ADVERTISEMENT

Since the beginning of the pandemic, the Institute for Policy Studies has been tracking the rapid growth of rich Americans' assets, and it's become one of the most disturbing reminders of inequality during a crisis that has devastated ordinary families.

As the U.S. approaches 1 million deaths from Covid-19, the country's billionaires have seen their combined wealth rise over $1.7 trillion, a gain of over 58 percent during these challenging times.

So when internet personality Bilal Harry Khan tweeted about the disconnect between the classes, it really struck a chord with other Twitter users.

Image credits: TweetsByBilal

"Overhearing rich people's conversations always cracks me up," Bilal said. "The things they casually do in their social lives truly remind you how broke you are." In just a few days, his words received 136,000 likes and, more interestingly, inspired folks to share examples of these exact situations.

From 60-year-old ladies hitting it off by talking about their mansions to a student complaining about having to attend her dad's hotel openings, here are some of the most outrageous ones.

#2

Things-Rich-People-Do-Remind-How-Broke-You-Are

brinalynn__ Report

Add photo comments
POST
leighannebrown-pedersen avatar
LeighAnne Brown-Pedersen
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You’re making money (hopefully great money) by flaunting your assets. Is it weird that I’m mixed on this. Strange way of redistributing wealth. But… good?

View More Replies...
View more commentsArrow down menu

U.S. corporate after-tax profits hit a record high of $2.5 trillion in the third quarter of 2021, further enriching wealthy executives and shareholders. One factor behind the profits spike, according to writers Sarah Anderson and Brian Wakamo, is the fact that giant corporations have used the excuse of pandemic-related supply chain bottlenecks to jack up prices for gasoline, food, and other essentials.

Workers, particularly those at the bottom end of the wage scale, have gotten some long-overdue pay increases, but these were not the result of any employer largesse. Instead, many have gone on strike and taken other actions to leverage their power at a time of pandemic staffing challenges. Unfortunately, rising consumer prices are taking a bite out of those wage gains.

#3

Things-Rich-People-Do-Remind-How-Broke-You-Are

RMauriceParker Report

Add photo comments
POST
nathanlaycock avatar
Nathaniel
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I summer my broke @ss in my house where I also spring, autumn and winter.

View More Replies...
View more commentsArrow down menu
#4

Things-Rich-People-Do-Remind-How-Broke-You-Are

_Amanda_1984 Report

Add photo comments
POST
nathanlaycock avatar
Nathaniel
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

When most people cannot afford to get on the housing ladder, that woman is most definitely rich.

View More Replies...
View more commentsArrow down menu
#5

Things-Rich-People-Do-Remind-How-Broke-You-Are

Damn_thats_wild Report

Add photo comments
POST
idcforreal1337 avatar
Béla Kun
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Most of those rich ppl know deep down they don't deserve that wealth, hence they have huge imposter syndrome which makes them A grade a holes and stingy af.

alexking avatar
Alex King
Community Member
1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I disagree. These people actually “absolutely” believe they are entitled to everything they have and even more $$$. They also think that if you don’t have $ it’s because you’re not good enough and don’t deserve it. That’s why they don’t tip.

Load More Replies...
cjbrenna avatar
Britches are for everyone
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I was a pizza delivery driver in the 90s/early 2000s. Same thing. The richer they are, the less they tip.

lisah255 avatar
LH25
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I delivered pizza in the 80's. Same. My area covered some of the wealthiest neighborhoods and then regular homes and apartments. One time, delivering to a beautiful home, the wife yelled back to her husband "How much should I tip?" He replied "nothing, let them work for it like I did". I'm standing there thinking that is literally what I am doing, working.

Load More Replies...
annelouise-bidstrup avatar
AnnaBanana
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

That's how they stay rich. They hate spending money on anyone but themselves.

kelleyshy avatar
Kelley Shy
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Ppl who have struggled/are struggling, empathize with other folks in the same life struggle. And because of this, they are more willing to help. It's ironic and wonderful all in the same act of kindness

ariawhitaker avatar
Aria Whitaker
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Hmmm. I have read that Door Dash drivers can choose their deliveries and may not even pick up your order if there is no tip included. Guess this driver is the exception.

