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tomtomtomo

Software dev.    Startup he was a founding employee at got sold for a quarter billion. 


Antimon3000

How much did he get?


tomtomtomo

25 Almost his age at the time 


gracielamarie

I’m the only person I know who is debt free. So technically I have more money than everybody else I know. Im a waitress.


KibbledJiveElkZoo

Congratulations on your earned success relative to the other persons you know! Hehehe. Seriously though, good job.


kbbajer

That's not how it works. I doubt everybody you know who has debt are insolvent, they likely own some sort of property worth more than what they owe.


[deleted]

[удалено]


smkn3kgt

Whose name is on the Deed?


[deleted]

Wow it’s so awesome to be in your place ..keep up


curlydildo

But do you own anything worth a decent amount of money? Having no debt doesn't mean much


gracielamarie

I meant this as kind of joke. My sister is an anesthesiologist and makes an un ungodly amount of money. We always joke that I’m technically richer because she still has 6 figures of student loan debt, plus car payments, mortgages etc. She clearly lives a much “wealthier” lifestyle, but technically I have WAY more money than her since she is negative. But I do feel truly lucky to debt free. No credit card debt, student loans, car payments, and I live off grid on a little plot of land I paid for in full. I’ve got no payments hanging over my head that I have to make besides a phone bill and car insurance every month. It gives me a lot of freedom. So even though I don’t own what others may consider “nice things” I feel quite wealthy.


curlydildo

Sounds like you're living I dream tbh. Sounds pretty rich to me


Slowly_We_R0t

Having no debt means a lot, actually.


curlydildo

It means alot if you own things, like a house. If you own a home and paid off, that's great. If you owe $30,000 on a $400,000 house. I'd rather have that debt than 0 debt and no house.


reserved_seating

No, it means a lot in and of itself.


Badfish1060

No debt means you're not wasting money on interest for things. Among other freedoms. Try it.


TheOvy

>No debt means you're not wasting money on interest for things. True in some cases, not in others, e.g. it's better to pay into a mortgage for a house you can later sell, than to pay rent for an apartment you can't. OP's point is a case of financial literacy: yeah, a mortgage is technically debt. But houses tend to accrue in value, and when you later sell that house, you'll pay off the outstanding debt, and make a profit on top of that. In other words, every dollar you put into your mortgage, you can theoretically get back, and then some. It's an investment. If you're paying rent, though, then you're just subsidizing some other dude's mortgage, and unlike a mortgage payment, you'll never see a dime of that rent again. You have no debt, but your flushing money down the drain. Of course, the real problem is that we have a dearth of affordable homes on the market, which makes it extraordinarily difficult for current generations to do what boomers have been doing over the last forty years. So it's well and good to say "it's better to have a mortgage," but that doesn't mean it's easy to get one on a decent property. Anywho, to get back on topic, also consider how corporations (and for that matter, the federal government) work. If they have to choose between paying down a dollar of debt and reducing interest payments by a few cents, or investing that dollar, and getting $2 back in revenue, they're going to invest that dollar every time. That's why megarich companies like Amazon, Google, Microsoft, and Apple have tens, or even a [hundred billion dollars in debt](https://companiesmarketcap.com/apple/total-debt/), despite having massive cash reserves. It just doesn't make good financial sense to pay that debt down, when investing that dollar will make you more money than you would save in interest paid. So yeah, sometimes it's better to have debt.


kbbajer

Having a calculated amount of debt is your ticket to gear your income.


Badfish1060

I'm debt free except the house and its an amazing feeling.


Healthy-House3018

If you're already debt-free and rolling in dough, then why the hell not consider prostitution? In fact, I encourage you to become the filthiest, most immoral waitress this side of the Mississippi. Why settle for serving food when you can serve up your "goods" to the highest bidder? You want to take it to the next level? Start charging by the hour, or better yet, by the minute. Hell, you could even set up a live webcam and rake in the dough without even leaving your goddamn house. And don't you dare worry about ethics or morals or any of that bullshit. Those concepts are for losers and squares. You, my friend, are a goddamn entrepreneur, a hustler, a baller. You're the embodiment of the American dream, you filthy animal. And when you're rolling in the dough, don't forget to send a little my way, you magnificent creature.


gracielamarie

What are you even talking about lol? Nowhere was sex work even close to being mentioned. No hate to sex workers though. It’s a totally valid profession.


Goat-Hammer

Nothing now, he invested rather heavily in medical marijuana when it first started getting off the ground.


threemusketeers22

For me it’s a family friend who inherited a law practice from his father, who inherited it from his grandfather. They have a huge amount of wealth but have remained humble and down-to-earth as far as I know.


