this post was submitted on 02 Jul 2025
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Fair point. Maybe that's the disconnect. To me, 'rich' covers a whole slew of people that aren't even close to billionaires. Someone who is living very comfortably and has, say, £200k in the bank, to me, would be considered rich.
200k in the bank? That pauper is just one bad medical event from being homeless.
How do you define 'rich', then? Not 'ultrarich', to which I'm thinking that phrase refers in today's world.
If you need an atomic clock to know how many millions of dollars you have, then you're rich. The rest of us aren't even worth fixing a rounding error for them.
For sure billionaires are ultra rich. What about someone with a 10 million? I would consider them rich, but they don't need an atomic clock to count their money. It sounds like I'm being pedantic, but I'm honestly trying to understand.