If you were extremely wealthy (hundreds of millions or over a billion), you wouldn’t be famous; you would just be a very wealthy person (lottery, business, investing, high-income job, whatever). Would your extended family know you are wealthy, or would you be very vague around them and not flash your wealth?
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Vague. The lower profile the better. Ideally, nobody except my lawyer, accountant, and fiduciary will know just how wealthy I am. Instead of having a driver haul me around in a tricked out SUV, I’ll drive a 10 year old Toyota sedan. Ideally, nobody would know I was rich until I died and my lawyer and executor started putting my estate through probate court. “What do you mean Uncle X had $400M in the bank? Why did he never say anything?”
Because I don’t want to deal with grifters and scammers and con artists and gold diggers and the like.
I would follow this advice to the letter.
I’d keep the same apartment, the same car (although I’d get the paint fixed), and then I’d bounce between working the job I have now, sentimental sack that I am, travelling, and starting dinky little businesses that barely scrape by. Also I’d probably buy a lot of property out of spite.
Nobody, ideally, would ever know that I was stupid rich. My story is that my aunt died and left me just enough money to to back to school and that I “do okay for myself.” If I ever outed myself it would probably be by getting on the board of the company I work for just to fuck with my boss.
I wouldn’t even mention it to my immediate family. But then, I don’t like my family, and speak to them very little, so my n=1 is probably not representitive
Yes, but only because I wouldn’t be extremely wealthy for long. Hand me a hundred million? I’ll keep three million and give the rest away. I’ll keep enough to have a middle class lifestyle without needing to work. But I have no need beyond that. The rest is more trouble than it’s worth. I’ll give the rest away; mostly to charity, a good chunk to family. I’ll be upfront and honest with them, telling them that I’m giving away 95%+ of what I received. If a family member later coms begging for money, I’ll point out that I already paid off their mortgage and student loans, and that I only kept enough to enjoy a normal retirement myself.
