My cousin, through work, has access to the search history of a Fortune 500 CEO and noticed it was full of exactly what you’d expect: searching a liquor store site for their most expensive wines, private jet bookings to small private islands, that sort of thing. Yeah, yeah, we all knew that! I’m not talking about luxury experiences and displays of power.

But what are the strange parts that regular people wouldn’t guess?

For example, someone on reddit recently posted that their job is to duplicate a wealthy person’s home items across multiple cities. Clone their house meticulously so their boss just travels with a phone. It’s pragmatic but egregious.

  • early_riser@lemmy.world
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    23 hours ago

    Months ago I ran across an interesting trick for quantifying the purchasing power of a wealthy person vs an average person, by scaling down their net worth (or salary IDK I’m not a money-ologist) then compare the thought process you’d undertake when purchasing an item of equivalent value.

    So to get in the mind of a billionaire, lets say you have a net worth of $60K, so divide 60,000/1,000,000,000 to get 0.00006. Now how much does a jet cost, let’s say 1.5 million, just pulling a number out of thin air. Scale that down using the 0.00006 multiplier we get just $90. So a billionaire puts about as much thought into buying a jet as you might purchasing an OK pair of shoes or a water flosser. Not quite trivial but also not something you’re likely to mull over for weeks.

    But let’s reverse that. What’s something you wouldn’t think twice about bying? Maybe a $2 candy bar from a vending machine? Divide that $2 dollars by .00006 to get over $33 thousand dollars. That’s a pretty common yearly gross salary for a lot of skilled workers, and a billionaire treats it with the same care you’d treat with a $2 vending machine purchase.

    I’m into ham radio, which can be a deceptively expensive hobby. Some of the other guys in my local club have a significant amount of money, or at least a lot more money than I do, and that really does effect how they think and act. They’re all perfectly nice and helpful people, but sometimes they give advice that simply isn’t useful for a guy in my tax bracket. “Just get a resonant antenna” or “just put up a tower” they say, as though I have the land for a massive HF antenna with ground radials or a 40 ft tall mast. Bruh I live in a single-family home in an HOA.

      • Bahnd Rollard@lemmy.world
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        34 minutes ago

        Seconding, in the US, most states and the FCC have protections for amature radio equipment, there are a few introduced bills that would encourage emergency radio preparedness and extend the protections to federal law.

    • gergo@lemmy.world
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      21 hours ago

      Prof G followed this methodology to explain that to elon musk, spending 300 million dollars on the midterms is the same as a person who has a million dollars, going out for a 300 usd dinner. or me going out to buy a sausage in the corner butcher shop.

      fucking scandal.