Living in the US you have a social structure.
WASPs - No one likes this group. Referred to as snobs and English.
Billionaires - some self made and some inherited. These people are worshipped. These people are upper class.
Millionaires ($100m+) - Deep respect. Seen as worthy. These people are upper class.
Millionaires ($50-100m) - bottom rung of upper class in the majority of cases.
These upper class groups will tend to have certain things in common such as large donations to financial institutions, Ivy League education as a legacy student is standard and they have a family office with a foundation.
Millionaires ($10-50m) top rung of upper middle class in the majority of cases.
Millionaires ($1-10m) upper middle class. Normally have a bachelor and masters degree, not necessarily from an Ivy League school
$500k-$1m middle class. A health incident will floor them.
$100-500k working class. They are mainly pay period to pay period.
$0-100k poor/destitute. This group is so very vulnerable. Mainly illegal immigrants.
As you move from the coasts you can adjust the numbers a little bit but honestly not that much. What’s interesting to me is how certain upper class people are socially excluded. A good example is Ivana Trump and her husband Jared Kushner. Both have an Ivy League education because their parents donated to the schools they attended. Ivana has never been accepted by nyc society.
Brits need to understand that most Americans hate the English and Americans don’t differentiate between being British and being English.