I live in Jackson Hole, Wyoming were we have an unusually large billionaire population. What many like to do is dress in their old comfortable clothes, jump in a ten year old Subaru, and hang out with the locals.
IMHO, the worst behaved people are the people that have just enough money to feel superior but not enough to feel confident in that fact. So they dress in a way to show the world that they have money, drive flashy yet useless cars (nice Ferrari to drive in gridlock), and treat service workers like shit.
All that said, I don’t think Elon’s lack of socializing has anything to do with money.
nomy@lemmy.zip 2 months ago
I get what you’re saying but unfortunately $1M isn’t even that much money these days. Once you figure in a house, any retirement plans, vehicles, college funds, etc. A lot of people are “millionaires” on paper but still gotta make their commute every day and stick to their budgets. The reality is even with a million dollars, if you make a misstep or stop chasing you’ll end up in medical debt or homeless pretty quickly. Shit is brutal out here and capitalism doesn’t give a fuck about us.
But I don’t like introducing myself to the neighbors even if I’m only worth $10, it’s just awkward.
jqubed@lemmy.world 2 months ago
I realized a few years ago that most Americans will earn at least $1 million during their working lives. Even if they’re “only” making $30k/year that will get them to $1 million in a little over 33 years. They’ll probably never have much in their bank account, but they’ll have earned that much at some point by the time they retire.
Lemming6969@lemmy.world 2 months ago
Can save 1m at 500/month with historically decent/good returns and 750/month with bad returns in 30 years.