In Silicon Valley, Millionaires Who Don?t Feel Rich

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  • RayBonga
    too cool for highschool
    • Nov 2005
    • 12164

    #1

    In Silicon Valley, Millionaires Who Don?t Feel Rich

    From Sunday's New York Times

    Mr. Kremen estimated his net worth at $10 million. That puts him firmly in the top half of 1 percent among Americans, according to wealth data from the Federal Reserve, but barely in the top echelons in affluent towns like Palo Alto, Menlo Park and Atherton. So he logs 60- to 80-hour workweeks because, he said, he does not think he has nearly enough money to ease up.

    ?You?re nobody here at $10 million,? Mr. Kremen said earnestly over a glass of pinot noir at an upscale wine bar here.
    http://www.nytimes.com/2007/08/05/te...gy/05rich.html

    Read the full article at the site (too long to post here).
  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #2
    He is right. $10 million isn't much in Atherton for sure. Here is a nice $2.2 million dollar home there - http://homes.realtor.com/search/list...rcnt=29#Detail

    Comment

    • DateDoc
      Outside looking in.
      • Feb 2005
      • 14243

      #3
      This Atherton home isn't too shabby for $15 million!!!! http://homes.realtor.com/search/list...rcnt=29#Detail

      Comment

      • jonesonyou
        Confirmed User
        • Sep 2003
        • 3853

        #4
        thats alot of money here.

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        Comment

        • shermo

          #5
          Originally posted by BusterPorn
          He is right. $10 million isn't much in Atherton for sure. Here is a nice $2.2 million dollar home there - http://homes.realtor.com/search/list...rcnt=29#Detail
          OUCH! And I felt bad for spending $325k on my 1700 Sq. foot home.

          Comment

          • DaddyHalbucks
            A freakin' legend!
            • Feb 2004
            • 18975

            #6
            Move to a cheaper area, and live like a king.
            Boner Money

            Comment

            • Ayla_SquareTurtle
              Confirmed User
              • Sep 2005
              • 3550

              #7
              well with 10 million he can easily move somewhere else where he can feel like a big baller. I hear Ethiopia is nice.
              gone. long gone.

              aylasquareturtle .."a"t".. gmail dawt com

              Comment

              • collegeboobies
                So Fucking Banned
                • Jul 2004
                • 3644

                #8
                Ah they should quit bitching, move to a high quality small town they can own for a few mil and live off investments there forever.

                Comment

                • gandalfuy
                  Confirmed User
                  • Jun 2005
                  • 4686

                  #9
                  Originally posted by DaddyHalbucks
                  Move to a cheaper area, and live like a king.
                  yeah thats what i was thinking!
                  I'm not back.

                  Comment

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