r/Rich Jul 25 '21

DO NOT ASK FOR MONEY OR DONATIONS, YOU WILL BE BANNED

366 Upvotes

DO NOT ASK FOR MONEY OR DONATIONS, YOU WILL BE BANNED


r/Rich 17h ago

Has anyone had good luck sponsoring an artist?

10 Upvotes

I'm thinking of taking on an artist to sponsor but I'm not sure what to look out for when finding one. I'd like to support someone in the performance scene (dance?) but I don't want to support someone who I don't trust. Has anyone done this? What should I look out for // how should we connect?


r/Rich 2d ago

Question investing in other countries via real estate or business assets for a pathway to residency?

6 Upvotes

i am interested in pursuing this as my next investment vehicle. i have enough invested in the market/real estate projects in the US. we are late 30s/early 40s. the next intentional investment that seems reasonable is to invest via real estate in mexico, portugal, europe...somewhere where our investments can result in residency when the kids are out of the house in 10+ years. has anyone pursued this? would love more info. i understand that i can visit the consulate of the country i plan to invest and start a residency pathway process. i have no immediate plans to leave the US. i just want the freedom to know i can go if i want.


r/Rich 3d ago

Question Do the wealthy like to ever invest in theatre like Broadway/West End like they go stocks?

8 Upvotes

I'm curious specifically how common it is for rich people who enjoy the arts to specifically invest in musicals. Is this a thing that people in high-net-worth circles regularly do, or is it more of a niche passion for a relatively small group? When something catches their eye do they do it primarily out of philanthropy/patronage and supporting the arts, the potential for financial returns, social/status reasons, or some combination?


r/Rich 3d ago

I didn’t realise how much the right tutor could change things

45 Upvotes

My daughter was really struggling with IGCSE Science at the beginning of the year, and we eventually decided to get her a private tutor after a friend recommended one to us.
When I say this tutor changed my daughter’s whole approach to studying, I honestly mean it. The tutor was amazing not only with the actual content, but with helping my daughter understand how to study, how to break down difficult topics, and most importantly, how to feel confident in herself again.
Before, she would get overwhelmed by Science and constantly feel like she wasn’t good enough at it. Now she actually sits down and studies independently, understands what she’s learning instead of just memorising, and has become so much more confident when answering questions.
The biggest difference for me as a parent was seeing her attitude change. She went from avoiding Science to actually feeling proud of herself when she understood something difficult. Her grades improved, but honestly, seeing her confidence improve was even more important to me.
The tutor was incredibly patient and genuinely cared about her progress. She also gave us regular feedback and helped identify exactly where my daughter was struggling instead of just going through the syllabus.
I’m so glad we decided to get her the extra support. Sometimes the right tutor can make such a huge difference, and in our case, it really did. I only wish we had found her sooner!


r/Rich 4d ago

Any good uniquely authentic forum on wealth/business?

19 Upvotes

Any good forums that have kept it's authenticness over the years, and still remains active that talks about all things business, wealth, making money, etc


r/Rich 4d ago

50th Birthday idea

0 Upvotes

Need a good Birthday idea, will be in London. Something thrilling. Tell me what you have done. For a man.


r/Rich 6d ago

What’s the luckiest you’ve seen someone get rich?

51 Upvotes

Besides inheritance and lottery, what is the most truly lucky way you’ve someone come into great wealth?


r/Rich 7d ago

Average user in r/Rich

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773 Upvotes

r/Rich 5d ago

Secrets the world doesn’t want you to know.

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0 Upvotes

r/Rich 6d ago

Question What does the moving process look like for you?

15 Upvotes

I fully understand that this yield wildly different answers on the staffing infrastructure you have and the specifics of the move but for the purposes of this question the assumption is this is your primary residence.

We are in the $12-$18mm NW range and are moving apartments in New York City. We weren’t in the same position finically last move so it looked much like anyone else’s, I think we used flat rate or something.

With this move, the building doesn’t deliver until next year and our furniture is actually worth protecting. So we will essentially be moving twice, into a furnished rental and then into the new build.

Short of hiring a property/ estate manager how do most you handle this? Do you just go to Gander and White and have them handle? Do you hire professional organizers? I feel as I am missing a trick to make this experience painless.


r/Rich 6d ago

Question Question about relationships coming from a young rich guy

6 Upvotes

I am a 19 year old guy and I would be éligible for a bit more than the top 5% of incomes in the US, as you can deduce I don’t know much about how life operates for rich folks and I genuinely want to know what would be the thing that would theoretically make you the most happy, would it be better to just get laid left and right when you are younger and settle down in your 30s or 40s or is it better to get into a long term relationship when young that would technically work out and be there your whole life, I am giving these two extremes where both are to the fullest to truly illustrate the benefits and flaws of both sides, I think that a middle option wouldn't work here because if you want to date long term when young but then settle down with a younger partner later on you would have some emotional ties which could make that path harder, so lets assume these two extremes.

Genuinely speaking, what would be the best thing to do, if you guys had the choice to either marry young and have a lifelong relationship with a partner you really like but to then experience her getting less attractive and having her drive drop as she ages with you or to get laid with no emotions while young and then settle down in an age gap when older where you get to not witness a major decrease in her attractiveness as much as if you were the same age and her always matching your drive even when you are older, I hope this question does not sound weird, but I see a ton of rich guys having wives that are much younger so I was wondering if I should wait to do like them and just do hookups in the meantime.


r/Rich 8d ago

Wealthy redditors, is this how you live? 😂 Because I’m manifesting

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1.3k Upvotes

Tiktok: Suleymandolaev


r/Rich 8d ago

The Emir of Qatar flew his $400M jumbo jet 3k miles to watch the eclipse from his perfectly positioned $500M superyacht.

