What does the wealthiest person you know do for work? , What does the wealthiest person you know do for work? , https://www.reddit.com/r/AskReddit/comments/178vbrq/what_does_the_wealthiest_person_you_know_do_for/ , https://reddit.com/r/AskReddit/comments/178vbrq/what_does_the_wealthiest_person_you_know_do_for/ , 1697422297 , , 178vbrq , self.AskReddit , 9051 , h3llofaRide , , , , , , , h3llofaRide , 2023-10-16 02:11:37 , no , , Prompt, #wealthiest #person #work, #wealthiest #person #work, 1731564066, what-does-the-wealthiest-person-you-know-do-for-work
What does the wealthiest person you know do for work?
A family friend retired after being a COBOL programmer for 30 years. About 2 years after his retirement, a company came to him and said “Name your salary” and he requested around $1.5 million/year. He was hired on the spot and still works there.
The wealthiest person I know (and hang out with regularly) built a company (IT services) and then sold it for several hundred million dollars.
He now runs a company that does the same kind of IT services in a different field. (He figured out a winning business formula and is just repeating it in a different market.)
Pig farmer. I kid you not. He’s my father’s old friend. I visited him once when my father and I were passing through the state. He lives in a modest classic farmhouse with his wife, both in their seventies. I mentioned I was starting a school in West Africa as we were catching up. A few weeks later I got a text asking how much it would cost. I told him 40k, thinking it was really nice of him if he wanted to send a few dollars.
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I got a check for 40k. I thought it would take me years to raise that. I’m typing this from Sierra Leone because he also paid for the house I thought would take years to raise funds for.
It’s a guy I work with. He started with one Jimmy John’s franchise and turned it into 10 franchises. Ran them for 10 years then sold them all and dumped the money into the stock market and real estate. He did this all while working as an airline pilot, currently still working at the airline. This dude owns and flies his own private jet on top of all that.
Inherited small factory from his father. Developed it to huge nationwide company. Still goes to work there everyday despite being worth hundreds of millions.
my friend sold runescape gold. He made a fortune.
Own their own conveyor belt business. Makes almost 2 mil a year after it’s all said and done.
I know the owners of the four seasons hotel chain and the owner of Canada Goose.
Both in tech. Friend is in a company about to IPO and is VP level so will do well there. Her husband just sold his company (gaming company) to the biggest gaming company in China for, as she put it “life changing money”. Both very intelligent, super nice, crazy hard working. They worked for it , and it couldn’t happen to nicer people.
They inherited a huge corporation. They just don’t have to eff it up.
Edit: the grandson of the founder currently runs it, he has a sister and a brother as well, they own ten auto dealerships and other things like a winery. The grandson told me in a meeting once that he knows he’d be working in a bank or as an accountant or something if he wasn’t born into the family.
Truck driver. Starting his own trucking company.
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CFO of a large public company. He works 80 hour weeks. Fuck that.
I work for a lady who inherited ~100 mil.
She just buys real estate and sets them up as rentals, I just do general maintenance on them (I also rent from her)
She lives like she’s on a pension and pays me in magic beans half the time.
A true embodiment of money does not buy happiness.
I have tried many times to push her to go enjoy being so wealthy, but she lives with the mindset that because she does not have a partner, why bother buying a villa in Tuscany or jump on a flight to Bora Bora just to enjoy the beach and a nice seafood banquet.
So she tends to sit on her couch and drink wine with the tv on in the background.
I got a shock one day when she emptied a pillowslip of Krugerands onto her kitchen bench, as it turns out she has somewhere in the range of 2.5mil in Krugers, Maples and Sovereigns just sitting in pillowslips in her walk-in wardrobe.
My buddy owns a cybersecurity and general tech firm here in town. (Small town, hardly any competition.) He’s a badass marketer so he has contracts with the state’s NFL team and the largest Porsche dealer in the Southeast.
He also owns a salvage yard, oddly enough.
He balls and he’s so fkn cool. His employees all get a track day once a year and box seats to the biggest games. He’s also generous with in-town initiatives, like toy drives and tech donations to public schools in the ghetto and the town’s “sped” school.
Additionally, he invites the community out to free meals he hosts in his office space (which is gorgeous). He hires pizza and hotdog carts and lets people walk up and get a plate! For his buddies, he turns the office-space (which has a friggin’ basketball court in it) into movie-viewing // MMA fightnight watchspots. There’s a theatre in there. He charges NOTHING … has stuff catered in and has a full bar … wants nothing in return but for everyone to have a good time and get home safe.
He’s a fantastic father to his teenaged daughter, too. The way she adores him, dotes on him, picks lint off his suit, fixes his hair. He’s been so gentle with her all her life and she’s growing up to be just as gentle as cool as her Dad.
(Damn. I just wrote a love letter lol. But naw: I just admire someone who GENUINELY cares about people and doesn’t let money go to his head. He’s fkn awesome.)
Tim
Tim was my uber ride. Tim is retired at 53.
Tim paid for his daughters college, and graduate degree. Tim has two houses. Tim *doesnt* drive. And thinks the 50/60 extra dollars on top of my fare is fair price.
I took Tim to the Casino. Tim tipped me 100$.
*Tim refused to tell me what he did for work*
Edit: wow thats a lot of comments.
More info: he said his current tax bracket is 25% income(96k to 190k), IM the driver, not him lol.
