Any Ultra High Net Worth Individual (UHNWI) here? What do you do?

[Amethyst]

I never heard it called "slum-shopping." Sounds a little demeaning Always called it "thrifting." It's how I furnished my first apartment - that, and a lady who moved back with her parents after her husband left her, gave me some of her furniture.

I still find odds and ends at thrift stores, although the good stuff does not last long these days. My friend who lost 100 pounds, bought clothes at thrift stores while the weight was coming off. Amazing what pretty things she found.

Quote:

Originally Posted by Sunset Interesting, as I've certainly noticed pre-covid, that I really enjoyed what I call slum-shopping. It's where I shop at places that cater to largely minimum wage workers. When I slum-shop it's freeing as I can buy as much as I want and don't need to worry about the cost.

[Gumby]

When the young wife and I first married, we got all of our household furnishings by "curb shopping" the stuff people put out for pickup on big trash day. We still enjoy going to Goodwill regularly.

[Time2]

I think this planner is looking for those UHNWIs. Just one minute, and you will see why.
https://youtu.be/PDQX5OFaXNo?t=123

[kimcdougc]

I will never be in that club, but I did grow up with Truett Cathy's kids. (He is/was the owner and creator of Chick fil a. His net worth was about 350 million many years ago. You could never know a more humble man. He never flaunted his money. He still lived in his 2000 square foot house in Hampton Ga. till the day he died. I remember when I was a teenager and we needed things at the church. They would just show up. No fanfare.


He also use to go around and build children's homes for kids that weren't adopted. He was always doing good for the community without anyone even knowing he was doing anything. A very good example of how we should all be.



He passed a couple of years ago. His adult children are all as humble as he was.



I sure do miss that man.

[foxfirev5]

Quote:

Originally Posted by kimcdougc I will never be in that club, but I did grow up with Truett Cathy's kids. (He is/was the owner and creator of Chick fil a. His net worth was about 350 million many years ago. You could never know a more humble man. He never flaunted his money. He still lived in his 2000 square foot house in Hampton Ga. till the day he died. I remember when I was a teenager and we needed things at the church. They would just show up. No fanfare. He also use to go around and build children's homes for kids that weren't adopted. He was always doing good for the community without anyone even knowing he was doing anything. A very good example of how we should all be. He passed a couple of years ago. His adult children are all as humble as he was. I sure do miss that man.

Nice perspective.

[RunningBum]

Quote:

Originally Posted by kimcdougc He was always doing good for the community without anyone even knowing he was doing anything. A very good example of how we should all be.

Not all types of communities.

[eytonxav]

There are a lot of these folks in my area. Most are people I would not like to socialize with, however, I have a friend who owns a number of well known department stores located in several states. He is very down to earth and you would never know he is extremely wealthy.