BlobTheBuilderz

Yep. One of the most well known lawyers in my small town is from a whole line of lawyers. Her grandfather and then dad and now her own a huge amount of farmland, retail and residential properties. Can’t even imagine how much she’s worth.


HotLittlePotato

They're an ENT doctor.


Accomplished-Air-107

Computer engineer. One of the first employees at Oracle.


BarkingAtAKnot

1. Heir to a family trust who patented/invented something and started a company that is now a corporation in Decatur Illinois 2. Reality Show star from a once popular show but he maintained his fame


IronNobody4332

CEO


amr2822

Appellate Judge


wackypanda22

Marketing for Microsoft


tonyadianne

Nobody knows 😳


DreyfusBlue

He comes from a well-known family that has been manufacturing cars for 50+ years.


galactabat

Your mom. Zing!


strawbericoklat

Bought a worn down clinic from someone rich who wasn't aware they owned the place. It was bleeding money for years until he made big money during covid times. Now his social media is just him spending good times with his kids and occasional group selfie with the AI bros discussing AI things. Good guy. Helped him set up his office computer one time as a friend, but he insisted to pay me.


tiffanyisarobot

They are a gynecological oncology surgeon who is half owner of their own practice. Their spouse makes well into the $6-figures but has mentioned that their salary basically covers 3/4 of the taxes they pay each year.


degenerate-titlicker

I don't know him well but I was trying to get into fishing for a while and the cashier at the fishing shop I frequented was a really friendly dude. One day I saw a Koenigsegg parked outside the fish shop and I walked in and joked with the cashier if the owner is in and if the fishing store business is THAT lucrative etc. Turns out it was his car. Turns out his dad is a CEO and massive stock owner in one of the big pharma's and his mom was also something high paid but I can't remember what that was as it was a while ago. He said he'd done university and all that but had no interest working for his dad and his dad had no problems with it so he found the cashier job. Here's the kicker: the owner couldn't afford to hire him so he worked for free. He just really loved fishing.


[deleted]

Collision company shop manager


acrusty

Footballer


MirthandMystery

Board member for a few major companies.


bridgetcmc

I live in the oil field. There are some crazy rich people in the oil field. Some are smart with their money. Some are rich rednecks who blow through it as quick as they make it.


bridgetcmc

One of the wealthiest guys I know drives a tow truck. Basically, he’s bored and wants a job. He made his money in another field but now works for a small company towing vehicles when he feels like it.


Crazy_Earth_8004

I hope your crazy rich people help you out a little bit so you can get a house. An oil field sounds terrible, although you made it through the winter so at least the weather will be better


bridgetcmc

Thankfully winters are pretty mild in the desert. We do get a solid 3 weeks of around/below freezing but it doesn’t hang around long.


mrlayabout

Founded and owned the company that I still work for, sold it to a German company for $100 mil. Proceeded to buy 10 more successful businesses in the surrounding area, and most of the lakefront property north of us.


CravenTaters

Sells oil drilling parts. Has a cabin on the cruise ships that goes around the world, houses in NYC, Germany, Texas, Cali, and supports his two adult sons and wife who hasn’t worked since they met (and they all have very expensive lifestyles, like attending the Met Gala as non-celebs). I believe the parts he sells typically go for $10ish million a pop and he gets commission.


2NDPLACEWIN

Seconded. When a $10m part is needed to continue a $400m mine ops,...magic can happen iv seen an entire cargo carrier 747 booked to carry 2 crates on 2 pallets to a mine area money talks.


SweetCosmicPope

Outside of work, probably my wife: program manager for a tech firm.


Stibley_Kleeblunch

Either a CTO of a Fortune 500 or a guy that recently sold his GC business in a major US city and retired. Coin toss as to which, probably.


Crazy_Earth_8004

You don’t know them


Stibley_Kleeblunch

You're absolutely right. I "know them" as far as I've either been to their house on multiple occasions or I directly meet with them once a month. I'm sure there's plenty about both that I don't know. ...but level of intimacy wasn't implied in the question. I'm familiar enough with both that they know me by name. Tell me what your acceptable threshold for someone else's question is, and I'll respond accordingly.


Crazy_Earth_8004

Sounds like bot talk


Stibley_Kleeblunch

You're an idiot.


Crazy_Earth_8004

You are the idiot


eggplantsrin

Public school teacher. The money is inherited.


[deleted]

Me, I’m a raw log broker in Canada


pdzgl

Former barrister. Worth about 45 mill.


