3 ms·

A million or more per year is middle class now?

• wallawe 15y ago
  You're missing his point. The difference in 100M and 200M dollars is the potential good you can do with it.
• vacri 15y ago
  I put 'middle class' in quotes for a reason. I thought it was obvious it meant the lifestyle of buying your home and making sure your needs are met, but not doing anything particularly unusual or entrepreneurial. Honestly, given the context of the comment, what did you think I meant?
  • josefresco 15y ago
    "buying your home and making sure your needs are met" with $58 million? You're economic scale is widely out of whack. You could buy a house and meet your needs with $60K/year. With 58 million you could buy an entire neighborhood and provide for the needs of your entire family for several generations. I hope I'm mistaken on your intent.
    • vacri 15y ago
      Ironically, you're exhibiting the exact behaviour I'm talking about - thinking tightly in the box. "I have a lot of money. At last I can buy a very nice home, have no debts, set up large trust funds for my kids/friends/whatever, maybe buy a yacht and scoot around in it" is what I mean by 'middle-class', aka 'living the way I always dreamed' kind of stuff. "I have a lot of money. I'm going to buy an NBA team and run it, and also fund a charitable organisation to eradicate malaria in Cambodia. Then I'm going to give patronage to an art school" is not.