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One might believe material wealth to only be a means to an end, as opposed to certain things with an intrinsic value; however, whether one holds such a belief or not, it does not prevent riches from providing certain exceptional benefits, experiences, and opportunities. While possibly, on the flip side, preventing rich folks from empathizing with some non-rich people’s experiences. People online stepped up, trying to outline the specifics of one’s experience as a rich person, by answering one Redditor’s question: ”What is something only a wealthy person would know?”

More info: Reddit

#1

29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The more money you have, the more ways you have to make it grow. To the point that it increases faster the higher it is -- not just in absolute terms but also in percentage growth.

Midnight-Ran , Aidan Hancock Report

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    #2

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online I wish I still had a link to it, but there was a lengthy post once by a guy that described what life was like for people at varying degrees of wealth -- $1 million to $10 million, $10 million to $100 million, and so on and so forth.

    Until he reached the upper echelon, which started (IIRC) at a $1 billion clip.

    At that level, what he described was a seemingly limitless way of living. At that level, what he said you could buy was quite literally ACCESS to anything, or anyone. Super Bowl? No problem, let us know where you'd like to be seated. Concert happening in Milan this evening? Private jet to the venue and the best tickets in the house with one phone call.

    The truly troublesome access, though, was political. If you disagreed with a proposed bill, before it became law, you could buy access to the legislators supporting it and dissuade them from moving forward. You could fund lobbyists to help remove laws that you didn't like, or that impacted you negatively. Meeting with the President? You have enough money to get a phone call within a few hours to discuss whatever is bothering you.

    Rich people know what it's like to have money. Wealthy people, though... they know what it's like for nothing to be impossible. Whatever they seek can be had, with zero effort on their part. The wealthy person is the top of the duck, cool and collected on top of the water. The people in their employ are the duck's legs, kicking furiously to make that person's life an effortless one.

    Chastain86 , Ron Lach Report

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    Zophra
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    And that is what is wrong with USA politics right there. The wants of the few rich outweigh the needs of the many.

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    #3

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online How much it costs to buy a U.S. Congressman or Senator.

    First_Drive2386 , Nathan Dumlao Report

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    Acadia
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    What counts as wealthy in this thread? This seems to be for rich people not wealthy people

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    #4

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online How it feels not having to check your balance before you check out at the grocery store just to be sure you don't go over.

    NeighborhoodDry2233 , Anete Lusina Report

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    Peter
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I just have a weekly budget and make a single online grocery order. Makes it much easier to avoid spending more than you can and also easier and less stressful to compare prices to get the best deals

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    #5

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The various tiers of wealth around the world, and how old some of it is. People think the Kardashians are rich. They aren't even in the same stratosphere as the Dreyfus, Getty, Mars, DuPont, Ambani, Wertheimer, Mars, or Walton families.

    Weird-Traditional , kardashian.fandom Report

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    Hugh Cookson
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Trust me, here in the UK, we have wealthy families that literally made their first fortunes nearly a thousand years ago just by being allies of a certain French Guillaume le Batard. They still own about 30% of all privately owned land in the UK.

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    #6

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The VIP hotline number at the children's hospital when your kid needs urgent care but there's a big wait in the ER (but your kid isn't sicker than anybody else's kid in the ER), and you want get to the front of the line. Blew my mind when a very wealthy friend told me he did this for his child (friend's father was a huge donor to the hospital). More power to him, but there is the wealthy and then there is the **wealthy.**

    off_mode_auto , Gustavo Fring Report

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    #8

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online You can opt to not be on those "wealthiest people" lists - for a price.

    draggar , energepic.com Report

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    Joy
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    The Barclay Twins. They own a British isle called Sark and are incredibly private/secretive. Also Lichtenstein - you'll rarely hear about it. Makes Swiss bank a/c holders look like people with money in a jam jar.

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    #9

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online You can rent celebrities for your private events. Not just musicians, but bonafide actors & actresses.

