Trending Content - Off Topic Forum
| +40 | SpaceX IPO - what are your thoughts | 9 | 5m |
| +28 | Should I use Claude or chatgpt? | 15 | 6h |
| +21 | Funny Things to Say to Interns | 7 | 9h |
| +17 | How did you meet your significant other/partner? | 13 | 22h |
| +17 | London's future as a financial centre | 18 | 1d |
| The Great Debate | 9 | 10h | |
| +7 | E ink/electronic notepads | 4 | 23h |
| +6 | Stay Sharp All Day With Best Modvigil 200 MG Tablet | 0 | 19h |
| +6 | Test post will be deleted automatically. | 11 | 1d |
| +5 | get a model before you model | 3 | 2d |
Career Resources
Dated a girl with FU Money (8 figures), but she didn't spend heavily and insisted I still pay for dinners. She wanted to get married, I wasn't that into her.
Interesting. Im guessing she inherited it? Thats funny because they say usually when people inherit money, or don't earn it, they are more free spending. I'm sure that girl also probably watched some Tik Toks though about how men still have to pay.
Yeah her and her brother inherited it. I met her brother and he was spending cash as much as possible. He had 3 cars - a Ferrari, G Wagon, BMW 7 Series - and a huge mansion. He bought his wife a $250K diamond ring and she said over dinner one night that if she knew how much cash he had at the time, she would have demanded a bigger ring. She blew tons of his money on shopping and clothes.
One of those your money is my money and my money is my money type of women.
I went to grad school with a couple, including a guy who owned his own yacht & his own plane (which he piloted) and a guy who was the grandson of an NFL owner. Kind of funny seeing a dude fly a plane to a class trip that's only a 45 minute drive away, but there's not all that much to witness really. They're still people - just rich.
.
Imagine paying Beyoncé $10m to show up and NOT perform. And this is the same party that thinks they should have unilateral control over the country's budget lol
Earned $1.2 Billion, blew it all, and ended up $20 Million in the red; all while losing every swing state, the popular vote, senate, and house to a guy who bankrupted three casinos. Joy!!!
CRE incoming
Rent free, pussy
I have a friend whose girlfriend cheated on him. He knew she stole money from her job. He bought the restaurant where she was a hostess, fired her, and has followed up w/ every place she's gotten a job afterward telling them she stole from her previous job and she's been fired each time within a month. He's no billionaire but I'd say that's a pretty F U money move.
Yeah, she learned not to piss someone off that has the money to make your life miserable for fun.
Definition of FU money lol, that’s nuts
Had an ex whose parents were hundred millionaires. The parents were middle class basically their whole lives until the father sold his business when my ex was like, 10 or so. With that in mind they were still very down to earth and lived fairly conservatively; had a mansion in both the US and the country where I'm from (and met her in), both parents had fancy cars + day drives + additional cars in my country + new cars for both their kids, travelled business class everywhere, ate out at restaurants more nights than not (and tipped super well - the waiters in restaurants in my country they were regulars at LOVED them because tipping isn't the norm and they'd give like 30-40% on an already expensive meal).
Other than that though, I always felt like they didn't know how to enjoy their money. They were always stressed out - I remember the dad once being upset because it was 2pm on like a Tuesday and he hadn't gotten any of his chores done (like washing the car etc)...like bro you don't even have a job, you can do this menial shit whenever you want or even pay someone else to do it if it's such a burden. Or for example, we were getting sushi and he told me that he wanted to go to Japan, and I was literally like "You have no job, all the money in the world, why don't you just go?". And he just had some excuse.
He ended up going back to work sitting on the boards of companies and direct investing in random businesses he liked; restaurant chains, a hotel, etc. I guess he enjoyed having something to do idk.
Yea, I feel this is one of those things were people can't shift their mindset from working hard/save to chill and spend. I'm assuming when he sold his business at was at least mid 30s or close to 40, hard to switch up after you've lived a certain way. I think that's the same think as too when people are in their 60s and get health issues and have to give up a certain lifestyle, it's hard to just give up something you enjoy doing or have lived a certain way.
On the other hand, sometimes people can't just give up everything because it takes away purpose. I think that's a lot of the issue between rich and poor people, rich don't really understand what it's like not to have a safety net and how it more mentally draining than anything.
All my friends with a 9 fig and high 8 fig NW are more or less self made and don't spend on anything too crazy. They do routinely pay for the whole dinner etc when we hang out.
The number one thing I appreciate is their willingness to spend time with me. I've learned a lot from them.
Genuine question, where, and how do you make friends like these?
I've been in one specific industry for ~10 years now (I'm old!) and have had a few decent size businesses. I met them through industry events, doing podcasts, etc.
