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Spinoff to the Millionaire Next Door thread - How many millionaires do you know?

Posted on 7/24/18 at 3:49 pm
Posted by Raleigh Tiger
Raleigh, NC
Member since Oct 2003
622 posts
Posted on 7/24/18 at 3:49 pm
I'm talking people you personally know and who knows you that you think may be a millionaire. Not the owner of some large business you met at a party once who would never remember you next time he saw you.

And by millionaire I mean someone that has a million or more in investments or a business. Don't count home value.

Personally, I know at least 20 millionares and one potential billionaire, none of whom you would know had money looking at them or going by how they live.

Of course, being a millionaire today doesn't mean as much as it used to. Today you need at least 5 million to really have and do things most can't.
Posted by DustyDinkleman
Here
Member since Feb 2012
20374 posts
Posted on 7/24/18 at 3:50 pm to
We run deep in a circle of 50
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38535 posts
Posted on 7/24/18 at 3:51 pm to
A lot. Being a millionaire isn’t a big deal like liberals try to pretend.
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
87746 posts
Posted on 7/24/18 at 3:52 pm to
well my dad owns a dealership, we're a pretty big deal
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/24/18 at 3:54 pm to
quote:

someone that has a million or more in investments or a business


a lot, i don't even know how many.

I know 2-3 liquid cash billionaires. The only reason I know more than one, is because the other 2 guys are friends/business associates of the one.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/24/18 at 3:54 pm to
quote:

Personally, I know at least 20 millionares and one potential billionaire, none of whom you would know had money looking at them or going by how they live.


I find it hard to believe the billionaire doesn't stand out looking at his life.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/24/18 at 3:55 pm to
quote:

a lot, i don't even know how many.
Posted by Packer
IE, California
Member since May 2017
8699 posts
Posted on 7/24/18 at 3:55 pm to
1 confirmed. The father of one of my really good friends, but he may not remember me because he is a raging alcoholic. He did pay for a $4k bar tab that me, him and 2 friends rang up once though
This post was edited on 7/24/18 at 3:57 pm
Posted by Tiger Prawn
Member since Dec 2016
26330 posts
Posted on 7/24/18 at 3:57 pm to
Not sure about millionaires, but I know plenty of tree fiddyaires
Posted by BlackAdam
Member since Jan 2016
7274 posts
Posted on 7/24/18 at 3:59 pm to
Networth millionaires? Probably 200. Liquid cash millionaires, 5 or 6.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/24/18 at 3:59 pm to
quote:

A lot. Being a millionaire isn’t a big deal like liberals try to pretend.


About 2% of US adults are millionaires.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/24/18 at 4:01 pm to
quote:

I know 2-3 liquid cash billionaires. The only reason I know more than one, is because the other 2 guys are friends/business associates of the one.


There are only about 540 billionaires in the US, and you know 3 of them with over a billion in liquid cash?

I don't believe you. Either that, or you didn't understand the OP's explanation of "know."
Posted by Raleigh Tiger
Raleigh, NC
Member since Oct 2003
622 posts
Posted on 7/24/18 at 4:17 pm to
quote:

There are only about 540 billionaires in the US, and you know 3 of them with over a billion in liquid cash?


And I believe there's only one billionaire in all of Louisiana.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/24/18 at 4:17 pm to
Well when 1 of them is very close to you (almost family) for 20 years and you spent a lot of time with him and have spent time with numerous of his business partners including 1 who funded his whole business from the get go it becomes easier to realize. These guys run in similar circles, especially oil and gas explorers. But whatever
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/24/18 at 4:22 pm to
Who said anything about Louisiana?

Texas and Dubai actually

And there’s more than 1 in Louisiana. About a handful. Forbes is not a good source
This post was edited on 7/24/18 at 4:24 pm
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/24/18 at 4:24 pm to
quote:

Well when 1 of them is very close to you (almost family) for 20 years and you spent a lot of time with him and have spent time with numerous of his business partners including 1 who funded his whole business from the get go it becomes easier to realize. These guys run in similar circles, especially oil and gas explorers. But whatever


That's all believable, but $1 billion or more in liquid cash? Come on.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/24/18 at 4:25 pm to
quote:

And there’s more than 1 in Louisiana. About a handful. Forbes is not a good source


I can think of 2 in LA. Benson and Chouest. There are wealthy families, but those are the only two individuals I would think make the mark.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/24/18 at 4:27 pm to
Bernard
Flores
Benson
Chouwst
Mcilhenny family
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/24/18 at 4:29 pm to
I worded that wrong. Billion in easily liquidated assets
Posted by 2geaux
Georgia
Member since Feb 2008
2769 posts
Posted on 7/24/18 at 6:07 pm to
I have 97 on my contacts.
It's not as big of a deal as it used to be!
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