"In a recent survey by Chicago-based Spectrem Group, 25% of affluent folks said it takes $25 million to be rich, and another 8% said $100 million. Those two groups combined weren't all that much smaller than the 45% who cited $5 million."
The $1 million rule certainly doesn't apply anymore. I'm curious how most of the people on the board feel about the $25 million threshold.
Though since most of us are concerned with LBYM, I doubt we'd need $25 mil.
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