nofxgirrl0-0 avatar
Evelyn Ann
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Once it's rejected by drivers enough, doordash will up the base price til someone takes it. If someone's food ever takes 2 hours, the tip wasn't enough to cover the gas to deliver it. As a former pizza deliverer i wholeheartedly agree with this. Spending 4$ in gas to deliver food then someone stiffs you is absolute c**p

Load More Replies...
sumerasurti avatar
Sam
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The rich are crippled with with the fear of poverty.

jeancunningham avatar
JMC5003
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

One of my sons did a deep dive into the psychology of the rich. He said in their minds, they are their money and their money is them. Whereas money is a tool for me, to enable me to pay bills, etc., to the wealthy it's their whole identity. Something threatening the loss of any of those funds is like a physical affront. They equal their wealth, their wealth equals them, and without it they have no worth as a human being. Also explains the arrogance of the wealthy - those who aren't rich have no worth. I'm far from being wealthy, but at least I'm aware that I have worth that isn't dependent on how much money I have.

Load More Replies...
robert-thornburrow avatar
Robert T
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Rich people are often misers. This is how they got rich. They might splash out on some things, often to project an image, but on others they are utter tightwads.

chrismenaster avatar
Chris M
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

They did not get rich by saving money, they got rich by inheriting it and/or exploiting people.

Load More Replies...
mariannekraus avatar
Marianne
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I used to sell potatoes at my parent's farm. The people driving in with a big BMW or Porsche SUV were always those who complained the potatoes were too expensive. Well if you splurged so much on your car that you can't feed your family with potatoes, you should go to Aldi instead.

ctrteresa avatar
Teresa Taylor
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I use DoorDash a lot. I also live out in the middle of nowhere. I always tip the highest amount. When I get my hair or nails done, I always tip 25%. Most of the time (like yesterday) it only amounts to 6.25. However, there are really wealthy people where I live that tip like c**p. Tipping well makes me a good customer and they, in turn, take extra care of me. It's a win-win situation. If I cannot afford to tip 25% for the service I receive, then I cannot afford the service. I need to wait until my finances are better.

garyharkins avatar
Gary Harkins
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yep!! I would deliver steak dinners to the wealthy neighborhoods and get zero tip but the $10 McDonald's delivery are the ones that would give me between $5-$10 every time. Definitely had better interactions with the non wealthy that's for sure!

nikkisevven avatar
Nikki Sevven
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You didn't think they became rich by being nice to people, did you?

shopgirl012974 avatar
Alicia M
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My friend who doordashed said the same thing. Rich people were always the worst, rarely tipping well at all, while a guy living in a trailer park tipped $10 for his delivery. Regular people know the struggle. Rich people don't know or don't care. Maybe both.

fodder avatar
Hank
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Let's see...Porsche capitalized, Range Rover and Jeep not, tip, however - capitalized. No punctuation to speak of...what's your degree in, again? Door-dashing...? There is a reason people have money - they're not completely uneducated losers.

lcaputony avatar
Ella Blackwood
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Some of the richest people I know are the cheapest people I know. They can be such tightwads, especially when it comes to tipping.

jeancunningham avatar
JMC5003
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

No one should need to depend on tips for survival. We need a liveable minimum wage in the US. Trickle down economics does not work - these posts are a prime example of why that's true.

guyx23 avatar
guyx23
Community Member
1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yeah you're not *owed* a tip, regardless of how wealthy the person is

lisaintally avatar
Lisa Intally
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

They are rich because they fought to keep every nickel they could.

tmarek13 avatar
just me
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I knew a guy that worked as a mover. He said the people you got tips from were always working class, lower middle income at most. The rich folks never tipped.

cshikany avatar
Poultry Geist
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I always say rich people didn’t get rich by giving away their money

iikenze avatar
Ogidi Girl
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Unfortunately most people in those situations are living off credit and are most definitely not rich. They are actually so far in debt that you would be shocked.

katharinagonsior avatar
LaLaMama
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My mom always says: "You learn from the rich how to save money"

michaelswanson avatar
UpQuarkDownQuark
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I was a pizza delivery driver 30 years ago. Same thing. Deliver to the mansions, exact change. Deliver to the white collar house, $1. Deliver to the blue collar house, $2-3.