    MediumRareTaint , Alena Darmel Report

    #10

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The less help you need, the more you get.

    manIDKbruh , Edmond Dantès Report

    #11

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online That the phrase, "money can't buy happiness" isn't as ridiculous as it seems.

    dakwegmo , https://www.pexels.com/photo/man-in-black-sweater-sitting-on-bed-7699422/ Report

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    censorshipsucks
    Community Member
    1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Nah money can buy happiness. Most stress is financial or relationships, and most relationship stress is financial. Speaking from LONG life and experience. Money definitely can buy it. BUT only money at the passive-income-six-figure level. Once you are no longer on the daily commute grind. You are then free to pursue your hobbies, interests, relationships, etc., without worrying about cost, time, etc.

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    #12

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online That there’s no rules after a certain point

    mattogeewha , Austin Distel Report

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    John Topper
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    There are no laws at all, only fees. Parking is legal anywhere, just pay the fee. Speeding is legal, just pay the bill the officer gives you. You can even get away with murder and rape, you just pay the fines through your attorney.

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    #13

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Selling your time for money won't make you wealthy

    renegadellama , Pixabay Report

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    Nupraptor
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    There is not a single billionaire who has made their riches by being smart, innovative, determined, or any other admirable adjective. You become a billionaire by exploiting other people. End of.

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    #14

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Tax loopholes

    Luckylove067 , Kelly Sikkema Report

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    Tucker Cahooter
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Really big stink here in Australia about someone from one of the big accounting firms working with the federal government on some tax law change and then using their knowledge (despite an NDA) to advise their clients how to work around it

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    #15

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online What it's like to have a mega yacht AND a support yacht.

    SuitableNegotiation5 , mali maeder Report

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    Zophra
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I dunno... we have an inflatable 2 person kayak... it is one sweet ride!

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    #16

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Credit is a way to borrow money to make money. It will come due. The trick is to make more than enough to pay back that credit.

    youassassin , EVG Kowalievska Report

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    censorshipsucks
    Community Member
    1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    does the stock return more percentage than the credit card charges on interest? if the answer is yes, borrow from the card, invest in the stock, sell fast, pay back the card, keep the change. Yes, I've done this, yes it worked. Your mileage may vary. Do not try this at home. Not a financial advisor.

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    #17

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The s***tier the daily-wear, the more the net-worth.

    Sad_Paper4095 , Andrew Neel Report

    #18

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The phone numbers from people who could help you out of any (even bad) situation.

    purevenuscookieslog , Anna Shvets Report

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    DrBronxx
    Community Member
    1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    What other kind of situation would you need help out of?

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    #19

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online The difference between an equity country club and a membership country club.

    smurfsundermybed , Mick Haupt Report

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    censorshipsucks
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Close them down. (a) they are elitist. (b) they use too much water in africa. (c). they use up land that was taken by colonialists. (d) they could be redistributed for low income housing projects. (e). bad for the environment with invasive european plants and too much water use.

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    #20

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Whether or not wealth makes one happy.

    What they don’t know, if they’ve always been wealthy, is to what extent lack of money causes suffering, but the blade cuts both ways.

    no_one_of_them , Spora Weddings Report

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    Joy
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Wealth attempts to buy the very best feelings. Beluga caviar for example: rare (so we're told) and expensive but it's fish eggs. People who enjoy it love it but it won't fill you up and it's no match for a fantastic take-out with friends. Brut Champagne will make you giggly but if you're drinking it to drown your sorrows while lonely on your luxury yacht, then what's the point. Wealth is a state of mind.

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    #21

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online What junk some supercars are. A viper is still a plastic-y creaky dodge. Lambos need service constantly.

    Muh2021account , Adrian Dorobantu Report

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    Hugh Cookson
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Not forgetting Lotus - lovely cars, bloody quick BUT ; never forget that LOTUS stands for Lots Of Trouble Usually Serious. I have a cousin who will attest this. He now drives an Audi TT aka hairdressers car.

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    #22

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online They often eat for free. Restaurants love the attention of having a celeb dine there so will often not charge.

