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Praetorian
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So you want to be filthy rich 05 Aug 2007, 02:00
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In Silicon Valley, Millionaires Who Don’t Feel Rich

https://www.nytimes.com/2007/08/05/techn ... 5rich.html?

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Mr. Steger, 51, a self-described geek, has banked more than $2 million. The $1.3 million house he and his wife own on a bluff overlooking the Pacific Ocean is paid off. The couple’s net worth of roughly $3.5 million places them in the top 2 percent of families in the United States.

Yet each day Mr. Steger continues to toil in what a colleague calls “the Silicon Valley salt mines,” working as a marketing executive for a technology start-up company, still striving for his big strike. Most mornings, he can be found at his desk by 7. He typically works 12 hours a day and logs an extra 10 hours over the weekend.
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Making Do, With $10 Million

https://www.nytimes.com/2007/08/05/techn ... y-web.html?


Living Modestly Despite a Nice Nest Egg

https://www.nytimes.com/2007/08/05/techn ... n-web.html?


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Mr. Wilson, an engineer with a master’s degree from Stanford University, rents rather than owns. And in the land of BMWs and Lamborghinis, he drives a 2002 Nissan Sentra.

Mr. Wilson is that rare Silicon Valley multimillionaire determined to live on a fixed budget rather than pursue a more expensive lifestyle simply because he can afford it.

“I definitely have enough,” Mr. Wilson said. “I’m not stressed out about never earning an income ever again.”

He seems to derive a kind of Zen pleasure through living modestly. He takes books out of his local public library rather than buying them at a store. He rents a one-bedroom apartment in Palo Alto, Calif., although he can afford a larger place.
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bsd_lover
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So you want to be filthy rich 05 Aug 2007, 07:11
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Aye, certainly food for thought Praetorian. Money and wealth are certainly a state of mind, relative to one's peers. Extra incomes simply cause extra expenses, there is no end to it.
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aaudetat
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So you want to be filthy rich 05 Aug 2007, 16:56
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I didn't read the articles, but some research has shown that basically everyone says they would be financially satisfied if they made twice what they make now. And I mean EVERYONE says this - the guy making $6 an hour, the guy making $60k a year and on up.
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GMATT73
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So you want to be filthy rich 07 Aug 2007, 16:00
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Read the same article in the Herald Tribune on the flight over. Fact is, a million really isn't even close to enough to call it quits, especially when you live in the same neiborhood(s) as these guys.