I used to work on a yachts. I've worked for billionaires and people worth hundreds of millions. The pattern seems to be they hire people who know what they are

I used to work on a yachts. I've worked for billionaires and people worth hundreds of millions. The pattern seems to be they hire people who know what they are doing. They provide those people with resources to accomplish what they were hired to do. And, they stay out of the way. When I tell people I was a yacht chef, people often ask if the owners or guests tell me what they want to eat all day. In fact, people never tell me what they want to eat. If it is a charter I will speak with the guests to make sure I satisfy dietary concerns and know about certain preferences like whole milk vs. 2% milk. The people I work for make decisions concerning large amounts of money all day. The last thing in the world they want to think about is what is for dinner. That is why they hired me to make those decisions. Of course, I'm always right because guests and crew on my yacht eat the same thing so the owners and guests always eat what I want to eat for breakfast, lunch, and dinner. The pattern I see is that truly wealthy people, not New Yorkers spending more than they really have, don't micromanage.