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Old 11-03-2005, 07:50 PM
jesusarenque jesusarenque is offline
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Join Date: Oct 2004
Posts: 470
Default Re: Who are the Rich?

[ QUOTE ]
My comment about 100k putting you in the top 2% was merely for income. Wealth and "richness" aren't just based on income. There's inherited wealth, property, stocks, bonds, and other assests that make a person rich. If I make 100k a year and spend 98k of it, I wouldn't be anywhere near rich and I don't even think I'd be upper middle class. I'd be damn near broke.

[/ QUOTE ]

If I made $5,000,000,000 but spend $4,999,999,999 of it, I wouldn't be anywhere near rich.
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