I had no idea that my friend is a multi millionaire!!

Two of my siblings are about to become millionaires through inheritance. I don’t begrudge them the money as it’s their family money but as my contract ends and there’s nothing on the horizon, while they’re exited chattering about buying big houses and we’re putting ours on the market to downsize (and our house is tiny) it’s a bitter pill to swallow.

one sibling would bend over backwards to help and get the rounds in etc the other won’t be seen for dust.
Money changes many people. I’d rather be poor but happy

It's a bit naff if they aren't paying for their share of rounds but beyond that it doesn't seem hugely relevant

I have friends who scrape by on benefits and friends who have at least 10x your friend's net worth.

We mainly just hang out and chat about books or gardening or go for a nice walk so it never feels particularly relevant one way or the other.

I never strove for wealth so I can't begrudge those who worked to obtain it

Turnover and profit are very different, as is their wealth.

What a bizarre thread!
First of all we have the OP who is jealous of a friend's wealth & is looking them up to check what they have.

Then along come people saying £20m net means nothing and the OP's friend is probably on the bare bones of her arse which seems highly unlikely.

Then along come people claiming they are super rich "on paper" with their huge house, business, whatever, whatever but are actually quite poor really don't you know

Mind. Blown.

Get over it.
That's life !!!!!

My friend has a £4 million house, while mine is 200k. She’d swap everything she has for the kind of love I have in my marriage. Money isn’t everything. Yes it is nice to have financial freedom but it brings its own problems. Better to forget it.

sorry wrong thread!!!

for what it’s worth i’m the same as your DH, if I go to a beach specifically to sunbathe and there are loungers/parasols for hire I'm taking the hit and hiring them. Forget lugging a massive brolly 2 km in the scorching sun. These days i need a respite from the sun so a parasol is necessary abroad. Bonus if i can order food and drinks 🍷

So you’ve snooped around to find out how rich they are (or drawn your own conclusions about that from what you’ve found) and you feel what? Pissed off that in your recollection you’ve bought more rounds than them? Annoyed they haven’t shared the ins and outs of their finances with you? Entitled to a little share of it? Sounds like the friendship is over to me. You’ve zero respect for them, are bitterly jealous of them, feel entitled to what they have, and worst of all you somehow think you’re justified in a single shred of this horrid post.

Profit vs turnover.All his cash it probably tied up in his business. If his CAPEX and OPEX are higher than his turnover, he’ll be in the red. Ps my lifelong friend bought a 7.5million mansion last year - he’ll be working till he’s dead to pay for it. No thanks! All smoke and mirrors this “wealth”.

OP you really need to brush up on your understanding of these financial terms and what they mean in real life. Your friends aren’t necessarily multimillionaires.

Why does it bother you? You and your dh have lived your own life and made your choices and they have theirs.

I’ve got friends who are multi millionaires, both inherited and self made and their financial situations are their own. As you rightly recognise, being envious will not make you happy or content so I suggest you count your blessings and forget about their money.

This is MN so of course all posters live on a higher moral plane. They never make judgements about other people and only want the best for them, therefore they would never look up someone’s business on companies house . (Yes right 😉)
Back in the real world I’m sure lots of people would look out of curiosity, especially if they are tight arses who struggle to open their wallets.
I would be envious too op, isn’t that human nature?

And this is exactly why I tell people absolutely nothing. There seems to be some kind of “myth” that if you do well, your friends will be happy for you. Ops post shows, very clearly, this is not the case. These people haven’t “flaunted” their wealth, haven’t done anything wrong at all, and yet op has an issue with it. And it IS op’s issue, it’s a her problem.
I too have had people look me up on Companies House, who don’t understand the difference between turnover and profit and who don’t understand that a balance sheet is just a snap shot on a single day.
I read a quote recently and I think it sums up life for those of us who have earned all our own money:
“Being successful is a bit like being pregnant. It’s very obvious, but no one knows how many times you’ve been fucked to get there”
They’ve earned it op and they’ve clearly tried to hide it because they don’t want to be judged. Leave them alone.

You would’ve had similar if you’d taken financial risks to open a business and invest everything you made back into it… because that is usually how successful businesses start out.

Also worth pointing out that my own husband’s business is worth a lot of money, but that is mostly assets.

Irrespective of their worth, they sound tacky, mean people.
The money means nothing.
I wouldn't want to spend 5 minutes with people slow to get their round or where we bought more rounds.
No thanks.
Life is just too short and their are too many normal decent people to go out with.

We have friends whose company's acquisition was a Bloomberg story and they are seriously wealthy.

They are the same people, same worries about their children finding their way.
Minding money takes work.
But obviously it has provided masdive freedom of choice.
Still really lovely people.

They kept their original normal family home, despite buying a huge PITA too big multi million £ home.

The lovely wife often goes to stay in their old full of family crap old home! She still loves it.
Its where she raised her 4 children.
I so get that.
They are in their 60's.

How do you know their net work? Company assets do not equate to personal wealth, profit after corporation tax does not mean their salaries/drawings are high. They could have huge company loans, etc. I think you might be over-estimating their actual net worth, although it does sound as though they may (economic crash, bankruptcy etc notwithstanding) be able to set their children up well. Which is lovely for them. It’s what we all aspire to for our DC’s, isn’t it?

You’re just about to pay your house off, that’s HUGE!! You should be so proud of yourself. I get it’s easy to be envious I would be but celebrate your achievements. They’ll have their own struggles, just like you do.

I think it’s lovely that they don’t boast, brag or lord there wealth over you
soon as people find out you’ve money they judge and treat you different

That doesn't mean his salary is 20 mil!
I bet he doesn't even earn 1/2 million per year. Not that iam saying that's not a massive amazing it is. But I think you have got illusions of grandeur about them

Look at it this way. You will be mortgage free later this year. You have savings. You are obviously comfortable. There are so many people that would love to have what you have. Comparison is definitely the thief of joy.

So… what are they like as people? Do you enjoy their company? Do they make you laugh? Are the good at conversation? Do they provide emotional support when you need it? Are they thoughtful?

Because that’s all I would give a shit about to be honest.

stop buying them rounds and presents and just let it go

money isnt everything andid love to be in your position paying off my house

it is better to keep your nose out of other peoples finances
it is a bit vulgar to make comparisons !

Exactly. Tell people very little. Trust no one. If you do have money, play it down. It brings out the worst in people.