However, if we're talking about state of mind, then rich can be how secure one feels in their lifestyle. If all your family and friends are hedge fund managers/

However, if we're talking about state of mind, then rich can be how secure one feels in their lifestyle. If all your family and friends are hedge fund managers/CEOs/famous athletes and everyone is worth 50M+, then having a mere 10M won't feel rich. You won't be able to engage in many of the activities they can. You might also not feel rich if your wealth isn't secure, there is wealthy and then truly high net worth, where you can make so much off the interest that you can afford multiple houses and a private jet. If "state of mind" is your standard then almost anyone can tell a story about how they aren't really rich. And this isn't just me screwing around. There is a bunch of research about how the vast majority of people, no matter their financial situation, don't quite feel rich because they can always see "the next level up." Perhaps we should be using a better standard than "state of mind."