axanthus avatar
Drea Benoit
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Probably because those with less know what it’s like. Wealthy people don’t know, or forgot

bree_saw avatar
Sabrina Fisher
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Fellow dasher here and it really is like that. I have delivered groceries to a small house in the bad part of town and gotten a $10 tip but delivered to the swanky part of town to a HUGE house car full of groceries and the tip was $0.18

dc1 avatar
DC
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

If I cannot afford to tip, I don't order. Since the app the drivers have to have running on their phones (I couldn't even work that right now - no smartphone, would have to buy one, but don't want to yet ... just don't, no specific reason other than not liking touchscreens) is able to snitch, I silently give them about 2 € each time, no word, just a nod from me, from them, all well. It's meant for the guy who rode his bike here, and for about half an hour of work, added to their not-that-great wages, I think it is just about what everyone should do. Readjusted the amount this year, stuff got more expensive. Their stuff, too, so ... if I want to eat stuff from elsewhere at home, I go get it or I pay a damned tip. In the US, this is even worse than in the EU right now, but it's bad enough here that no one loves that job. Funny thing is, I'm an engineer, by no means a worthless kind of education, and don't make THAT much either, but just enough to get by.

mirroredimages avatar
Mirrored Images
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Because …who feels it …knows it…rich people don’t need money 💰…they don’t think people it either !

scissortailokc avatar
Kelly Taylor
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I was once told that they don't make money to give it away and you don't stay Rich by doing so

jessgunn77 avatar
JessG
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I think the rich would say that one of the reasons why they're rich is from being frugal enough not to pay for unnecessary things, like tipping. "You tipped $20?! That's why your poor!"--- delusional

tammilee_truitt avatar
Tammilee Truitt
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I've delivered for Domino's for 14 years. Definitely good and bad in any given neighborhood, but it hurts the most being stiffed by the rich. I'm quitting in about 6 months, ironically marrying a rich, yet generous man. I am trying to come up with "quit" ideas. Can't wait.

View More Replies...
View more commentsArrow down menu

There are several prominent case studies and analysis reports that provide insight into income inequality, income disparity, and income distributions in the U.S. and across the world.

ADVERTISEMENT

The Urban Institute, for example, is one of them. In an analysis of 50 years of economic data, the institution showed that the poorest got poorer while the richest got much richer.

Between 1963 and 2016:

  • The poorest 10% of Americans went from having zero assets to being $1,000 in debt.
  • Families in the middle-income segment more than doubled their prior average wealth.
  • Families in the top 10% had more than five times their prior wealth.
  • Families in the top 1% had more than seven times their prior wealth.
#6

Things-Rich-People-Do-Remind-How-Broke-You-Are

ronythedisciple Report

Add photo comments
POST
nathanlaycock avatar
Nathaniel
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I once owned a paddle boat. It was a wind up one that would paddle about in the bath.

View More Replies...
View more commentsArrow down menu
#8

Things-Rich-People-Do-Remind-How-Broke-You-Are

lizzyloo412 Report

Add photo comments
POST
reddmenace23 avatar
Green Machine
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Maybe she should cut out Starbucks.. and try to eat in more? Poor woman... LAWL.

View More Replies...
View more commentsArrow down menu
ADVERTISEMENT
#9

Things-Rich-People-Do-Remind-How-Broke-You-Are

tuchimidepierna Report

Add photo comments
POST
noname_20 avatar
no name
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

It makes my a*s itch, that in this day in and age we still have Royal families.

View More Replies...
View more commentsArrow down menu

In 2018, the Economic Policy Institute released a report showing a general trend toward increasing incomes of the top earners following the 2008 recession. Between 2009 and 2015, the incomes of those in the top 1% grew faster than the incomes of the other 99% in 43 states and Washington D.C.

Many factors can be associated with this trend, including salary stagnation for wage-earning Americans, tax cuts for the richest Americans, a loss of manufacturing jobs, and a soaring stock market that inflated the worth of corporate executives and hedge fund managers.

ADVERTISEMENT

Post-recession, companies are also investing heavily to hire and keep workers with specialized skills in fields such as engineering and healthcare. This has caused reductions or new automation takeovers in other functions, pushing down wages for workers in less competitive positions.

#11

Things-Rich-People-Do-Remind-How-Broke-You-Are

Weirdnesss_ Report

Add photo comments
POST
nathanlaycock avatar
Nathaniel
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I mean depression can effect anyone but.... this is a whole different world, and can only one rolex? If I had a rolex, I'd sell it. To pay for the things I need.

