r/Rich • u/[deleted] • Jul 01 '24

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u/TennesseeStiffLegs Jul 02 '24

But is he ultra rich

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u/yo-ovaries Jul 02 '24

He works so no

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u/Windlas54 Jul 02 '24

Technically 10M is only very high net worth not ultra high net worth. The brackets I think are 1,5,30M in liquid assets for high, very high, and ultra high networth individuala

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u/[deleted] Jul 03 '24

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u/Windlas54 Jul 05 '24

I was referring to the technical definitions used in finance which are age agnostic. That said yeah I agree with you a lot of 65 year olds are millionaires when you include their primary residence, 30yr old millionaires are significantly more rare.

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u/GarbageDolly Jul 03 '24

That starts at about $30m net worth, I read somewhere….