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^That comment is a clear revelation of your perspective.
A LOT of people wear Ralph Lauren, especially the polo player polo shirts. The rich do too, but RL is very popular among the middle class. To not know this, you would have to either be quite the hermit, maybe live way out in the country, or live in a hardcore working-class area. Pehaps some or all of the aforementioned is true AND you think of the middle class as "rich" - without a clue of what the truly rich/upper class even is. I grew up in a hardcore working-class city most of my childhood, one of the highest Democrat-voting cities in the United States - a place that is incredibly and uniquely devoid of middle-class culture, and I also went to HS in a small town where everybody from all walks of life went to school together. From those experiences, I do recall that the working-class kids thought of the middle class kids as rich. That was common. But dude, everybody wears RL except for maybe certain hardcore blue-collar types. Even people in the ghetto wear RL.
Yup. Agreed.
My country relations thought we were rich because we had a country club membership and my stepmom drove a Town Car. It's all a matter of perception.
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Top 20%? That's middle income. My definition of rich is in the top 1% and even that has a large discrepancy. Making 1 mil a year isn't my definition of rich. Making multiple millions a year, every year, is rich.
My sister used to work for Chubb. She's since left and works for ACE now. The average home she sees is 15 million plus and many of those are 2nd and 3rd homes. And let me tell you...those homeowners ARE price sensitive despite being "rich." LOL
You're right, I should have said the top 5 percent. It's not just what you earn, it's your PNW that counts.
Anyone insuring with a company like Chubb or ACE isn't price sensitive, or they'd be with Allstate.
To me, anyone who does not depend on a job for living is rich. If a CEO making $2,000,000 a year loses his job, he will be in the same condition as someone working at McDonald's. People who have steady income whether they work or not are the real rich.
Many CEO's sit on the Boards of other businesses as well, this provides an additional steady stream of income.
My country relations thought we were rich because we had a country club membership and my stepmom drove a Town Car. It's all a matter of perception.
Social persuasion and wealth aren't mutually exclusive. No doubt. That's why you can have a weathy small business owner of the minimalist country persuasion who lives as if they are poor or a working/middle-class individual who is interested in country club membership (or maybe they just like golf and don't think of the class aspect). At the same time, many "country" people are wealthy farmers or business owners who do have country club membership. It seems like 'social persuasion' is partly or even largely a state of mind thing. I think that explains why a $30K per year bank teller or secretary can 'appear wealthier' than a $60K per year truck driver, machine operator or whatever. I think the lesson is not to stereotype or judge a book by its cover, respect and give every person the same consideration, and be yourself.
Ok, all the rich kids of london DO NOT wear brands like versace and gucci at all.
We wear brands like Supreme, Stussy, Bape etc. exclusive brands which are hard to get as a result arnt cheap but not as expensive as designer brands like that. Watches are a thing we all compete to have the best of, but then we dont wear designer watches we wear fine watches.
We all have gucci and armani ect but thats not actually the **** we wear.
hope that helped
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Not at all.
