Some well off people work way more than 40 hours per week to be wealthy. Not all of them are living the dream (so to speak) - they also can be stuck.
What the super rich people get is time. They have people to take care of all the crap the rest of us deal with - shopping, fixing the car, booking holidays, cooking, cleaning…
Yeah… I’d rather be wealthy than not.
what if their passion is working and it’s more than 40 hours
This is it. Although the selfmade millionaires are few and not many they are complete workaholics. The ones who inherited wealth are the ones screwing around and spending their money.
Nobody’s “selfmade”. That’s a myth perpetuated by Forbes, WSJ and the like to decrease resentment towards the people whose boots they lick for a living.
In reality, no matter how hard you work, you need the help of others to be successful and to be downright RICH, you need a whole lot of luck too.
You don’t understand what selfmade means. It means they did not inherited a fortune500 company at the age of 25. Selfmade means they started from a situation where they had a degree and a simple common job and made into a billionaire. Obvioisly no single person can create and manage a 20000 person company on its own, no one ever said it is like that.
There’s like 8 billion people, statistically there will be a few honest to god self made millionaires.
They’re just so rare that it’s not worth considering as a real possibility for the average person.
I wouldn’t call it impossible, just statistically insignificant.
Edit: self made billionaires. Stupid inflation.
Literally semantics and who gives a shit. Erm ackshually, type beat. Obviously money flows, no one just generates money on their own without the creation of value by the governing body, or can provide goods/services without the goods/services needed to even start their own trade. No one legitimately believes selfmade means you did literally everything yourself, everywhere. It’s just people who earned a wealthy life without inheritance.
it’s less about working harder, and more about seeing opportunities and being able to take the risk to go after them.
At a certain point these individuals aren’t really contributing much. They’re keeping themselves busy with unnecessary meetings, networking activities, etc.
If upper management takes a month off work at a steady company, not a lot of things slow down.
In Dutch there’s this joke: “netwerken is net werken.” Roughly translates to “networking is almost like work.”
I’d rather rich people spend their time spending all their money, then at least they’re benefiting the economy which has SOME minor gains to everyday people. It’s the ones who horde it that are the worst.
The ones who spend their time giving away their money are the only good rich people.
Rich people works too. Source: know rich people.
I guess it depends. A doctor can be considered rich and certainly works long hours, whereas a trust fund kid can just travel the world on mommy and daddy’s dime.
It seems so easy for them, if you ignore all the work it took for them to get rich in the first place.
I agree. To be in a position to be able to exploit involves a bit of luck.
Yeah, all the hard work Elon did to reach the egg cell before the other sperm cells in order to be born as the son of an Emerald Mine owner was truly remarkable.
Everyone isn’t also not Elon, though. There’s a vast amount of billionaires who already started rich or just were in the right place at the right time. Talking like all, or even most of them are set for life due to their hard work is naive.
Oh and what about when Elon got investment funds to help create Paypal because he had the money to gamble and afford to fail or not fail! I loved that part of the hard work. And the part where he controlled the media to believe he was a genius with an engineering degree despite not having one. Those are my favorites.
Where do the people who worked 40+ hours a week jobs and worked up to being rich go?
I understand the sentiment, but depending on what you consider “rich” that, IMO, is very, very wrong.
You’re moving the goalpost.
I just see two classes. The working class and the owner class. People who own entire large businesses without having to work at them or manage them? That’s rich. The owners.
Anybody who has to work to live is by definition working class, though some working class people get paid very well and can lead decadent lives.
I might be caught saying they are well-off, doing well, are rewarded generously for their work, can afford more freedoms than most. They aren’t rich though. Their continued labor makes their life possible.