring people to sort out s**t. So for example, any government red tape I just pay someone to queue. Any banking s**t I just have a private banker. And periodically I buy lunch for all my staff. But the other stuff is WAAAY beyond what I can afford. To do some of that stuff here (Africa) you'd need to be a billionaire in our local currency (dollar millionaire).
The private jets listed weren't owning, but renting space. We have several companies that offer the service here that charge a few thousand for a trip. Business people love it because they don't have to do TSA or big lines.
Load More Replies...Let's face it, there's practically nothing that *isn't* available for purchase if you're rich enough. That being said, an old saying about having more money than brains comes to mind...
Depending on the person they may have had brains before being rich, then used money to buy things that turned their brains to mush.
Load More Replies...The moral of the story is that we have to eat the rich. Nobody goes hungry because there is not enough food, or homeless because there are no homes. People go without because some have far too much.
I had a customer who forgot his pyjama at home, so one of our drivers picked it up and drove it 500 km to the swiss Alps to him.... Buying another would have been cheaper, but he wanted his old one.....
So many of these sound so hollow it makes me sad. If you had the money to buy entire libraries and fine art, why on earth would you hire a stranger to pick it for you? And renting celebrities as friends? I'd rather hang out with people who choose to be around me because they want to
Because they trust an 'expert' opinion, and it takes the 'stress' and time out of picking it out themselves. And if they don't like it, no big deal. Sell it on, or put it somewhere out of the way to appreciate in value. Once again, rich people can buy themselves tons of time.
Load More Replies...Being mega rich sounds exhausting. I guess you have to be born into it to enjoy such life. Having people around you constantly, staff all around house all the time, that would drive me bonkers. I’m fine with winning a lottery, a few millions to travel and not have to work lol, but still kinda keep in touch with life as I know it.
My friend who was rich hated the stress of always having staff around. Her dad was political so reputation was very important. You roll out of bed and you've got the upstairs maid, the downstairs maid, the house manger, and the chef, minimum. And you got to be polite and cheery to each one. It's like living in a hotel and always having to be "on."
Load More Replies...All I want from "money" is enough to buy myself and close family members detached houses so we don't have to worry about neighbours, and then enough to live on at the standard we currently do (poorly). That's it. I don't need yachts, art, hypercars, foreign holidays, luxury fashion and books I won't read. Just a house of my own without neighbours and the knowledge my loved ones have that too.
Yeah If I were flush with money I'd get my driver's license, buy a small car, go on my dream holiday (Japan), and buy a hobby farm for myself to live on (I'd love to live almost fully self-sustainable but that takes money to set up). And if I had money left over I'd start up my social entreprise where I help younger people who have difficulties living alone or entering the regular job market (in conjuction to animal welfare which is also part of my entreprise idea) Oh and I would pay for a housekeeper to come by three times a week to help out with the general cleaning and pay them way above minimum wage for that because they deserve it for the work they do.
Load More Replies...I just want the opportunity to prove that money wouldn't corrupt me. I used to be young and poor.... now, after years and years of work, I'm not young any more.
so in my country I'm top 1% (well I was), so I had the luxury of doing some of these things. Not private jets etc., that's way beyond me, but a few things like hiring people to sort out s**t. So for example, any government red tape I just pay someone to queue. Any banking s**t I just have a private banker. And periodically I buy lunch for all my staff. But the other stuff is WAAAY beyond what I can afford. To do some of that stuff here (Africa) you'd need to be a billionaire in our local currency (dollar millionaire).
The private jets listed weren't owning, but renting space. We have several companies that offer the service here that charge a few thousand for a trip. Business people love it because they don't have to do TSA or big lines.
Load More Replies...Let's face it, there's practically nothing that *isn't* available for purchase if you're rich enough. That being said, an old saying about having more money than brains comes to mind...
Depending on the person they may have had brains before being rich, then used money to buy things that turned their brains to mush.
Load More Replies...The moral of the story is that we have to eat the rich. Nobody goes hungry because there is not enough food, or homeless because there are no homes. People go without because some have far too much.
I had a customer who forgot his pyjama at home, so one of our drivers picked it up and drove it 500 km to the swiss Alps to him.... Buying another would have been cheaper, but he wanted his old one.....
