Are any Mners on here super rich?

[Felixss]

I don't mean upper middle at least a few million. What's life like what staff do you have? What's your daily routine like?How do you earn your money investments etc. Being nosey.

And to think people talk about male privilege.... 😂

There are very few rich men who didn't either work for or inherit it (and probs not a great deal of the latter).

I know I wanted some juicy stuff weird stuff , cyrochambers and full on maid who washes and dresses them. I've heard of someone travelling through India who paid to use a rocket launcher to blow old vehicles up, a local said if they paid them an extra 1000 they could blow up some animals they of course declined.

There must be some super rich people on MN who do strange things.

I am so sad @onefinemess didn't return

Ignore me , just realised she did

Is there a way for an adult to become rich without working or inheriting?

I wouldn’t need a holiday packer because I’d have people managing these things full-time. A lady’s maid?

Judy kidding, I have no clue what I would really do if I had the means.

I sort of fall into this category. DH is generation and asset rich and will inherit the family company eventually - for now he works for his dad on a just above average salary but benefits from the fact that his dad pays for everything we need. Our house has been bought for us outright and is worth 1.5m. We have a few properties (mortgage free) that we rent out in our village for additional income.

DH doesn't buy expensive clothes, doesn't come across as rich at all until you really get to know him and what he has. I am lucky enough not to need to work, drive a nice car, have DD in nursery 3x a week and go shopping/have my nails & hair done and have horse riding lessons. Prior to having a child, I did various different courses and jobs depending on what I fancied at the time but never settled into one career as I knew that I'd stop working when we had children, just as DH's mum did.
We have a cleaner and a gardener and regularly go to stay in his parents' large holiday home in Wales. I'm very fortunate to be in this position, I grew up in a moderate income household while DH went to a private school. DD will not go to private school as neither of us can see the benefit of it.

I know a few people who fit into this category but it's all family money. They have good jobs but normal ones eg GP not tech founder. The family money facilitates their lifestyle massively eg getting them on the housing ladder at 20 in london has meant they are now in very expensive homes & along the way have picked up a BTL &/or holiday home. Day to day their routine is pretty normal; work, school run etc, there would be a cleaner. The main difference is holidays, private school if needed & being able to do lots of renovations.

Is there a way for an adult to become rich without working or inheriting?

I think here at least most people who are rich have family money & the ones who do earn very well eg law partner on 1.5m etc tend to come from a very narrow background.

Reading this thread, there’s no way the Middletons made so much money selling party hats is there?

no way

I'm worth a few millions but a lot of it is family money, some in trusts/ property.
I work in a normal (albeit good professional) job and live a pretty normal life. I don't have any expensive handbags or designer shoes, we have a very nice house but drive a ten-year-old car. I get expensive hair & beauty treatments and spend a lot on travel & children's education. I do feel guilty when I read about others struggling, I've always had the safety net of money and haven't experienced true poverty

I'm finding this thread fascinating.

I have nowhere near the wealth quoted here.

But I never need to work again.

One DC in private school. (A cheap one!)

I live modestly.

If I wanted a flashy lifestyle, yes I'd have to work but why?

I don't need holidays as I don't have a life I want to escape from. I do go on short UK trips regularly.

I have no debt and have no idea how much household bills are.

I have a nice enough car and phone and own them outright.

I live in a sought after area and go to cafes most days. I also shop most days but don't have expensive tastes!

I've basically retired 30 years early.

The only complaint I have is that I don't know anyone else who's free during the day to socialise with so lunches are solo.

I have a cleaner and haven't done housework for years.

I can't understand the mentality of people with so much money who continue to work and do chores when they dont have to!

Also most posters seem to have joint wealth with partners. I'd feel very insecure if my finances could be ruined by a break up. What's mine is mine and no one can take it from me!

I am not super wealthy but I don't need to work thanks to some lucky investments ( not inherited). However, I still work because I like to work and need some purpose in my life. I don't work 9-5 though.

I think that even if you don’t have extreme wealth having money in the family brings a security that means you know you can cover a vast majority of situations.