If you work in high net worth industries (private equity, real estate, tech, etc.) and/or live in wealthy areas, it will shock you how often you interact with people with incredible wealth.
I've known a few guys that would tell you F U real quick, they weren't taking any shit if they felt disrespected, their net worth was nothing to brag about, and they were more happy and content than some rich people - especially living outside of the U.S. It's all relative.
Depends what you define as F.U. money. I define it as $15-20M+.
Most multimillionaires are subtle and its not that obvious. Have a few family friends and a few relatives in that realm of wealth.
Know a few people from billionaire families and to me, it was very clear they came from 'a lot of money' within minutes of meeting them. Something about how they carried themselves made it very obvious to me.
all of my clients have FU money
none of them spend money like that
Family member of mine, ex MF senior partner. Had probably $150M worth of homes across the US. After leaving one of those firms he started his own firm raising about $6B in 12 months but unfortunately passed away 6 months later. if you dig in you’d probably know who he was. His funeral memorial probably had over a $1B+ in combined net worth across the entire room encompassing ex presidents, and nominees. Still sad to this day, nothing he did was lucky. The world lost someone who was nothing short of exceptional, but also someone who was a great all around person.
Similarly to others in this thread, real FU money in my experience is almost always thoughtful and subtle. None of them would spend tens or hundreds of thousands without "batting an eye" but that amount is inconsequential to them in the grand scheme.
Subtle stuff is still inherently noticeable though. Flying to tier-1 cities and calling in to meetings from luxe suites in the high-end hotels. Casual mention that "I'm in my Maui/Aspen/Miami/Tahoe/etc. place this week". Mediterranean yacht trips (on their "boat") that they describe as a remote/off-site working session. Wearing the same perfect-fitting, semi-casual to business-casual outfits with no discernable branding. >$20k Trek/Canyon road bikes. "Summer" as a verb. Always paying for team dinners, and insisting on taking us to their "spot" which is almost always equal parts subtle and bougie - for example, one once ordered "never-ending" caviar in a swanky Miami hotel for a >10 person table (never-ending = "keep bringing it until I say to stop").
The least subtle examples I can think of are loud, but they don't flex on them. Stuff like buying a neighboring property in a very luxe jurisdiction (think waterfront vacation home type places) to knock the house down and turn it into outdoor space. Owning a winery outright, or having a personal a distillery line at a whiskey maker and distributing bottles to the team at regular intervals. Buying an apartment in a city temporarily and later selling it seemingly without second thought. Personal investment ventures for hobbies - buying a stake in a small resort today, simply because they loved staying there 20 years ago, as a recent example.
FU money in my network never brags or flashes wealth, even on these un-subtle things. They're casual and low-key about it. They are almost always more down to earth and friendly than you would expect. They typically love to host - at their personal property or at their "spot", whether that's restaurants or hotels or whatever else. They also typically "do what they want" though, and you better not get in the way of that without good reason.
Well said.
I think its a lot of, people see more crazy spending on TV/Movies or hear about the one time some MD threw $10K at someone at a Vegas pool party. What they don't hear is the truly wealthy people who don't spend like that.
To your point above, not to brag but I work for a billionaire, and your description is spot on. He doesn't live in NYC, but when he comes into town his day to is pretty mundane, he gets pizza at the same spot for lunch most people do; but he also has his own yacht and plane. So, if I had to equate it to sports, FU money is like being a stud QB, sure a lot of people can hand off the ball or throw a 3 yard route to the flat, but sometimes you need the 60 yard throw down field, and only a couple of people can do that. To bring it back, it's like on this forum, people debate Cole Haan vs Allen Edmonds for example, yea that's a thing I guess, but the real ballers are yacht money.
I know people with real fuck you money and they drive a RAV4
Iusto tempore sapiente laborum laudantium. Voluptates nihil consequatur doloremque. Doloremque saepe a qui nam ratione unde.
Reiciendis saepe exercitationem velit laboriosam accusamus. Quo velit reprehenderit nesciunt enim et quos corporis. Velit aut voluptatem distinctio veniam pariatur in. Aut quia repudiandae voluptatem labore consequatur eum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Tempora rerum eveniet molestiae atque voluptas. Magnam et iusto rerum voluptates voluptate dolor earum. Sunt et optio delectus magni. Aut quis beatae sunt nam qui.
Et doloribus odio officiis dolores. At quis aut consequatur neque. Consequatur ut eos commodi accusamus quae. Veniam quibusdam voluptate qui soluta et. Dolorem mollitia est molestiae recusandae. Quam mollitia explicabo consequatur.