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Similarly, I don't think it's correct to characterize SBF's background as 'middle class'. Apparently, both of his parents are Profs at Stanford Law School. Most
by timkam 4y ago
Similarly, I don't think it's correct to characterize SBF's background as 'middle class'. Apparently, both of his parents are Profs at Stanford Law School. Most likely, they are wealthy or even rich and SBF could benefit from their network, gaining access to the American elites without too many questions asked.
- beowulfey 4y agoI wouldn’t assume his family is wealthy, just because they are in academia. You don’t go to academia for the money. (Although I’m not sure exactly what you mean by wealthy vs rich)
- timkam 4y agoBy common sense: most of academia is monetarily less attractive than Stanford Law School. The salaries of two full professors there make the family at least wealthy, i.e., able to maintain an upper class life. And the perks of being a full professor at Stanford Law School presumably include very attractive opportunities that can make one rich (able to amass wealth), e.g., well-paid consulting gigs and advisory roles. But I agree, my distinction between wealthy and rich is pretty sloppy.