this post was submitted on 12 Apr 2024
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These days, I don't bat an eye at a seven figure or even low-mid eight figure millionaire. That level of wealth is attainable through individual means (hard work, saving, diligent investing, etc) and probably a significant amount of luck. It's once you start getting into the mid to upper 8-9 figure and then billionaires where there is no way they achieved that wealth without exploitation and all the other accompanying things these people perpetrate.
Low 8 figures is my in laws. They are both doctors and busted their butts throughout their career. They could have done better had they invested better, but they still have obviously done well for themselves.