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I'd say it really depends on the mentality of the very rich person The very wealthy are going to fly private. Upper middle class could swing this on a case-to
by SJC_Hacker 1y ago
I'd say it really depends on the mentality of the very rich person
The very wealthy are going to fly private. Upper middle class could swing this on a case-to-case basis, but not regularly and especially if not if they frequently travel
Other than that, the main difference is the very wealthy having a mentality of getting people to "take care of problems" to a much larger extent. For example, routine tasks like cleaning. An upper MC person might have a weekly cleaner at best. But they still have to load/unload dishwasher, do their own laundry, etc. A very rich person has a full-time housekeeper.
The very rich have circles of people they rely on to take care of problems. Like having "a lawyer" who they go to for and have known for years. There seems to be much more of a sense of personal relationships / loyalty. Almost like the old feudal oaths.
- Animats 1y ago> The very rich have circles of people they rely on to take care of problems. At the higher levels, there's a "family office" which takes care of such things. All bills go there, and anything that needs to be done, they take care of. The first big one was the Rockefellers', which was in Rockefeller Center in New York. (That turned into a business. Now it offers Being Rich as a Service.)
- JumpCrisscross 1y agoFamily offices manage investments. Personal staff are typically separate.
- Animats 1y agoTraditionally, yes. That's for the people who inherited a mansion, retainers, and trusts. Now there are family office concierge services. "Luxury lifestyle as a service" is available.[1] That's for people who made a lot of money all at once and need guidance in spending it. (The people I've known with serious money made most of it themselves, and didn't need a family office. Except for one married couple who blew through 8 figures and went broke.) [1] https://www.maisonbenjamin.com/familyoffices https://www.maisonbenjamin.com/familyoffices
- JumpCrisscross 1y ago> Now there are family office concierge services These are between multi-family offices and scams targeting new money. (The intersection between the best hospitality folks you can privately hire and the best money managers is roughly zero. Consolidating those functions makes no sense unless someone cannot afford them.)
- Animats 1y ago> These are between multi-family offices and scams targeting new money. That's a good way to look at it.
- JumpCrisscross 1y agoJust take the website you presented. There is a contact us page. Who do you think they’re targeting?
- SpicyLemonZest 1y agoMaybe I'm not rich enough to get it, but in the footer this site identifies itself as a member of a travel agency which is itself a member of a third travel agency. I'm getting the same vibe you see from the "wealth advisors" who run around trying to feed people structured notes.
- lrhegeba 1y agohttps://en.wikipedia.org/wiki/Quintessentially_Group https://en.wikipedia.org/wiki/Quintessentially_Group would be another one. American Express has a concierge service for their wealthier clients as do most big banks with services for their wealthy clients
- AStonesThrow 1y agoWhat comes to mind here is Up In The Air starring George Clooney. Now Ryan Bingham doesn't command any particular status or wealth, but he makes a living firing people on behalf of other companies ("Concierge firing-as-a-service"?) and he leads a nomadic lifestyle that many of us would find completely intolerable. His one lifelong dream is to earn 10,000,000 Frequent Flyer miles and hold the special Unobtanium card from American Airlines. [SPOILER WARNING] He achieves this during the final flight of the film, and when he dials the number on the back, he comes to realize that this is his unique number and there is a specially-assigned staffer waiting by the phone to personally take his call. I can envision this sort of revelation as the experience of someone who comes into money and suddenly finds their needs being personally met by a concierge or family office.
- naveen99 1y agoI would pay to avoid flying : private or public…
- bombcar 1y agoYou can hire a private rail car: https://www.amtrak.com/privately-owned-rail-cars https://www.amtrak.com/privately-owned-rail-cars
- kortilla 1y agoWell your link is to have Amtrak tow your private rail car. You have to provide it yourself. There is a different company that offers luxury private cars that I can’t remember the name of now.
- bombcar 1y agoThere’s a number that provide rentals (many are preservation societies/charities that hire out their cars for income). https://www.aaprco.com/charter-a-private-car https://www.aaprco.com/charter-a-private-car Of course, if you’re really rich, you’d have your own. ;)
- Cthulhu_ 1y agoIf it's continental, having a driver and a comfortable car would go a long way then.
- rglullis 1y ago> A very rich person has a full-time housekeeper. So does any middle class family living in a developing country with high economic inequality.
- drewcoo 1y agoAnd it would be heartless not to. Those housekeepers need jobs and incomes.
- mauvehaus 1y agoPerhaps not exactly comparable, but I went to a talk at wlog REI from some relatively ordinary person who climbed some famous, but accessible peak (Kilimanjaro?). I asked about the practice of hiring local porters, and got basically this answer. The local economy pretty much depends on the influx of foreign money from the people climbing. A fit person would be physically capable of carrying their full load, but it simply isn't done because of the economic disparity between the foreign climbers and the local porters. I don't know if that was enforced by law or custom, but the presenter was quite clear that it's not really possible to climb without local porters.
- normie3000 1y agoOn Kilimanjaro you must employ a guide, a cook for the guide, and a porter to carry the gear of the cook and the guide. You are welcome to carry your own gear but at this point you've already got a support team of 3 people and are paying $1500+. An extra porter is probably around $100.
- tuatoru 1y agoI don't know why you are getting downvoted. Over the years I have heard several anecdotes from "expat" wives in various places (Kenya, Philippines, New Guinea) of being taken aside by a local headman soon after arrival and being told that they will hire a cook and a housekeeper and a laundrymaid. On the mediocrity principle, I think this is how things worked in general. Necessary to the local economy.
- 1y ago
- vjk800 1y ago> Other than that, the main difference is the very wealthy having a mentality of getting people to "take care of problems" to a much larger extent. For example, routine tasks like cleaning. An upper MC person might have a weekly cleaner at best. Pfft... amateurs. I've solved the same problem by just living in filth.
- 01HNNWZ0MV43FF 1y agoIt's one of the soft skills I picked up in college, like drinking three mountain dew game fuels in a day
- potato3732842 1y ago>The very rich have circles of people they rely on to take care of problems. Like having "a lawyer" who they go to for and have known for years. There seems to be much more of a sense of personal relationships / loyalty. Almost like the old feudal oaths. That has more to do with owning business interests than wealth. The guy who owns a small chain of a mundane business, has stake in another business via investment, etc, etc, his social circle looks roughly the same.