For example, if a wealthy person only wants to socialize with and date other very wealthy people, how would they know? Like, for example, what if LeBron James or Tyler Perry only wanted to be friends with other wealthy people and wanted their kids to only date and marry people from other wealthy families? How would they know the people they meet also come from multi-millionaire families? I’m sure if a random billionaire met someone at a club or social event, they wouldn’t introduce themselves by saying, “I’m X, Y, and Z, and I’m worth this much money.” What if a son of a multi-millionaire wanted to date a woman who came from a wealthy family? Also, if he meets a woman, how would he know if she comes from money or not? Like I said, she wouldn’t say, “I come from generation wealth” right off the bat.
I don’t think this answer truly internalizes how some of the ultra rich live. Yes, many are living a normal looking life, going to their jobs and doing a lot of the same activities that the upper middle class do. They generally eat at the same restaurants, have the same hobbies, and enjoy the same television shows that the rest of the middle class does. Often they go to the same live events (sports, concerts, plays, stand up comedy) that middle class people do, and often don’t bother with luxury boxes or things like that. They’re members at the same gyms, and might plot out the same run trails as normal people.
It’s just that they tend to fly private instead of commercial, stay at very nice luxury hotels unique to that particular location rather than the chains you’ve heard of. They have multiple homes. They’re members of clubs that require a lot more money to keep up in. They have lots of paid staff, both seen and unseen, smoothing over their day to day lives, washing dishes and laundry, maintaining houses and cars and landscaping, making reservations and doing paperwork on their behalf, etc.
The form of stealth wealth isn’t that they’re all among us doing normal things, with no obvious indicators of wealth. It’s that they often aren’t even around us to begin with. So the sheer amount of time that they’re around non-rich people, and actively interacting with non-rich people, may be a tiny portion of their time. Even if they do a lot of the same stuff we do, and go to a lot of the same places we do. They do it in ways that don’t necessarily interact with us directly.
That’s a fair take, vacations are for sure a place where the rich splurge, but at those status type hotels you will also find a lot of not rich but affluent folks as well so it’s harder to be sure just because you’re there that you’re interacting with a truly wealthy person.
Kinda depends on the price of the place, right? A $500/night hotel might have a few upper middle class folks on a splurge (a honeymoon, some kind of points-based play on their credit card, etc.). A $2000/night place filters out the merely rich and leaves only the ultra rich. And a $10,000/night place isn’t even accessible as a bucket list item for even the 1% but not 0.1% types.
If you’re hanging out at the pool or some kind of lounge reserved for hotel guests at a place like that, you’re gonna have a pretty high probability of running into money.
I have stayed at my share of 2k+ hotels and I can promise you not everyone at these is rich. It filters yes, but there are definitely aspiring people who aren’t good with their money there too.