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Even moderately wealthy people have executive assistants for their family. That's a thing and definitely far from requiring 1% status.
by 20after4 3y ago
Even moderately wealthy people have executive assistants for their family. That's a thing and definitely far from requiring 1% status.
- HWR_14 3y agoIt's kind of amazing that you think it's not a 1% status to have an assistant like that.
- 20after4 3y agoDepends on which 1% we're talking about. I was thinking of the top 1% wealthiest people, which is a very small group. If you are thinking of 1% of the population then that's a bit of a different measure.
- Ekaros 3y ago1% usually refers to top 1% of all population. So 11M in wealth or 823k income. Top 5% income is 343k. Which likely in areas they are living don't leave that much room to hire full time personal assistant. And really in discussion difference between top 1% and top 5% isn't significant.
- mistrial9 3y agoin the coastal USA and elsewhere, increasing number of "wealthy people" do not form stable relationships and do not make children. Increasing amounts of legal requirements for anyone physically near them, and 24x7 media contact with other, wealthy people far away.. seem more likely. Not everyone likes this - the "no children" part, so for example on the highway from UC Davis into Sacramento state capital, there is a large color ad for "securing your future" which is apparently, for "wealthy" women to freeze their eggs, since they have no time-partner-place to make children now. Italy, Japan, some USA and some others are following this new pattern, of high-competition people making a lot of money, but the cost is no family, no children.