    RetroactiveRecursion , Ron Lach Report

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    Spellflinger
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    An actor - not sure who so don’t want to get it wrong- said he always would pay by check because it would be kept for the signature and not cashed.

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    #23

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Private jets come with different size luggage compartments.

    thinkx5 , Asad Photo Maldives Report

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    Xenon
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Ok. The SUV holds more groceries than the sports car. Very insightful.

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    #24

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online There's places through which you can buy books, just bulk books for interior decorating. Not intended to be read, just chosen for the aesthetics of the covers and bindings by professionals to look the best in the environment of your home/office.

    JacobCassidy , Nick Fewings Report

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    David H
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    you can do that on ebay, there are dealers that sell bulk old encylopedia's and other large sets of old books, in good condition, to help office enviroment. I know a lawyer who bought a 80 book set of older used lawbooks for 3k for office decoration.

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    #25

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online How low their interest rate is when they borrow

    12gawkuser , www.pexels.com Report

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    Donkeywheel
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    The interest rate is a function of the risk. If you borrow a tiny fraction of your net wealth (for a new project or whatever) the risk is close to zero : you get the best interest rates, close to those of sovereign funds.

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    #26

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Not knowing what WIC, SNAP, Assisted Living, etc are, because for rich people those are ghost stories to them right?

    CheatCodeAWD , Ivan Samkov Report

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    Robert T
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    To be fair, I don't know what WIC or SNAP are either, because we almost certainly used different terms here. I can take a guess at Assisted Living.

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    #28

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Where all the pieces go on a fancy place-setting and what food/course they're used for.

    I_Lick_Bananas , Antenna Report

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    Hugh Cookson
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    That's why they have people like me - Ex high end Chef also a Restaurant Manager for many, many empty, wasted years helping rich idiots who didn't know what a bloody fish knife was !!!

    Robert T
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Start at the outside and work inwards. Shovel your soup away from you. It's not difficult and it certainly isn't a rich thing. Go out to any restaurant that serves more than one course for a meal in the UK, and that is how it will be set up.

    Kathryn Baylis
    Community Member
    1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Basically, knowing your forks. Remember, outside first, then work your way in. If you’re not sure, watch other people and use the utensil, dish, glass, etc they use. Also, don’t gobble huge forkfuls of food. Dainty bites. Don’t butter a whole piece of bread, tear off enough for one bite, butter it, and eat it right away. Be sure you are a good conversationalist. If you’re still hungry from the dainty bites after you leave, go get a burger and fries and gobble them to your heart’s content. Not wealthy. Raised middle class. Though my mother was set to be a debutante before her father lost all,his money during the Great Depression (I’m 62, my mother was born in 1920, and I was her fifth and last child when she turned 40).

    Bender Bending Rodríguez
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    If I go by the pictures I have seen of food portions served at expensive restaurants, I am definitely going to need that burger and fries.

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    Jojo_hobkin
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Uh... That's something you can learn easily, how is that a rich people thing ?

    leetokofi
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    rich people attend formal events all the time, you can learn it, but you aren't going to eat noodles/ ramen with 8 utensils ....

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    censorshipsucks
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Nah anyone in middle class upwards here is taught that british colonial stuff. But we don't really use it unless we want to impress a colonialist. (African here).

    cerinamroth
    Community Member
    1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Well, I know those things but only because my mum was a pretentious, keeping-up-with-the-Joneses middle class type. God forbid we embarrass ourselves by not knowing which side our bread plate went on, or which glass was for which wine (outwardly highly respectable, at home cold and violent).

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    #29

    29 Fun Bits Of Info That Can Only Be Known By The Very Rich, As Listed By People Online Capital Gains Tax

    daithisfw , Anna Nekrashevich Report

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    Robert T
    Community Member
    1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Capital Gains Tax is not just for the rich. If you purchase shares or a second property in the UK you will subject to it. It gets even stranger if you are given stock options in a foreign company (as I was) as you pay some tax at the point of excercising the options and then again when you sell them. I've not had the luxury of buying or selling a second home.

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