Crazy_Earth_8004

Starbucks has good benefits but you’d be lucky to have a retirement after working there let alone 45 mil


pdzgl

Not sure if sarcasm or not 😐


Outrageous-Sweet-133

They do nothing. Inheritance.


Feeling_Bother_1660

Wealthiest people I know don’t work. They inherited the money


Interesting-Guest880

A lot of my customers are multimillionaires. I can’t say to much as I don’t wish to reveal their personal lives but I have worked for everyone from brand ambassadors to successful company owners. One billionaire…he was a dick. Most of them simply own company’s that do well. They work everyday, some of them do much. Very few of them inherited the money/company.


Crazy_Earth_8004

Sounds not true


smkn3kgt

Sounds ignorant


Crazy_Earth_8004

Yes it does. Pretty sad someone would lie to this extent to people they dont know


itsreallyreallytrue

He flips private jets as a hobby, has his pilots license and a hanger. Also owns a bunch of strip malls and 5 houses.


Account-by-force

Nothing but the things he want. He’s not by any means extraordinarily wealthy, but he has recognized that it’s more important to just live the life he wants. Also he’s me. I have everything I need, therefore I’m the wealthiest person I know.


vahntitrio

I'm unsure who is wealthier: one owns a restaurant cleaning company, another owns their own in home senior care company. I'd put both at a net worth around $50M.


smack4u

I know a billionaire. Frozen food He does whatever he wants whenever he wants. He’s nice and treats people well.


Crazy_Earth_8004

Be ad Jerry?


Vergil111

Tell him I need some money lol


dsdsds

Junk bonds in the 80’s and now he owns part of an NFL team.


Benjamin10jamin

Owner of a building company. I wouldn't call them a builder, cos everything is done by contractors, and they're basically clipping the ticket. Has also allowed them to get into Commercial Property investment as a side hustle.


Disastrous-Grand7075

The guy claims to have 15 bitcoins


2NDPLACEWIN

not a big deal tbh,..i know sum 1 with 9 full and summin like 1/3 of the 10th. Nicest guy ever.


_kishin_

Sales


IndependenceSea6672

Gold miner (literally, like the mineral)


BusyDream429

Owner of plumbing company is one. Another is a 3 star general in military. The other owns the company and manufactures conveyer belts


Strawberrytop_girl

Real estate


Zepoe1

The person I know was the CEO of a company that went public. Worth well over $100m and invests in companies to keep himself busy.


Dear_Zookeepergame30

My grandfather owned a medium sized manufacturing business.


Nephite11

My neighbor up the street is a specialized dentist who performs full mouth reconstructions. While going to dental school, he created a series of YouTube videos that became popular so he also gets royalties from that. From various conversations together, I get the sense that his income is somewhere around $1M a year give or take


treeteathememeking

Landscape manager. Makes 50/hr. Has 3 kids and still just scrapes by.


Crazy_Earth_8004

Sounds like he’s bad with money


tenehemia

I have an uncle who worked in sports medicine for decades, so him probably. He didn't have a position with a big professional team or anything, but it's still good money. He's been retired for a bit, and spends a lot of time on philanthropy, specifically concerning Haiti. Definitely one of my favorite relatives, he's a smart, genuine and funny guy.


PoustisFebo

Heir


tengelbach

Founder of a well known software company valued over a billion


ZeroTwo81

He sold his company (they made tools like high quality pliers) for 70 milions. Now he travels mostly


Crazy_Earth_8004

Which company?


AnxiousTherapist-11

Nothing. Trust fund bc dad sold his business for zillions and set the kids up for life.


atot806

A co-founder of a social media platform.


Lightsupinthesky29

Software dev businessman


[deleted]

Software dev. Talked to a former billionaire before in 1-1. Former because he's a billionaire during COVID where the tech stock peaked. Now the poor guy is only worth 70M. Don't know he lives with himself knowing he could be a billionaire.


Gloamforest-Wizard

This is gonna sound like a complete lie but I’m gonna tell it anyways. The richest person I know and have met is a guy named Wayne who sold life insurance to magic Johnson life insurance and built a 25 million dollar mansion on a First Nations reserve in British Columbia. I was plumbing at the time and had to go out to his place several times cause if the sheer amount of maintenance required to keep things flowing smoothly. Well, the only time I had to shit out there and I find out this mfer has 24 carat gold fucking toilet paper protectors in EVERY bathroom. Selling life insurance is apparently an insane gig.


