They mean billionaire middleclass.
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I think they actually do. $16 million is like weekend money for them, I’m guessing
They don’t even spend that money, as is all billionaire spending. They borrow against their assets and profit enough to pay back the loan so they literally don’t spend money by using that credit line to buy more assets. Gates, bezos, musk, etc. depending on their market situation they could literally take a piss and be 16 million dollars richer or poorer and it wouldn’t matter.
It's insanely broken and dangerous. If money was gravity they'd be black holes, disrupting everything in the galaxy. Someday we'll all be gone, and all that's left will be one self-important machine counting all the money in the world until its circuits burn out. The heat death of capitalism.
“Middle class” isn’t a thing. There’s the working class and the ruling class.
All I got was a beer
How do you raise a child “middle class in this house:
Bill Gates designed and owns a 66,000-square-foot (6,100 m2) mansion that is on Lake Washington in Medina, Washington.In 2009, property taxes were reported to be US$1.063 million on a total assessed value of US$147.5 million.
The house features an estate-wide server system, a 60-foot (18 m) swimming pool with an underwater music system, a 2,500-square-foot (230 m2) gym, and a 1,000-square-foot (93 m2) dining room. There are six kitchens and 24 bathrooms, ten of which contain bathtubs.
Why TF would you put in a pool that is 7 m shorter than Olympic sized? There's a reason they are 25 m. It makes it much easier to determine your daily workout.
Olympic-sized is 50 meters, but your point stands.
Bill Gates is rich enough to have other people work out for him.
To be fair, out of all the billionaires they at least have made attempts to not make their kids shiteheads which is in stark contrast to most billionaires. At one point in time at least, they were only leaving $10m to each child, with plans to donate everything else.
Is that enough to live better than 99.99% of us? Absolutely. But it's also not: I can do whatever I want and buy whatever I want and never have to think about money again.
this is not how generational wealth work.
lets say you are 17. having a party in the house with 100k cash in your bank account. you hear dad talk about a big merger "this company will be this company and the stock will go up" you put 50k on that and now you have 300k or something.
I sat with a few upper class once, if I have cache on hand I will be millionaire by now, it doesn't take much to get rich when you hang out with rich people....
That’s all she’s saying. They raised the kids with limits. That’s what she should have said. They obviously weren’t raised “middle class” or anything like it.
Lol "middle class"... Does anyone know a middle class family? I just see people with money, and people who don't have enough. That's the real world... Maybe long ago there was a middle class?
Melinda fucking Gates doesn't know what "middle class" means, big shocker there…
The problem is that the working poor and the billionaires all think they are middle class. Because poor is for non-whites.
Middle finger class.
To be fair, by the time you graduate from college, you've already been raised.
and gates has to reinvent his image with his "charity work" he still a ruthless businessman, and countries complained about his vaccine requirements as well.
Well, okay, if that's upper class then what size ranches do middle class people buy for their kids' graduation?
You crazy LEGO is crazy expensive!
Never forget that Bill's mom was on the board of directors at IBM and pushed for the company to use her boy's software startup in the very beginning. Microsoft was built entirely on this nepotism and monopoly. There is nothing remotely middle class about that story.
She wasn’t on the board of directors of IBM, she was on another board which the CEO of IBM was also on.
It’s a distinction without a difference, but still.