When you were growing up, did you know anybody in your community who was rich (by your adult standards of rich)?
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A ridiculous amount of people… didn’t fully grasp it until I was about 14 or 15.
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My family was considered upper middle class at one point. "Money goes as fast as you earn it," at least for my family then.
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My father taught at a private school, and so I was able to attend tuition free. The people I grew up with as my classmates likely had family incomes that were 10x my own family’s income, and still register as “rich” to me.
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Almost exclusively. In fact I later came to find my home region was facing a lawsuit from the ACLU for extreme class segregation.
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grew up in an upper middle class neighborhood where some students who went to my high school were in families with household incomes of ~1 million a year
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I think one of my friends must have been rich because his dad worked for an investment bank and was previously since high ranking person of the central bank of the country my friend was born in, can't remember if it was Dominican Republic or another.
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My uncle was CEO of a medium size construction firm. Briefly in the 70s there was a motor yacht, and they tried a jet, then turboprop to travel between remote sites. These didn't last, and the family was upper middle class after that.
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There was a family that had an elevator in their house, I thought that was rich until I looked into adding an elevator during a reconstruction project as an adult.