He doesn’t have a $190 million net worth lmao.
My point is that you obviously just don’t understand how familial wealth works and you sound like an idiot while trying to explain it to someone who does. Family office types live off 1% of their income per year. That’s $1.9mm at $190mm distributed between his parents and uncles
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$2m/year distributed between a modest 3 couples leaves $666k/yr for each family. Have they build up other wealth and income from that? Probably. How much of that gets to Spencer though? Probably not much.
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My point is that even if you have a stake in something that’s very valuable it often doesn’t translate to income which is really what makes people ‘rich’ in the sense that they actually have lots of money to spend. It doesn’t look like that’s the case for Spencer.
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And if you’re just gonna argue ‘oh he’s rich because he has a rich family even if he doesn’t have income he’s still rich’ then what’s your fucking point? Sure he’s rich. It still doesn’t change the fact that it absolutely doesn’t mean shit.
End of conversation
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