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In Reply to: RE: Whether I am rich or not depends on how I define rich on the test posted by Rod M on May 7, 2021 at 12:03:09:
I don't think athletes and celebrities make up but a small percentage of folks with lots of wealth and very few of them ever become billionaires.
Here's a list of the richest people in the USA and there's not an athlete or celebrity among them. Not oddly Donald Trump is probably the richest entertainer in America, far ahead of Opra Winfrey. I think Michael Jordan is the richest athlete.
But all these folks, and there's very few of them, fall far down in the list of billionaires.
I think far and away most people on the list are there because the value of things they have invested in have increased - not because of the money they've been paid to act or play sports or to otherwise labor beyond buying and selling stuff.
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Follow Ups
- RE: Whether I am rich or not depends on how I define rich on the test - Goober58 05/7/2112:24:24 05/7/21 (10)
- RE: Whether I am rich or not depends on how I define rich on the test - Rod M 12:57:22 05/7/21 (8)
- I doubt many billionaires live modest lifestyles and keep their cash in a mattress. - Rick W 12:32:45 05/8/21 (0)
- That's the problem I have with tax the rich - Goober58 13:41:46 05/7/21 (6)
- You heard very very wrong. nt - tinear 18:24:27 05/7/21 (5)
- No I heard correctly - Goober58 19:55:50 05/7/21 (4)
- RE: No I heard correctly - rivervalley817 21:17:07 05/7/21 (3)
- I always think that maybe if I work REALLY heard. . . - Chris from Lafayette 10:45:13 05/9/21 (2)
- RE: I always think that maybe if I work REALLY heard. . . - fantja 23:41:51 05/9/21 (0)
- RE: I always think that maybe if I work REALLY heard. . . - rivervalley817 22:43:08 05/9/21 (0)
- Billionaires ? ... - reelsmith. 12:28:47 05/7/21 (0)