1/ A Redditor who runs in high net worth circles writes on the "gradations of rich".

He explains in minute detail the difference between being worth $10m+ and $1B+.

It' a doozy

2/ As background: the Redditor says while he's not super rich himself, he counts 8 billionaires as close friends.

He says there are 4 major breaking points of "rich:

$10m-$30m
$30m-$100m
$100m-$1B
$1B+

3/ At $10m to $30m

Needs met
Fly 1st class
Very nice house
Live 4/5 star life anywhere
You can surive a financial disaster
At lower end, you still have to be "prudent"
Business stress remains (never goes away)
Banks don't classify you as ultra high net worth

4/ At $30m to #100m

5/ At $100m to $1B

6/ At $1B+

This section is longer but he goes through things you can buy at this level:

Access
Influence
Time
Experiences
Impact
Respect

7/ Here are the Redditors closing thoughts.

8/ If you like discovering gold from Reddit, def follow @TrungTPhan.

If you want to @ me, just send all complaints to the original post: https://www.reddit.com/r/AskReddit/comments/2s9u0s/what_do_insanely_wealthy_people_buy_that_ordinary/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

9/ FYI: If you’re new to the Trung experience, heres a collection of my smartest threads and dumbest memes https://twitter.com/TrungTPhan/status/1388861558529302532

10/ Wow, this Reddit thread taking off.

Here are some of my own personal stories from meeting billionaires: https://twitter.com/trungtphan/status/1380902135752126475

11/ This is interesting, too https://twitter.com/nevmed/status/1389615721186013185?s=20

12/ Lastly, check out the “Not Investment Advice” podcast as we’ll discuss this absurdity next ep

13/ To give a 360 view: pulled a bunch of quotes from Reddit and Quora threads on the "downside of being wealthy":