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re: How? Just how do so many people afford 2+ mil secondary homes in florida?
Posted on 7/1/23 at 7:04 pm to LoneStar23
Posted on 7/1/23 at 7:04 pm to LoneStar23
I think a lot of these people own succesfull companies. It’s hard to make that kind of money as an employee unless you are a big company exec (and there aren’t that many of those in the grand scheme of things).
Posted on 7/1/23 at 7:35 pm to GeauxTigers123
quote:
It’s hard to make that kind of money as an employee unless you are a big company exec (and there aren’t that many of those in the grand scheme of things).
I agree for the most part. There are a shitload of wealthy people who got rich while working for tech companies who offered stock options and such as part of the compensation packages.
I only know three people that have FU money.
One worked for Amazon for 14 years. He doesn't live extravagantly other than a nice home and boat. Probably $8-10 million.
One worked for a family business(part owner) that the dad sold. I think they got $6 million each. He had money before that, but at age 50 or so and after the sell, he quit working and went on a spending spree.
The other started some physical therapy practices around the Austin and San Antonio area after just having his own little practices. He took on some partners and investors and grew rapidly over a 15 year period. That area boomed and he sold out last year. Probably only worth about $5 million.
May not quilify as FU money, but in my little world they are. All under the age of 50 as well.
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