to wonder what you need to have to be considered rich?

[boxingboxer]

well, that really?

Am i rich because I own my house?
Am i rich because I have a car?
Am i rich because I can feed my kids?

When does one become rich?

Rich in global terms = living in Britain

Rich in British terms = having a little bit more than your neighbour

Rich = Having so much that you can afford to give 99% away. As in Bill & Melinda Gates and Warren Buffett.

It sounds a bit trite but seeing how so many people with or without money are so disillusioned and dissatisfied with their lot, this is what it means to me... "Being happy with what you have".

i reckon when you have income generated from assests of a level that means you don't have to work and can afford to travel, have a property or two (probably in different countries), a car bought outright and can afford luxury hobbies like skiing and sailing.

Being able to buy/spend whatever you want but still ending up with more money than you started with.

A friend of mine worked out that for him, at the itnerst rates available at the time, that meant £5 million.