I was basing everything he said as to guage how wealthy he was, I never asked what he did for work bc with that much money, you dont just tell ppl secrets and it seemed rude at the time. He was pretty open about telling me about himself.
I picked him up from a bank where he works as a teller. He does it to keep himself busy.
What ever he wants, he was an NFL quarterback though; so he doesn’t have to do jack shit these days.
Found a diamond mine in the NWT.
I’m just too jealous to read any more.
Be seeing you all later.
They own a large construction company, based in rural NZ. Employ heaps of people, are very generous to their home town, humble too
One of the first 100 employees of Microsoft.
I was friends with a guy from a rich family; they lived on a lake with a private dock, multi-million dollar home. Microsoft guy was their neighbor.
They used to have these game nights where we’d all get together, have cocktails and play pretty silly games – cards against humanity, pictionary, that kind of thing. I was really, really good at these games, and it impressed Microsoft guy. He wrote me a *glowing* letter of recommendation praising my intelligence because of this.
It helped me, an immigrant, land an engineering job at a huge aerospace company.
I’ve worked on multiple satellites that are currently in orbit, and I’ve touched stuff that’s on the surface of Mars now – hell, I was able to buy a house before i turned 30 – all because this man thought i was clever and witty, and wanted to help me out.
Needless to say, the imposter syndrome I feel every day is unbelievable.
Live off of generational money, doesn’t work at all.
I was a fly fishing guide for many years, and one of my regular clients year after year owned a factory on the east coast that is one of the top suppliers of O-rings and small plastic machine parts in the world. I never asked how much they made obviously out of respect. But they always tipped absurd amounts ($1500 was my biggest tip for 3 days) they flew private, and drank & shared $600 bottles of wine like they were nothing.
The first is a self-made multimillionaire who’s owned his own concrete finishing business since he was about 19.
The second is a self-made millionaire who became a very successful accountant who was continually promoted at work, & he consistently bought stock & real estate from a young age.
The last person is a millionaire who will inherit family money, & she’s a high-end real estate agent.
Friend got lucky with TSLA. Invested early and retired at 35 a multi millionaire.
Now owns a bar in San Diego to stay busy.
Well this was a depressing read. I’ll be lucky if I ever break 75k a year before I die.
I met this guy at one of the literature events in Moscow in 2015. He promoted himself as a poet, but when we started talking more he said that he is the owner of a London-based risk management consulting company. I checked it was true. We were friends for several years, travelling with our families together and other stuff. He lived a really rich life. And periodically in his conversations, there were words about his personal acquaintance with members of the British royal family, as well as with the top leadership of Russia. At the end of the year 2021, he was depressed, saying that hard times coming etc. In Jan. 2022 he moved from Moscow to his suburban mansion. And a few weeks after Russia committed full-scale war on Ukraine I got to know that he had died in strange circumstances from a stomach haemorrhage.
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How owns a few Taco Bell’s and lives on a hill we call Taco Hill. His wife has big tits now.
My ex father in law.
Used to own a huge factory that made Nike and Adidas shoes in the 80s and early 90s. (That’s right sneakerheads. Big sneaker companies don’t actually make any of these shoes. Sure, they design them but they outsource them to an OEM manufacturing plant/company in Asia)
Pivoted to real estate investments/developments (imagine having the $$$ to buy real estate and land at 80s and 90s prices.) and is now worth $150 mil +.
Complete hypocrite and a sociopath though. Treated service workers like slaves (rude af) and was a generally unpleasant person to be around. Sure he’s rich but he sure seemed unhappy all the time
My Uncle’s grandfather (Uncle by marriage) founded one of the largest GIS companies in the state.
Sweet sweet government and Fortune 500 contracts.
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Business. Doesn’t know how to speak, didn’t study, had tons of generational wealth, making more wealth from wealth.
They own a food manufacturing company since the 80’s.
She’s a doctor, an immunologist and a damn good one! She’s been involved with the WHO, CDC, EMA and other three letter agencies. Has published papers and does community outreach with a foundation for immunocompromised kids or kids with deadly allergies.
She doesn’t really need to work, her family is super rich, between a rancher, an oil industry consultant and a local politician as brothers she’s comfortably off but she’s passionate about this and actually nuked her personal life and family for it
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The wealthiest person I know doesn’t work. He’s retired and inherited most of his wealth
Neither of them do anything for work, really. Their dads started extremely successful private equity firms; their families are easily hundreds of millions level. They both randomly start vanity companies/projects while actually spending most of their time on traveling and yoga retreats. They’re both extremely smart and very kind people who care deeply about their favorite causes.
If you go to a top business school, you’ll meet tons of people like this. Funny enough, none of the extremely wealthy students I befriended ever offered to help any of us non rich students with anything. If I texted our class whatsapp group asking for a place to crash in NY, the people who volunteered to help had small studios. The ones who I know had $60M+ places in Manhattan never offered anything. Super rich people are truly strange.
Edited to add- bc there seems to be some confusion, I texted my class whatsapp group- a group of people I knew extremely well. Not a bunch of randos.
My Dad, he does a bunch of random things. He retired from the Navy and uses his retirement pay to invest in real estate. He became a photographer after retiring and did really well for himself. Now he has contracts with a load of schools and sells off temporary subcontracts to budding photographers for schools he doesn’t have the time to work with. He flips cars in his spare time, but right now his day job is high school business teacher.