How much money does someone have to earn to be considered as Rich?

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  • JayJay
    Confirmed User
    • Jun 2002
    • 3739

    #1

    How much money does someone have to earn to be considered as Rich?

    In your Opinion, How much does someone have to earn per month for you to considered them as Rich
  • JayJay
    Confirmed User
    • Jun 2002
    • 3739

    #2
    hmmm.......

    Comment

    • Sosa
      In Tushy Land
      • Oct 2002
      • 40149

      #3
      matters where you live and how you spend the money. You can seem poor but have so much money in stocks, bonds, savings etc. To me, being rich is being happy and having money to do what you want.

      Comment

      • Spunky
        I need a beer
        • Jun 2002
        • 133986

        #4
        Many people consider a million to be rich but then again some consider that not enough....point is too many variables
        Last edited by Spunky; 01-08-2005, 10:08 PM.

        Comment

        • Veterans Day
          Confirmed User
          • Jul 2003
          • 8403

          #5
          Originally posted by JayJay
          In your Opinion, How much does someone have to earn per month for you to considered them as Rich
          If your in the states and you bring anywhere from 10-20k a month your better off than 98% of your surroundings
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          • riddler
            Confirmed User
            • Oct 2004
            • 3726

            #6
            I see rich as, Being able to get up and fly to a tropical island any weekend or day of the week you feel like it just to get away from the office

            Comment

            • kath
              Registered User
              • Feb 2003
              • 92

              #7
              That's the million dollar question now, isn't it?

              Let's put it this way.... you'd be surprised at how little some make - and shocked at how much others do... when people actually start talking numbers it's never ever what you think.

              "Rich" is relative... it really depends on who you talk to.
              Klixxx.com - Get more from YOUR industry magazine!

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              • GTS Mark
                Vrume Mark
                • Jan 2001
                • 20912

                #8
                Shaq is rich, the guy that signs Shaq's cheque is WEALTHY

                DH

                Comment

                • TheMob
                  Confirmed User
                  • Jan 2003
                  • 8584

                  #9
                  It's not about money, really.

                  Comment

                  • WarChild
                    Let slip the dogs of war.
                    • Jan 2003
                    • 17263

                    #10
                    Fucking being rich, I want wealth. Like Chris Rock says "Shaq is rich but the white dude who signs his check is wealthy.".
                    .

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                    • xclusive
                      Too lazy to set a custom title
                      • Apr 2004
                      • 35218

                      #11
                      I think it's when you make enough to have all your expenses paid for a month and double that...So if your expenses for everything is only 2,500 and you make 5,000 you could consider yourself rich but then again there is Rich and filthy rish totally different ballgame

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                      • WarChild
                        Let slip the dogs of war.
                        • Jan 2003
                        • 17263

                        #12
                        Originally posted by DrinkingHard
                        Shaq is rich, the guy that signs Shaq's cheque is WEALTHY

                        DH
                        Ha beat me to it.
                        .

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                        • SomeCreep
                          :glugglug
                          • Mar 2003
                          • 26118

                          #13
                          1 million iraqi dollars

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                          • Spunky
                            I need a beer
                            • Jun 2002
                            • 133986

                            #14
                            50 million and I would retire..that is more than enough

                            Comment

                            • Expected_Man
                              Confirmed User
                              • Nov 2004
                              • 2015

                              #15
                              No one of you is answering to the question...!
                              To me a rich individual who is making at least up to 30 thousand$ a month, I consider that one rich, It doesn't matter If he is spending it all in one game poker a night at Las Vegas or saving more than the half...
                              Ciaoo

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                              • stevo
                                Confirmed User
                                • Aug 2002
                                • 2051

                                #16
                                Originally posted by DrinkingHard
                                Shaq is rich, the guy that signs Shaq's cheque is WEALTHY
                                DH
                                Bill Gates is wealthy. If one day he woke up and had Oprah Winfrey's money he'd jump out of a building and slit his throat on the way down...

