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re: Why is it so important to rich people that they signal their wealth to other people?

Posted on 6/29/25 at 4:15 pm to
Posted by deltaland
Member since Mar 2011
102781 posts
Posted on 6/29/25 at 4:15 pm to
I recently scolded my butler for this when he was flaunting his new Lamborghini. Told him to learn some humility
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/29/25 at 4:19 pm to
quote:

I recently scolded my butler for this when he was flaunting his new Lamborghini. Told him to learn some humility


These were never funny or clever fyi
Posted by real turf fan
East Tennessee
Member since Dec 2016
11942 posts
Posted on 6/29/25 at 4:28 pm to
Some people hear the pejorative "nouveau riche" from their childhood when their family discuss money and behaviour with them. Others don't and won't ever realize that there is still a class system out there and they aren't on top.
Posted by ultratiger89
Houston, Tx
Member since Aug 2007
3951 posts
Posted on 6/29/25 at 4:29 pm to
Simple. Narcissist
Posted by Sofaking2
Member since Apr 2023
21289 posts
Posted on 6/29/25 at 4:50 pm to
One thing I learned early in my life is don’t worry about the wealth of others. If it’s not my money then I do not concern myself with it. It changed my life and perspective. I appreciate and I am grateful for all the blessings in my life.
Posted by ATrillionaire
Houston
Member since Sep 2008
3302 posts
Posted on 6/29/25 at 5:10 pm to
Poor people signal their poverty to other people all the time.
Posted by RobbBobb
Member since Feb 2007
34286 posts
Posted on 6/29/25 at 5:14 pm to
Insecurity

Thats what drives them to be wealthy in the first place. They attempt to use money as their life scorecard. Eventually they have to give it all away, when they die. And a lot of them dont pass it down to their own kids. Because they were such shitty humans in the run-up to wealth, that they produced kids that hate them

Its all rather fruitless. And its science, so . . . .
Posted by UtahCajun
Member since Jul 2021
5818 posts
Posted on 6/29/25 at 5:18 pm to
quote:

Insecurity

Thats what drives them to be wealthy in the first place. They attempt to use money as their life scorecard. Eventually they have to give it all away, when they die. And a lot of them dont pass it down to their own kids. Because they were such shitty humans in the run-up to wealth, that they produced kids that hate them

Its all rather fruitless. And its science, so


5 pages before something made me say

Da frick!
Posted by andwesway
Zachary, LA
Member since Jun 2016
3404 posts
Posted on 6/29/25 at 5:23 pm to
It's pretty gross, but so are they.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4643 posts
Posted on 6/29/25 at 5:25 pm to
Most of. What you see on social media is fake. My parents and my dads siblings went in together to buy a condo on the beach in Hawaii. I go pretty often since there’s a condo calendar and if you 2ant to use it you book the dates and can go if no one beat you to it. Only like ten people have access so no fights ever. Do you know how many social media wanna be act like the live there and snap pictures of it right off the property line on the public beach? Wife and I sometimes just go on the patio enjoy the waves and laugh at them.
Posted by bigjoe1
Member since Jan 2024
1869 posts
Posted on 6/29/25 at 5:28 pm to
quote:

Jeff Bezos being the most extreme, farcical example. That wedding was absolutely obscene.

But your neighbors do it every day. Houses, cars, where they shop for groceries, their clothes, where they send their kids to school, etc.


Nothing new here. It's been ongoing for generations.
In the 1890's an economist named Thorstein Veblen wrote a series of papers he titled Theory of the Leisure Class. He used the term "conspicuous consumption" to explain the behavior.

Posted by RobbBobb
Member since Feb 2007
34286 posts
Posted on 6/29/25 at 5:32 pm to
I take you havent been around many really wealthy people?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/29/25 at 5:34 pm to
quote:

I take you havent been around many really wealthy people?


It seems like most of this board hasn’t. Having a time share in Orange Beach doesn’t make you wealthy
Posted by moontigr
Dark Side of the Moon
Member since Nov 2020
7613 posts
Posted on 6/29/25 at 5:37 pm to
My dad is the exact opposite. Grew up poor and he hates spending $. Still wears clothes that he wore back when I was kid in the 80s. He stopped driving last year, but up until then he was driving a 1996 Toyota Tercel.
Posted by ItzMe1972
Member since Dec 2013
12670 posts
Posted on 6/29/25 at 5:42 pm to
How do you define rich people?
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
40491 posts
Posted on 6/29/25 at 5:53 pm to
quote:

I find most people that live around me that have the nicest material things are in debt up to their eyeballs.



Got a good view from the trailer park eh?
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
5054 posts
Posted on 6/29/25 at 5:55 pm to
quote:

He who dies with the most toys wins.
Oh, I don't know. At my funeral, I want every person there to say, "that sonofabitch owed me money."
Posted by UtahCajun
Member since Jul 2021
5818 posts
Posted on 6/29/25 at 6:09 pm to
quote:

I take you havent been around many really wealthy people


No man, not at all. Maybe one day.
Posted by victoire sécurisé
Member since Nov 2012
5662 posts
Posted on 6/29/25 at 6:18 pm to
If you had a net worth of about $5M and you spent less than $2k on your wedding, I would think you were frugal, to put it politely.

Jeff spent about 0.04% of his net worth on his 2nd wedding. That’s hardly showboating.
Posted by tigergirl10
Member since Jul 2019
10734 posts
Posted on 6/29/25 at 6:50 pm to
It’s the people on Facebook with pictures at the dealership with their new cars that I don’t get. Congratulations on your new note, I guess.
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