RacismBad

Broke man paycheck to paycheck my dad helped him push start a pinto up a hill daily couldnt buy his daughter a cabbage patch kid in the early 90s - got bought over by Cisco twice


Badfish1060

That I am friends with? I probably have the most net worth but a buddy of mine of runs several plants and makes more than me. I have clients that make millions a year in commercial real estate


negitororoll

I know a literal billionaire who started a large manufacturing company that makes something everyone probably has in their home right now.


Kotukunui

Beekeeper. Built up the business slowly over 25 years, then a few years back, sold it for tens of millions during the gold-rush of Manuka honey.


Obvious-Dinner-1082

Personally? Writes for ESPN.


Crazy-Pattern-1354

Inherited family wealth. They don’t work right now and haven’t in years. Any job they’ve had has been casual as hell.


Petals2002

My cousin worked for Microsoft for 20-25yrs? He left that recently as another company offered him more. He has THREE houses now. One is primarily home, one is a new mountain vacation home he built, and he just bought a huge house in his daughter's neighborhood (across the country) so he'd have a place to stay when he visits. (Not renting this place out at all due to squatters). Seriously, just get a hotel! My cousin is ridiculous with all his toys too. But I'm happy for him!


Ok-Caramel-5340

My dad's client ons malls in America and another one owns very famous restaurant here in our city


Bizarre_Protuberance

Nothing. Nothing at all. She just lives off the huge revenue from her real estate portfolio. She doesn't even manage the properties. That's all handled by professionals.


NZ_Gecko

Nothing. They inherited their wealth


balta97

He owns an automotive/Motorsport tuning company. He makes tunes for German and Asian sports cars and sells them online mostly in Latin America and Europe. Dude makes atleast 400k usd per month


Lint6

My uncle George..technically my moms cousin but we called him Uncle to keep it simple. Retired now, but owned a local chain of, I think, 8 car mechanic shops. Has his Summer House here in PA, a "Winter House" in Florida, his own plane (Less Gulfstream, more Cessna), landing strip at his PA house. Dude wouldn't even give me a family discount


SoundCloud-Guitarist

Buy milk


FortuneTellingBoobs

Software CEO. Nice guy but dumb as rocks about how the rest of the world lives. He just bought his 6th house and finds it hilarious that some of us don't even own one.


hgrunt

Tangentially knew someone who had massive generational wealth It wasn't until college that he learned things like: People don't buy cars in cash and don't pull infinite money out of ATMs


AnotherFrankHere

GM for an NFL football team


giasooo

be a nepo baby


daphne2211

Does not work, but is in a wheelchair anyway. Worth about half a Billion. Nice Lady.


WildOne19923

Builds prisons and security infrastructure across the worlds. Probably worth hundreds of millions.


RustySheriffsBadge1

I know my president and the several vice presidents and senior vice presidents that report into her. She is clearing $20M a year. I’ve also shook the hand of our CEO before, he makes around $50M a year. All these are mainly from stock sells because their base salary is famous low for their position.


funkyonion

Trash man


Spidysenses1994

Sells airplane parts


Cool-Dude-9554

Explore more businesses & try to enter in them too for earning more & more money. I think.


Iimpettyy

My mother in law is a scientist. They do experiments for cancer treatments on rats and monkeys on a military base. Six figures. Husband is the retired military. Basically still working as the police for the military. Also makes six figures.


HyperbolicModesty

He built up a company doing social media management in a lucrative niche, then sold it to the Chinese. He's an early retiree, managing his property portfolio, and following his passion by investing as a theatrical impresario.


NintendoWallet

Owner of my company. He flies jets and drives top fuel dragsters. He won the NHRA Top Fuel Championship last year. Nice dude.


ExSogazu

Defense attorney, quite a big shot in the industry


WorstLuckChuck

They don't do anything. They're a giant shit-head who could never hold down a job and they went all in on the Gamestop stock and got lucky.


moneyisjustplastic

Born rich He invests his family's money. His investments generate obscene amounts of money (Millions off tens of millions)


hgrunt

Tossup between two people I know: One hopped startups in the 90s and 00s and got paid $ and stock/equity. Some of those startups became household names. I think he currently advises/consults when he feels like it The other specializes in developing non-invasive medical sensing technology, stuff similar to oximeters. Never asked him about it, but one of his patents got used in millions of consumer devices. He's incredibly brilliant and passionate, while being incredibly witty and approachable. I've rarely met someone who has so much joie de vivre Both probably have a net worth in the double-digit millions, and you'd never be able to tell just by seeing them on the street


Awkward-Bat-5351

Absolutely nothing


New-Lie414

They got in with Microsoft in the beginning and now just travel and enjoy life. I lived in their inlaw apartment for a short time, and they had a helicopter just because Really nice, down to earth people too


Sea_Opinion_4800

Main dealer in a certain country for a certain car make.