                                Comment

                                • BastarD
                                  Confirmed User
                                  • Apr 2004
                                  • 6341

                                  #17
                                  10 $ (10 bucks) [10 american dollars]

                                  Comment

                                  • JayJay
                                    Confirmed User
                                    • Jun 2002
                                    • 3739

                                    #18
                                    Originally posted by stevo
                                    Bill Gates is wealthy. If one day he woke up and had Oprah Winfrey's money he'd jump out of a building and slit his throat on the way down...
                                    Nice

                                    Comment

                                    • r3ap3r
                                      Confirmed User
                                      • Jul 2004
                                      • 3535

                                      #19
                                      I see rich as being able to cover your ass financially for the next six months with only one months worth of work.
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                                      • snowpimp
                                        Confirmed User
                                        • Feb 2002
                                        • 1099

                                        #20
                                        i see it as
                                        rich if you make 100k/year cuz that's enough for most to pay their bills easily and spend mostly as they wish.

                                        You're a millionaire once your assets reach a million or you make a million a year even if you blow it all away. billionaire means you've beat the billion dollar mark! let's all shoot for the latter, who wants to just be rich
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                                        • Intrigue
                                          Confirmed User
                                          • Feb 2004
                                          • 662

                                          #21
                                          you should be focusing on wealthy, not rich, and wealth is the number of days you can maintain your present state of living without working.

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                                          • nofx
                                            Too lazy to set a custom title
                                            • Nov 2002
                                            • 16826

                                            #22
                                            as long as you have money and you are happy, youre rich.

                                            Often times I wonder why
                                            There's love and hate, theres live or die.
                                            When sickness comes I must decide:
                                            When feelings go, theres suicide.

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                                            • SleazyDream
                                              I'm here for SPORT
                                              • Jul 2001
                                              • 41470

                                              #23
                                              Originally posted by DrinkingHard
                                              Shaq is rich, the guy that signs Shaq's cheque is WEALTHY

                                              DH


                                              actually that was tony morgan that said that
                                              This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                                              Now read without the word dog.

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                                              • Furious_Female
                                                Confirmed User
                                                • Oct 2002
                                                • 8187

                                                #24
                                                Rich is when your money works for you... not when you work for your money.
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                                                • Manowar
                                                  jellyfish  
                                                  • Dec 2003
                                                  • 71528

                                                  #25
                                                  When money isnt an issue anymore

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                                                  • DEA - banned for life
                                                    V.I.P.
                                                    • Nov 2004
                                                    • 7886

                                                    #26
                                                    rich is when you have enough money that you dont think about getting rich or when you buy things without looking at the price tag

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                                                    • MandyBlake
                                                      The one and only!
                                                      • Nov 2002
                                                      • 17761

                                                      #27
                                                      to me....mkaing over 250k a year is rich.
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                                                      • quiet
                                                        we'll miss you our friend. RIP
                                                        • Sep 2001
                                                        • 25115

                                                        #28
                                                        10 Million, after taxes, is 'rich' in my books.
                                                        we'll miss you our friend. RIP

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                                                        • erehwon
                                                          Confirmed User
                                                          • Nov 2003
                                                          • 3759

                                                          #29
                                                          When you are living comfortably on your money's interest.
                                                          Money NEVER $leep$...

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                                                          • David - PG
                                                            Confirmed User
                                                            • Mar 2004
                                                            • 767

                                                            #30
                                                            According to how many banks categorize customers:

                                                            - 300k gross a year income _OR_ 1 million of liquid investable assets = wealthy

                                                            - 30 million net worth = super rich, the breed of people that get their asses licked in the banks' family offices in Switzerland
                                                            perfectgonzo.com

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                                                            • polish_aristocrat
                                                              Too lazy to set a custom title
                                                              • Jul 2002
                                                              • 40377

                                                              #31
                                                              Originally posted by xclusive
                                                              I think it's when you make enough to have all your expenses paid for a month and double that...So if your expenses for everything is only 2,500 and you make 5,000 you could consider yourself rich but then again there is Rich and filthy rish totally different ballgame
                                                              Wow, I am rich
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                                                              • Vitasoy
                                                                GFY HALL OF FAME DAMMIT!!!
                                                                • Oct 2003
                                                                • 58202

                                                                #32
                                                                When you are content on what you make.


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                                                                • pxxx
                                                                  First African GFY Member
                                                                  • Mar 2004
                                                                  • 12114

                                                                  #33
                                                                  As long as you are wealthy,, and able to get stuff that you need then you are rich.

