> At $5M in wealth, it ought to be possible to go basically anywhere in the world and live comfortably without working. Yes, I like that definition as well. If

> At $5M in wealth, it ought to be possible to go basically anywhere in the world and live comfortably without working. Yes, I like that definition as well. If you look at the wealth report, $5M is also the threshold for getting the highest return on investment and having access to the best possible investment advice. In other words, it would take pretty serious mismanagement to squander $5M if you aim for a normal lifestyle and not exorbitant luxury. But I'm not sure where that gets us. So we've defined a level of 'rich'. That's still not good enough to base a policy on. What's our aim? Capping the wealth? Taxing it? What's to be done with the wealth? Does the policy have a chance of being politically viable? I'm not sure anything can even be done on an individual country level. Once you reach that level of wealth - your capital is mobile, and essentially global. There are no boundaries for wealth management firms with wealthy clients.