View More Replies...
View more commentsArrow down menu
#12

Things-Rich-People-Do-Remind-How-Broke-You-Are

jonutchii Report

Add photo comments
POST
leighannebrown-pedersen avatar
LeighAnne Brown-Pedersen
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Remember when Bloomberg explained tips on ‘poor people’ making less than $300,000 and tips on how to afford to live. So all us peasants down here making less than $300 …

View More Replies...
View more commentsArrow down menu

According to a 2022 report by World Inequality Lab, the global bottom 50% captures only a very small share of global income, just 8.5%. This means that, on average, the bottom 50% earns slightly less than one-fifth of the global average, i.e. just $2,915 per year.

The global middle 40% earns 39.5% of the total: its income is very close to the global average, at $17,178 per year.

But the global top 10% earns 52% of the total, which is slightly over five times the global average. Its average income per adult amounts to $90,782 per year.

#14

Things-Rich-People-Do-Remind-How-Broke-You-Are

meat_trees Report

ADVERTISEMENT
#16

Things-Rich-People-Do-Remind-How-Broke-You-Are

hashtaglilred Report

Add photo comments
POST
crabcrab avatar
Hans
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"Because you might want a planet to exist for people to live on tomorrow."

View More Replies...
View more commentsArrow down menu

Global wealth, however, appears to be even more unequally distributed than global income. The poorest half of the world's population owns just 2% of total net wealth, whereas the richest half owns 98% of all the wealth on earth.

The bottom 50% owns, on average, $3,019 of assets (typically in the form of land, housing, deposits, or cash).

Among the richest half of the global population, the middle 40% owns just 22% of total wealth (on average $42,570 per adult), and the top 10% owns 76% (i.e. $573,350 per adult, on average, including a large share of financial wealth such as stocks and bonds).

#18

Things-Rich-People-Do-Remind-How-Broke-You-Are

momnixon Report

Add photo comments
POST
emory_ce avatar
Carol Emory
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"here...let me babysit for free to make up the difference. Oh wait...you don't pay me enough for that to happen!"

View more commentsArrow down menu
#19

Things-Rich-People-Do-Remind-How-Broke-You-Are

Realitytvbiased Report

Add photo comments
POST
dirkdaring99 avatar
Dirk Daring
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The sentence, "You just have to hire someone to screw your..." could have ended very differently.

View More Replies...
View more commentsArrow down menu
ADVERTISEMENT
See Also on Bored Panda

"We should note that when we measure global wealth inequality using market exchange rates, rather than purchasing power parities, then there is even more inequality," the report noted.

"The global bottom 50% owns less than 1% of total wealth and the global top 10% nearly 82% of it. To summarize ... the world is marked by a very high level of income inequality and an extreme level of wealth inequality."

#24

Things-Rich-People-Do-Remind-How-Broke-You-Are

SansDebate Report

Add photo comments
POST
pj56jvys9x avatar
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I wonder how those people would cope if their parents suddenly went broke. And by broke I mean not 2 cents to rub together and miles deep in debt.

View More Replies...
View more commentsArrow down menu
#25

Things-Rich-People-Do-Remind-How-Broke-You-Are

KyMamaKS Report

Add photo comments
POST
viviane_katz avatar
-
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

$1K for a steak dinner?? What wine were they having with the Kobe beef?

View More Replies...
View more commentsArrow down menu

The World Bank noted that although global poverty has more recently resumed its pre-pandemic downward trajectory, between 75 million and 95 million additional people could be living in extreme poverty in 2022 compared to pre-COVID-19 projections, due to the lingering effects of the pandemic, the invasion of Ukraine, and rising inflation.

ADVERTISEMENT
See Also on Bored Panda

Research suggests that the effects of the current crises will almost certainly be felt in most countries through 2030. Under these conditions, the goal of bringing the global absolute poverty rate to less than 3 percent by 2030, which was already at risk before the pandemic, is now beyond reach, unless countries take swift, significant, and substantial policy action, The World Bank believes.

#30

Things-Rich-People-Do-Remind-How-Broke-You-Are

heyyitsjanea Report

Add photo comments
POST
monickrugell avatar
Monic Krugell
Community Member
1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The poor poor little fragile thing that has to go get free food and entertainment.....

View More Replies...
View more commentsArrow down menu

Note: this post originally had 45 images. It’s been shortened to the top 30 images based on user votes.