                                                                  Comment

                                                                  • TonyL
                                                                    Confirmed User
                                                                    • Feb 2002
                                                                    • 900

                                                                    #34
                                                                    According to Forbes $5 Million. According to me $20 Million.

                                                                    -Tony

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                                                                    • maxjohan
                                                                      Confirmed User
                                                                      • Dec 2002
                                                                      • 7219

                                                                      #35
                                                                      Originally posted by MrC
                                                                      I see rich as, Being able to get up and fly to a tropical island any weekend or day of the week you feel like it just to get away from the office
                                                                      if you have that freedom then you are rich.

                                                                      I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls...

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                                                                      • rowan
                                                                        Too lazy to set a custom title
                                                                        • Mar 2002
                                                                        • 17393

                                                                        #36
                                                                        Originally posted by David - PG
                                                                        According to how many banks categorize customers:

                                                                        - 300k gross a year income _OR_ 1 million of liquid investable assets = wealthy

                                                                        - 30 million net worth = super rich, the breed of people that get their asses licked in the banks' family offices in Switzerland
                                                                        I once met someone who works in a "private branch" of a large national bank in Australia. It's located in the city with an unmarked entrance. You can't get your foot in the door unless you've got at least a couple of hundred thousand dollars of positive balance in your accounts.

                                                                        If I had $200k cash, it wouldn't be sitting in a savings account.

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                                                                        • jade_dragon
                                                                          Confirmed User
                                                                          • May 2004
                                                                          • 1737

                                                                          #37
                                                                          I do not consider anyone rich, the poor house is only a lawsuit, an irs audit and a major illness away ;)
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                                                                          • detoxed
                                                                            vip member
                                                                            • Jan 2003
                                                                            • 17798

                                                                            #38
                                                                            Monthly income does not make anyone rich. Net worth.

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                                                                            • Grinder
                                                                              Confirmed User
                                                                              • Nov 2001
                                                                              • 261

                                                                              #39
                                                                              There is a good book called "The millionaire next door". The authors use a formula to determine how you rate in aquiring wealth and assets. The authors say that those seeking wealth should have a net worth that equals one's age multiplied by one's annual income, with the result divided by 10. Doing this will put you in the upper 1% range of American savers.

                                                                              So if you are 25 and earn $40,000 per year you should have a net worth of over $100,000

                                                                              But if you are 50 and earn $250,000 per year you should have a net worth of over 1.25 million

                                                                              They considered a net worth of over 10 million to be rich.

                                                                              Comment

                                                                              • Praguer
                                                                                Confirmed User
                                                                                • Dec 2002
                                                                                • 991

                                                                                #40
                                                                                You are only rich only in other people's eyes.

                                                                                If you make $100K a year, you may not consider yourself rich at all, but you are rich enough for about 95% of the people in this planet.

                                                                                On the other hand, you may earn $10Million a year and you may not be regarded as a rich person by people who earn 10 times that amount.
                                                                                Last edited by Praguer; 01-09-2005, 10:03 AM.

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                                                                                • matthewC
                                                                                  Registered User
                                                                                  • Aug 2004
                                                                                  • 93

                                                                                  #41
                                                                                  forbes considers anyone with over $10 mil is rich or considered to be a "millionaire"

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                                                                                  • David - PG
                                                                                    Confirmed User
                                                                                    • Mar 2004
                                                                                    • 767

                                                                                    #42
                                                                                    perfectgonzo.com

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                                                                                    • Lykos
                                                                                      Too lazy to set a custom title
                                                                                      • Apr 2003
                                                                                      • 31032

                                                                                      #43
                                                                                      It all depends in what country u live

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                                                                                      • slapass
                                                                                        Too lazy to set a custom title
                                                                                        • Nov 2002
                                                                                        • 14625

                                                                                        #44
                                                                                        I am not sure 10 mil does it any more. Interest rates are so low what the hell would 10 mil net you? 500k a year if you were very aggressive? 500k a year is awesome but not exactly what we would call rich.

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                                                                                        • Trax
                                                                                          [----------------------]
                                                                                          • Aug 2001
                                                                                          • 14486

                                                                                          #45
                                                                                          I would agree to the forbes numbers.
                                                                                          if you got 10m you are rich.

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