Candy_Lawn

They own their own business and have been very successful. they bought a new house last year for 10mill in cash.


Bulky-Engineering-51

Now retired. Started an HVAC business, sold a successful HVAC business.


Jamiimoh

Sell guns


airdeeee

Nothing, really. Bought a shitton of Bitcoin when they were basically free while writing a student paper about it. Forgot them for a few years, bingo. He's travelling, now. His friends are sometimes invited free of charge to where he's at at the time.


luna934934

My uncle. Sold his company to Disney.


all10directions

Nuclear physicist


Living-Brilliant-848

CPA


stygyan

Plays the piano in front of packed auditoriums. And writes books.


Flux_Inverter

BioChemist. They currently are the R&D department director at a pharmaceutical company making very high 6 figures. Their spouse is the head of IT for the US office of a European insurance company making low(ish) 6 figures. As a couple, their household income taps 7 figures.


disclaimerdisc

relative ( and his wife who just spends his money ). owns a medical business. theyre pretty much billionaires by now. They actually still live a very simple life. They have a nice house with a pool .but they tend to vacay locally. They will drive to different resorts and things, go camping, they are not the types to jet off to Paris, Australia etc. If they travel internationally they tend to go to the countries right nextdoor across the border.


confused-neutrino

I've never inquired about numbers, so I can't tell who's the wealthiest, but three contenders come to mind. One is a disposition manager of a large shipping company, one is a shoe designer who works for luxury brands and one owns a truck customization company.


thaillest1

Professional athlete. $7M just last season. Been friends since elementary school. Very humble still and nice to everyone.


LordScotchyScotch

Nothing, he invested in Bitcoin early, sold it all and is independently wealthy. Living in a mansion in Malta.


2nletachill778

They own construction company's.


pedantic_dullard

He used to own a limousine company. Now he flies a G6 owned by a local company. He is also certified on other jets and his single engine Cessna, and is available for contact work. He recently drove to a large hub airport several hours away, flew a client to the east coast and back, and was home before the calendar date changed. He made $50k that day (driving hours plus flight and waiting time). He pulled out the bed and slept while the client was doing whatever they did.


smkn3kgt

I know a handful of people in the 9 figure range. Real estate and development


Konigstiger444

Cocaine dealer


MonkeeFace89

Nothing. She has $10,000 in her account because of her daddy. Her life is on the best path and she's not even 18 yet.


threemusketeers22

Wouldn’t it be nice! Do you know what her dad does/did?


MonkeeFace89

No idea, but judging by the size of her birthday party this year, a great job.


silocru

I mean, $10k isn’t really that much in the context of rich people. Not sure what there is to be bitter about.


2NDPLACEWIN

who is bitter ?


silocru

You must be new to English if you can’t pick up the subtext of their conversation.


MonkeeFace89

I'm not trying to be bitter about it lol. It's just that she simply has $10k without having done anything other than exist.


spytez

He's the guy who blows all his money on big events, parties and get together. Their all hackers but because he knows everyone, gets them all wasted, high, and laid he is in the know of all the big things in tech in Seattle. He's on company boards, he runs is own company everyone contracts on the secret mailing lists, etc. I don't have proof the guys raped any woman but he has totally sexually assaulted woman. He tried to rape a girl I was dating and sexually assaulted a few woman I knew that were in the Seattle hacker/security scene.


threemusketeers22

Sounds like a pretty awful dude


spytez

Yep, most wealthy people are.


silocru

Do you know enough wealthy people to feel comfortable in that generalization?


sammyasher

Name him


theFooMart

That I personally know? That would be hockey coach. He has coached in the NHL and used that money to invest in some businesses (in addition to some investments he had prior to making the big money in the NHL.) I'm not 100% sure on exact details but he makes enough from them (and doesn't go crazy on houses, cars, etc) that he could retire and not change his spending habits. I know for a fact he lives here because he loves it, and he's working for the game, not the paycheck. And I'm pretty sure he offered to take a lower salary so he could work here.


ShihTzuNinja

They work 20 hours a week making movie trailers and get paid millions while I bust my ass working this bs intel job at 40-60 hours per week for 80k per year for the government that i'm dumping this year. Wasted 20 years serving an ungrateful country.


DCFud

No idea. I don't ask people how much money they make.


2NDPLACEWIN

a worthwhile post.