I mentioned I have wealth through money from my late husband. My parents are worth several million as is my dads sister. When my husband was ill his treatment was all private due to insurance but my parents were also clear there was money for anything we needed to try anywhere in the world. There was no question that even if I couldn’t afford it anymore my child at private school would have to leave as there was money in the family to cover it. If I hadn’t paid off my mortgage I have no doubt My family would have covered it,

As it happens I have never taken a penny from them and hope not to before I inherit but the wealth means that there’s a security blanket that if it all goes tits up we will be supported financially and that allows freedom to make choices

My OH is but only very close friends would really know unless someone visited our home. We have a large house that we renovated extensively in a lovely part of London with a good-sized garden (mortgaged, but will pay off in the next 3-5 years) and the place where we used to live is now rented out (mortgage free). We don't have any cars or children, OH gets taxis a lot but I tend to walk or use public transport. OH comes from a very WC background, built his business himself, and he works very long hours. We do one long-haul holiday each year and a few weekends away – although often OH will end up working while we're on holiday. We have a cleaner twice a week, a gardener once a week, and a window cleaner every month. I still work and mostly buy clothes second hand or heavily discounted (which I always have done and probably always will!), OH will often buy quite expensive clothes for himself (but definitely nothing flashy or obviously branded) and has bought a few expensive watches. We eat out at nice places when we want to, but really enjoy just spending time at home – which is why he spent the money on the house. I spend more on my hair than I used to but do my own nails and don't get lashes, eyebrows, botox etc (which I've recently realised is unusual in our friendship group!) We know another couple who appear to be much wealthier (very luxurious holidays multiple times a year, fancy car, expensive house, all the beauty treatments, very overtly expensive fashion) and recently found out that their lifestyle is actually mainly on credit/interest-only mortgage to keep their lifestyle and they are assuming they will have future income to fund it... which seems very risky to us!

I'm not sure where I fit in to all this, I'm comfortable but not rich.

This is just me musing actually... we have a mortgage and lead a very simple life but with fairly frequent holidays. The mortgage will be paid off in a year or so, but it got me wondering, then what? We don't have family, can't have kids... and I don’t want to holiday 'all' the time. Restaurants just begin to be an effort to get to after a while and a lot of commotion. We're introverts, so wouldn't throw parties and socials and we don't care about name brands, bling, or cars etc.

The point is we love what we do at work... I'd do it even if I wasn't paid, and so would my wife! I don't think more money would make us more happy, especially if someone had to die for us to get it.

For me, money would appear to be a burden than a gift... just trying to work out how to spend it before we die, as we don't want those arses in the government to get it! I think there's a big difference between happiness and peace of mind...

I am not but I’m very comfortable. I retired when I was 50, DH is younger and still works. Our income inc investments puts us in approx top 8% of earners. we would have been higher but I had an awful health scare almost died lucky to be alive scenario, hence early retirement.

What would happen in a break up - that was my worry as well. I had a good career and, although not a millionaire, I knew I'd be able to retire early and almost certainly owning a little house with some land and no mortgage. So the thought of giving that up because I seemed to have found love with a kind man held me back from making a commitment for some time.

With him needing to travel a lot, and me working full time, we were constantly out of synch and not seeing each other as much as we wanted to. To see more of each other I needed to be able to go with him, be at home when he was. A solution was found - by him - and we've been living together for 5 years. We're not married but if we split I would be financially secure.

I guess in my dreams it would have been me who built up a net worth of lots of millions from scratch, but that wasn't to be. In the end, in a happy secure relationship it doesn't matter where the money comes from.

I'll deffo be name changing again after this thread.

Would charity appeal to you @C1N1C?

Not all holidays are people trying to escape their life. My family live in another country. I holiday there.

My country is not tropical and has no ocean. So we go to the ocean sometimes - not because we are trying to escape our life here which I in fact love. Just go to enjoy a tropical climate.

Why do you go on short UK trips, is that not a holiday? Why is it different than going further away? Are you visiting family, like I am? It's still a holiday.

@GeriKellmansUpdo

Nooo, something like 90% of charity money goes to supporting staff etc. We've actually discussed scholarships. At least then it all goes to a hard working student and a bright career (maybe some drinking)...

Holidays are not escape life but to experience life in a different place, different climate, cultural things to see.

I hear you on that @C1N1C but am thinking small charities. A scholarship would be good too. Even a park bench!

Family money is inherited though? Or gifted from family, not much difference.

I guess someone can take a bit and invest and grow it that way, but then they either earned or inherited in the first place.

I find this thread inspiring. I earn very well, but am not wealthy. I love hearing people's lifestyles.