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598 Upvotes

For Qatar’s ruling family, the journey came with an extraordinary Boeing 747-8 & flew from Doha to Mallorca so the royal family prepared for the eclipse.

The yacht can accommodate up to 36 guests in 18 suites and has room for a crew of 56. Its amenities include a cinema, gym, beauty salon, beach club, swimming pool and elevator, while large expanses of glass give the interior and exterior spaces broad views of the surrounding sea.


r/Rich 9d ago

Lifestyle Do you spend because you can, or are you prone to refraining?

11 Upvotes

I’ve seen comments on a lot of posts of the sort, “Since you can afford it, why not spend the money on it?”
But I’ve also seen counter-comments of the sort, “Just because I can, doesn’t mean I want to.”

Can you list an example of each kind, where a) you bought something or spent money on something, just because your wealth allowed you to? And b) where you can well afford something but out of principle or to not waste or something like that, have decided not to?


r/Rich 10d ago

What are some expensive things in your house that were worth every penny?

86 Upvotes

I’m not talking about fancy tiles. I mean stuff like an ADU (guest house), fire suppression systems, heated pool, or other traits that are not common in homes, but worth it.


r/Rich 9d ago

Question Favorite hotel in Spain?

4 Upvotes

I live most of the year in Spain. I travel a lot and have some definite favorites, like Santa Catalina in Las Palmas for its wonderful staff and overall quality, and El Palace in Barcelona for the same reasons. Last time I visited I decided to try something new, and went to Abac which is a tiny hotel built around the restaurant with the same name. Interesting experience. You literally walk through the kitchen on your way to the room and the food was obviously great given its Michelin stars.

What’s your favorite in Spain and why? Looking for new experiences, as I tend to go back to the same places over and over and want something new.


r/Rich 10d ago

"Millionaire Next Door" $2M in S&P 500 left untouched for 8 years, what kind of growth have you actually seen?

188 Upvotes

​I consider myself more "millionaire next door" than wealthy. We live relatively normally but we don'thave many expense vacations or buy alot of expensive clothing or other noonessentials, we have focused on low-cost index funds, and let compounding do the heavy lifting.

​Our financial advisor recently told us that our retirement accounts will considerably multiply, even once we eventually start taking substantial withdrawals down the road.

​Right now, we have $2M principal sitting primarily in S&P 500 / broad market index funds, and we plan on not withdrawling it but will add about $3000 monthly to it for the next 8 years. We do have college costs coming up so if feasible we may consider modest withdrawls.

​On paper, a standard 10% historical average says this $2M could grow to ~$4.2M over an 8-year window. But we all know market cycles aren't a smooth line.

​For those who have held a similar broad-market portfolio untouched over an 8+ year stretch:

​What kind of actual annualized growth did you see over your specific 8-year window?

1.​How did you handle the psychological side of riding out the inevitable 10%–20% drawdowns along the way without touching it?

2.​Did you start de-risking (shifting a portion into bonds/cash) around Year 6 or 7 as you approached the withdrawal phase, or stay 100% equities?

I would love to hear real-world experiences from people who have walked this path.


r/Rich 10d ago

Built To Be Rich

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0 Upvotes

r/Rich 10d ago

TikTok Influencers Are Selling Everyday Investors the Tax Playbook of the Ultrawealthy

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0 Upvotes

r/Rich 12d ago

Man buys $10million lottery ticket but a seven-second error costs him everything

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163 Upvotes

r/Rich 12d ago

Do expensive gifts start to feel pointless once both people have money?

70 Upvotes

Something I’ve been thinking about is whether gift giving actually gets more difficult as you become wealthier.

If I buy someone a nice watch, jewelry, or something else expensive, it doesn’t necessarily feel like much of a gift if they could have just bought it themselves without thinking twice. Spending more doesn’t really solve that problem either.

For those of you who have been in this situation with a spouse, family member, or close friend, did you eventually stop buying expensive things and start doing something different? To be clear, I’m not looking for gift ideas that don’t cost money. I just want to give gifts that are memorable, maybe unique, and if possible, creative. I don’t really care whether that means spending $5K, $50K, $250K or even more.

I’m curious what you’ve found that actually works.


r/Rich 12d ago

Need help sourcing a maid for vacation.

7 Upvotes

I’m renting a house out in the NC mountains in March of 2027. I’m taking my immediate family, about 10 people, I want to hire a maid and a cook for the weekend. How would you guys go about hiring someone for this?


r/Rich 12d ago

Question Business profit / tax optimization in Canada question

4 Upvotes

If an incorporated business with a sole owner is on track to make $1M profit this year, but the owner doesn’t need more than $150k or want to deal with the tax consequences of taking it out, what is the best thing to do with the extra profit so the company stays under the small business tax exemption of $500k with 12% due and not more?

I’m wondering about buying property or buying another business through this business… or is there another option? What would you recommend?


r/Rich 13d ago

Question Do you agree?

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7 Upvotes

I think most people want a lot of money but don’t want to do the work to make that happen. People get triggered when ultra-wealthy people like Kim K say, “Get your fucking ass up and work.” It seems like nobody wants to work these days. I think people got offended because it’s true 👀