Millionaire£ at 23, self made. Feel lost.

[Jonesqua]

I became a millionaire£ at 23.

All happened between 20-23.

Self made, have 3 buy to let houses with 300k£ equity in them rented out. With 750k£ liquid money.

The change happened so fast. All of my friends have regular income , it’s sometimes hard to do things I want to do as income difference.

I am use to making money so quickly that essentially I feel as if I’ve lost touch over it. As no one around me friend wise can relate or I speak with about it. Does anyone else feel like this in a similar situation?

I’ve lost motivation. Feel disconnected from the people around me who I grew up with.

Hang around other rich people and you will find your mates that you can go on a private jet with. Join an expensive private members club or exclusive tennis club or similar.

Alright, Ebenezer.
Maybe your business pal Marley can give you some advice?

With all due respect please sod off

Also you’re not even close to being rich enough to get private jets, even cost sharing with your friends. Business class, yes, private jets, no. If you start doing that you’ll burn through your money before you’re 30.

You don’t have private jet money, sweetheart. I know this, because we have much much more money than you and we still don’t have private jet money. 🤣

On the very slim off chance that this is real, move to central London. There are people in their 20’s earning six figures and the entirety of your ‘wealth’ amounts to the cost of a two-bed flat. Your feelings of ‘disconnect’ from the people around you will vanish.

50 millionaires self made that are 23, is 9X the average in large areas!

Is Mayfair your area?

😆

Sorry, I was being pedantic correcting that. I've just seen it so often on social media - people are starting to think that it's the right word to use....

They don’t even have business class money.

The suggestion to how to feel more connected was "use some of your TIME to help those less fortunate".

OP's response. i made the money and don't want to give hand outs.

Says it all.

Yeah.

In the nicest possible way that’s not actually very much money OP. A nice nest egg but you’ve got a long way to go.

You don’t say if you own a property in addition to the amounts listed, but £750k wouldn’t buy you a house in London, only a small flat. And the BTL rents will likely just be paying the mortgages and management/maintenance costs.

You should invest the £750k with a wealth management company but a low risk yield would only be around 3% so £22,000 pa.

Come back when you’re 33 with £10 million.

Tight as two coats of paint

It was a 1 off jet, not a regular thing. Please read before replying !

Oh dear. Comprehension is not your strong point. Read it again. I didn’t say 50 millionaires. 😁

Horrible to feel disconnected from everyone.

Is there a way you can use your experience in the industry and business knowledge to connect with people? Eg charities you could volunteer for? There must be organisations for young people to help them learn about business or music therapy or some such you could support?

Music can help so many people mentally. I know that’s not going to connect you to your friendship group but you could potentially meet other people that way.

Yes, but my literal job is to work with millionaires of all ages so I have a pretty good knowledge of most millionaires in my region.

This shows how little you know.

i might as well put it in a fixed interest for 4.5%.

I will make 700k this year.

Then why have you got the bulk of your fortune in cash? Nobody with more than two brain cells would do that.

You will get a lot of nasty comments.
My heart doesn't bleed for you, but I understand how you feel.
I married into similar setup, twenty years ago.
Now, 46 years old, I don't desire anything else but solitude, my own place and as few people around me as possible to survive.
I hear what you are saying.

Who are your real friends? Spend time with them. You can 100% be yourself with them if they are real friends.
I don't have much money, one of my bestest friends feom uni (i was her bridsemaid) own a successful company with her husband. When I visit her I can't believe the house she is living in. It's stunning and I could only dream of living in it.
Despite this, we can sometimes talk about money, but really, I couldn't give a shit. And neither does she. We talk about other stuff, important stuff, she is my soul mate. And I am hers, I'd be lost without her in my life. And I think she'd feel the same.
Because life doesn't evolve around money.

Dave! DAVE get in here now! I need help finding my file labelled ‘Things that never happened’. Where the hell did I put it? No I can’t remember when I last had it! Yes I do need it now! I have an urgent addition to it that I need to pop in.

I agree with the moving to London - you'll feel relatively poor then in some parts.

On the offchance that the OP is telling the truth, I'm guessing that the music thing may not necessarily be something that will make you successful forever. So come back in 15 years and start a thread saying that you made a load of money young then blew it all and are now broke.

Check the actual stats of self made millionaire.

Give the money away to good causes. When your tenants move out, donate the houses to the local council so homeless families can benefit from them.

You'll feel so much better afterwards.

Ok you lost me at ‘average people’ I’m not sure you deserve friends

Ok, well that's not rational thinking.

I wonder if this irrational belief (I want friends who can afford private jets) is just a way to ensure you stay disconnected from people.