If someone has $25 million dollars net worth are they rich or well off?

[Anonymous]

[Oliverlogan263]

Man, having a $25 million net worth? That's insane rich in my books. Like even if that's not Beyonce or Bezos level cash, that's still an insane amount of dough.

Most people I know are just trying to scrape by paycheck to paycheck. My parents wanna retire comfortably someday and that's their biggest goal. But $25 mil? You could quit any job, buy a freaking mansion, travel the world first class, and still have money left over for your grandkids.

I'd say once you hit like $5 million or above you're safely in "rich" territory compared to most normal folks. At $25 mil you must be rolling in it. Like even just living off the interest from investing that much money would generate so much passive income.

I can't even imagine having millions just sitting in the bank or investments. That's like winning the lotto on steroids. I'd say for sure with that big of a net worth, they're hella rich in my books! Like actually rich, not just "well-off". Daaaaamn!

[ArrowheadSW]

Yes it is rich! You would get $1 million a year just off of interest at today's CD rates.

[DeeDeeDeVour]

The mortgage of our current residence is far larger than $25M.

After only 4 years, we recently paid off that mortgage.

Honestly, $25M doesn't seem like much.

I consider $25M net worth "upper middle class" yet far from "rich".

[AviatorTom]

You are rich, sweetheart. Most people never see anything near $1 million net worth.

[AviatorTom]

That would be rich. Most people never see anything near $1 million net worth.

[slatyb]

They are rich -- they have enough money to retire and spend about $1 million per year forever.

[dreamstar72]

Not middle class if that helps, but in 50 years from now it will be.

[Anonymous]

I would say rich STARTS at 1.2 million (of course everything is subject to your location this is just an avg.).

So yes I'd say 25million is rich.

[Anonymous]

Upper middle class

Truly rich or living on just passive income and that takes about 50million these days

[equinoxmist]

No it doesn't. Even at a 5% return you could live off the interest alone!

[Opinion Owner]

In the real world you'll be lucky to see 1% after taxes at the scale

[iFarted]

With 25m one wouldn't have to work the rest of their life. That to me is financially rich.

[Avicenna]

Rich, even in Singapore, Dubai or Monaco

[Anonymous]

Borderline rich.

[Astarlessnightsky]

rich

[exitseven]

they are rich.

[RedInnocent68]

Really? 🤔🙄

[Anonymous]

Gee, I wonder. 🙄