Her celeb status definitely came about because of the fact that she is who she is (i.e. the Hilton heiress)...do you think her reality show (or sex tape) would have been so popular if she wasn't wealthy?? I highly doubt it. That was my point...sure, she had to do something more than just...
Yeah, I was gonna say: Owning $100,000 worth of HT equipment and even $100,000 worth of DVD's, is not the same as owning $200,000 worth of gold (or other riches). ;)
I see how you guys are comparing wealth amongst other people. In that respect, it really is all relative and what may be considered wealthy to you, may not be considered wealthy overall. But I think wealth can be (somewhat) determined on a larger scale. I think it's fair to say that no matter...
That kind of depends on what you mean by "had enough money to live" means. If someone lives in a $150k home, has $20,000 in the bank and can live on $1,000/year....then I say "No", he is not "Wealthy". I wouldn't even say he is "Well Off".
Yes, your debt has a large part in it all. You can't claim to technically own stuff if you are in a ton of debt in order to pay it off. That's not the definition of 'wealthy'. The definition is being able to afford to buy those possessions and have a lot of them.
Yes, exactly. My definition...
While I agree that salary isn't always the determination of wealth, I disagree with the definitions people are giving the term "Wealthy". Joe, just because someone has $300 in Ethiopia, they might be considered to have a lot of money, but that doesn't mean they are "wealthy". Wealthy means...