HENRY?
Comment on How do wealthy people know if the people they meet are wealthy or not?
chahn.chris@piefed.social 14 hours ago
A lot of rich people actually try to live a normal looking life. Stealth wealth, and you might never find them until you get invited to their house.
Their house will be nicer than average, probably not crazy, but just a lot more than a typical person would have. They will have things like fancy light fixtures and switches that don’t look totally normal, the furniture will look normal but if you look closer you’ll only find high quality wood construction, tongue and groove, etc. You should also notice things are probably cleaner than a typical house (because regular house cleaner), everything works, and major appliances are newer generally. They are rich so they don’t have to make any budget trade offs.
These people might have insane net worth and they are trying to down play it because they know how bad it is for them when they are obviously wealthy for so many reasons.
Ostentatious wealth signals are usually sign of a HENRY or a striver, those people typically aren’t actually wealthy they have a lot of debt.
IronBird@lemmy.world 13 hours ago
CandleTiger@programming.dev 11 hours ago
High something Not Rich Yet — people who have a shit-ton of income but blow it all on whatever instead of hoarding it properly
chahn.chris@piefed.social 10 hours ago
High Earning Not Rich Yet
corsicanguppy@lemmy.ca 9 hours ago
Their house will be nicer than average, probably not crazy, but just a lot more than a typical person would have.
I hear Michael Bublé lives in a modest house he inherited, and he’s a great neighbour. But he seems as un-Hollywood as people can be, so he may be a bad example.
exasperation@lemmy.dbzer0.com 10 hours ago
I don’t think this answer truly internalizes how some of the ultra rich live. Yes, many are living a normal looking life, going to their jobs and doing a lot of the same activities that the upper middle class do. They generally eat at the same restaurants, have the same hobbies, and enjoy the same television shows that the rest of the middle class does. Often they go to the same live events (sports, concerts, plays, stand up comedy) that middle class people do, and often don’t bother with luxury boxes or things like that. They’re members at the same gyms, and might plot out the same run trails as normal people.
It’s just that they tend to fly private instead of commercial, stay at very nice luxury hotels unique to that particular location rather than the chains you’ve heard of. They have multiple homes. They’re members of clubs that require a lot more money to keep up in. They have lots of paid staff, both seen and unseen, smoothing over their day to day lives, washing dishes and laundry, maintaining houses and cars and landscaping, making reservations and doing paperwork on their behalf, etc.
The form of stealth wealth isn’t that they’re all among us doing normal things, with no obvious indicators of wealth. It’s that they often aren’t even around us to begin with. So the sheer amount of time that they’re around non-rich people, and actively interacting with non-rich people, may be a tiny portion of their time. Even if they do a lot of the same stuff we do, and go to a lot of the same places we do. They do it in ways that don’t necessarily interact with us directly.
chahn.chris@piefed.social 8 hours ago
That’s a fair take, vacations are for sure a place where the rich splurge, but at those status type hotels you will also find a lot of not rich but affluent folks as well so it’s harder to be sure just because you’re there that you’re interacting with a truly wealthy person.
exasperation@lemmy.dbzer0.com 3 hours ago
Kinda depends on the price of the place, right? A $500/night hotel might have a few upper middle class folks on a splurge (a honeymoon, some kind of points-based play on their credit card, etc.). A $2000/night place filters out the merely rich and leaves only the ultra rich. And a $10,000/night place isn’t even accessible as a bucket list item for even the 1% but not 0.1% types.
chahn.chris@piefed.social 2 hours ago
I have stayed at my share of 2k+ hotels and I can promise you not everyone at these is rich. It filters yes, but there are definitely aspiring people who aren’t good with their money there too.