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DeletedUser9
Guest
I BELIEVE IT'S REALLY IMPORTANT FOR US TO DEFINE EXACTLY HOW MUCH WEALTH WE WANT TO ACHIEVE IN LIFE.
YOU SHOULDN'T BE RACING TOWARD A FINISH LINE THAT KEEPS MOVING FURTHER AWAY OR NEARER TO YOU FOR THAT MATTER.
SAYING YOU WANT "MORE" CAN BE COUNTER PRODUCTIVE UNLESS YOU DEFINE HOW MUCH "MORE" IS. ITS LIKE SAYING "I WANT TO LOSE WEIGHT" THERE IS NO DEFINED FINISH LINE THAT YOU HAVE TO WORK TOWARDS.
This is just MY OPINION on the stages/standards of wealth. Of course none of this is set in stone and I am by no means an expert on personal wealth/finance.
Im just trying to gauge wealth goals/plan/aspirations of people on this forum. Please share your thoughts and the stage of wealth you want to reach in this lifetime.
The following contains:
The 5 Stages Of Wealth, The Lifestyle At That Wealth Stage, How To Be In That Wealth Stage, Notable People In That Wealth Stage (Entrepreneur/Singers/Actors/Athletes), A Rough Dollar Estimate Of Net Worth Do Be In That Stage.
1. Upper Class - Waking up when you want, not worrying about everyday bills, nice car, house multiple vacations per year flying first class.
You may have done well working as a doctor/lawyer for 20 years and saved/sold a small business/are an up and coming athlete/actor.
You are probably worth somewhere between $2,000,000-$10,000,000.
2.The Rich - 7 figure house, couple of expensive cars of choice, expensive hotel suites flying on chartered jets, high end clothing/jewellery.
You may have sold a sizeable business/ you are a rising star in sports/entertainment
Most Entrepreneurs of this net worth are not well known, Drake, Kevin Hart, Jeremy Lin
You are probably worth $10,000,000 - $40,000,000.
3. Offensively Rich - Ability to buy pretty much anything at a retail level, a $5,000,000 wedding ring, Bugatti, 40,000$/night hotel suites, 10,000S dinners, ability to buy a private plane/yacht (within reason you will be bound by your finances) multiple 7/8 figure homes.
You may have sold a sizeable chunk of a huge business or kept full ownership of a medium sized business got acquired/ Are a Household name athlete, A List actors, Superstar singer.
David Karp (Tumblr) Rihanna Taylor Swift, Will Smith, Mark Wahlberg, ,Lebron James, Floyde Mayweather)
You are probably worth somewhere between $100,000,000 - $300,000,000.
4. Super/Mega Rich - You can pretty much buy anything you'll ever need of want, the 50 million dollar yacht the 70 million dollar plane, any house you desire.
You have probably created something everyone has heard of, are a sports or entertainment icon.
Kevin Systrome (Instagram), Chad Hurley (Youtube), Madonna, Beyonce, Jerry Seinfield, Tom Cruise, Michael Jordan, Tiger Woods.
You are probably worth between $300,000,000 - $1,000,000,000
5. "Keeping Score" Wealth - You can acquire any earthly posession, any house, a fleet of planes and yachts, rare jewels. You can buy a bunch of Picasso's and use them as firewood. You are only bound by your imagination.
This category of wealth is almost exclusively for entrepreneurs. Your name is synonymous with wealth and innovation. You are a captain of industry with major holdings in public companies that you have created or invested in.
Mark Zuckerberg, Elon Musk, Bill Gates, Larry Ellison, Mark Cuban.
You are one of the richest people in the world, you are worth BILLIONS OF DOLLARS.
YOU SHOULDN'T BE RACING TOWARD A FINISH LINE THAT KEEPS MOVING FURTHER AWAY OR NEARER TO YOU FOR THAT MATTER.
SAYING YOU WANT "MORE" CAN BE COUNTER PRODUCTIVE UNLESS YOU DEFINE HOW MUCH "MORE" IS. ITS LIKE SAYING "I WANT TO LOSE WEIGHT" THERE IS NO DEFINED FINISH LINE THAT YOU HAVE TO WORK TOWARDS.
This is just MY OPINION on the stages/standards of wealth. Of course none of this is set in stone and I am by no means an expert on personal wealth/finance.
Im just trying to gauge wealth goals/plan/aspirations of people on this forum. Please share your thoughts and the stage of wealth you want to reach in this lifetime.
The following contains:
The 5 Stages Of Wealth, The Lifestyle At That Wealth Stage, How To Be In That Wealth Stage, Notable People In That Wealth Stage (Entrepreneur/Singers/Actors/Athletes), A Rough Dollar Estimate Of Net Worth Do Be In That Stage.
1. Upper Class - Waking up when you want, not worrying about everyday bills, nice car, house multiple vacations per year flying first class.
You may have done well working as a doctor/lawyer for 20 years and saved/sold a small business/are an up and coming athlete/actor.
You are probably worth somewhere between $2,000,000-$10,000,000.
2.The Rich - 7 figure house, couple of expensive cars of choice, expensive hotel suites flying on chartered jets, high end clothing/jewellery.
You may have sold a sizeable business/ you are a rising star in sports/entertainment
Most Entrepreneurs of this net worth are not well known, Drake, Kevin Hart, Jeremy Lin
You are probably worth $10,000,000 - $40,000,000.
3. Offensively Rich - Ability to buy pretty much anything at a retail level, a $5,000,000 wedding ring, Bugatti, 40,000$/night hotel suites, 10,000S dinners, ability to buy a private plane/yacht (within reason you will be bound by your finances) multiple 7/8 figure homes.
You may have sold a sizeable chunk of a huge business or kept full ownership of a medium sized business got acquired/ Are a Household name athlete, A List actors, Superstar singer.
David Karp (Tumblr) Rihanna Taylor Swift, Will Smith, Mark Wahlberg, ,Lebron James, Floyde Mayweather)
You are probably worth somewhere between $100,000,000 - $300,000,000.
4. Super/Mega Rich - You can pretty much buy anything you'll ever need of want, the 50 million dollar yacht the 70 million dollar plane, any house you desire.
You have probably created something everyone has heard of, are a sports or entertainment icon.
Kevin Systrome (Instagram), Chad Hurley (Youtube), Madonna, Beyonce, Jerry Seinfield, Tom Cruise, Michael Jordan, Tiger Woods.
You are probably worth between $300,000,000 - $1,000,000,000
5. "Keeping Score" Wealth - You can acquire any earthly posession, any house, a fleet of planes and yachts, rare jewels. You can buy a bunch of Picasso's and use them as firewood. You are only bound by your imagination.
This category of wealth is almost exclusively for entrepreneurs. Your name is synonymous with wealth and innovation. You are a captain of industry with major holdings in public companies that you have created or invested in.
Mark Zuckerberg, Elon Musk, Bill Gates, Larry Ellison, Mark Cuban.
You are one of the richest people in the world, you are worth BILLIONS OF DOLLARS.
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