Comment on The Telegraph has deleted the seemingly made-up article

• Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

  A household with £345k income is not rich, lol.

  source

  • Apocalypteroid@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Wtf are you talking about? You must be a billionaire.

    This family earns more than the value of my house in a year.

    If they carry on earning this and work for 30 years they will have amassed a fortune of £10m.

    It also puts the family in the top 0.5% of earners in the country.

    I think that makes them fairly rich.

    source

    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      Do you understand that your logic doesn’t make any sense? First of all, half of their income goes into taxes. Second - they still need to spend money on bills, food, etc. So it will take them a lot more than 30 years to get to £10m. They won’t live as long.

      You’re also confusing top earning workers with the rich.

      source

      • Ilovethebomb@lemm.ee ⁨1⁩ ⁨month⁩ ago

        Dude, just stop.

        source

        • -> View More Comments
      • Apocalypteroid@lemmy.world ⁨1⁩ ⁨month⁩ ago

        My logic? Even if the income figure is gross and not nett, they are part of the top 0.5% earners in the UK. So… Logically… They can be considered rich by the 99.5% of the population who earn less. They are almost certainly millionaires. Their kids go to public school. They take 5 holidays a year FFS, how many people do you know who can afford that? If you don’t consider that being rich then you are either richer than that, being a troll or deluded.

        source
  • bollybing@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

    £181k is all you need to be in the top 1% in the UK.

    source

    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      Top 1% workers, not top rich.

      Look, here’s a thing. 40% of all land in England is owned just by around 200 families. And they are laughing their arses off when they hear that peasants earning £181k per annum are rich.

      source

      • bollybing@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

        Top 1% of income from all sources which includes your 200 mega rich families. 1% of 70m people is 700k people. Of course the top 0.1% are way richer.

        source

        • -> View More Comments
      • Ilovethebomb@lemm.ee ⁨1⁩ ⁨month⁩ ago

        If you’re earning that much money, you’ll pretty quickly end up in the 1% of net worth.

        And these people earn around 10x the typical household income.

        source

        • -> View More Comments
    • MrPoletki@feddit.uk ⁨1⁩ ⁨month⁩ ago

      one day I might earn that much in a year.

      source
  • TheGrandNagus@lemmy.world ⁨1⁩ ⁨month⁩ ago

    A household with that income is very rich.

    Jesus, toffs are so separated from reality it’s unbelievable.

    source

    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      No, it’s not.

      source

      • Feathercrown@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Nope, you’re wrong, look it up. Average income of the top 10% is like a third of that figure. …org.uk/scale-economic-inequality-uk/

        source

        • -> View More Comments
      • TheGrandNagus@lemmy.world ⁨1⁩ ⁨month⁩ ago

        It objectively is.

        source
  • mriormro@lemm.ee ⁨1⁩ ⁨month⁩ ago

    Some folks barley scraping by need to throw your ass to the ground and just beat the fuck out of you for saying such stupid shit.

    I swear, every day rich folk are becoming increasingly more unbelievable.

    source

    • Rawdogg@lemm.ee ⁨1⁩ ⁨month⁩ ago

      No way this snobby cunt has money, Succesful people dont spend their time trolling on lemmy lol Sounds more like a spoiled child

      source
    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      Ahaha, ok.

      source
  • Ilovethebomb@lemm.ee ⁨1⁩ ⁨month⁩ ago

    ethnicity-facts-figures.service.gov.uk/…/latest/

    That’s many times what the typical household income is, and most people would certainly consider that rich.

    source

    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      But that’s not rich, lol.

      source
  • And009@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

    Depends who you ask

    source

    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      Anyone you ask.

      source

      • And009@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

        Global indexes are scraping the ground against those numbers, I can tell you for sure they’re 1%.

        source

        • -> View More Comments
  • echodot@feddit.uk ⁨1⁩ ⁨month⁩ ago

    Where the hell do you live that people regularly get more than that?

    I would like your address and the times that you will not be in.

    source

    • DragonTypeWyvern@midwest.social ⁨1⁩ ⁨month⁩ ago

      Y’all should know Aux isn’t an actual person by now

      source
  • WR5@lemmy.world ⁨1⁩ ⁨month⁩ ago

    By what metric? Where would you define rich?

    source

    • MrPoletki@feddit.uk ⁨1⁩ ⁨month⁩ ago

      I’m not sure there is actually a proper definition of ‘rich’ that would allow you to accurately classify a group of incomes into rich and not rich.

      But if you were to think of it in terms of the ‘feeling’ I’d say I’d feel rich if I never had to choose a cheaper option for anything at all, ever, could eat out and check into a hotel for the night any time I liked, all whilst currently putting away a handsome investment of some kind - but still have more disposable income than I could possible waste between income periods with nothing but my own debauchery (barring expensive drug habits).

      That’s what I call rich, thing is, some people can achieve this on much less than others due to their tastes and circumstances. I’d feel rich if I worked 9-5 and took home upwards of £300k for sure. Others might not though.

      source

      • WR5@lemmy.world ⁨1⁩ ⁨month⁩ ago

        That’s all well and makes sense to me, but the person I was questioning stated that $350k+/year is not rich. All of those boxes you mentioned could be ticked way lower than that, and this is nearly 10x the median salary of the UK. That roughly means this family has the ability to spend 8x the median individual and still save/invest 2x their salary per year.

        source

        • -> View More Comments
      • bollybing@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

        I think most people would see that as ultra rich or super rich. To most people “rich” means having significantly more money than them. So given that the median salary in the UK is £37k, most people would probably say someone on £80k is rich, even though its pretty easy to earn that much and still want for more.

        source
    • Aux@feddit.uk ⁨1⁩ ⁨month⁩ ago

      The rich don’t work and don’t have income.

      source

      • WR5@lemmy.world ⁨1⁩ ⁨month⁩ ago

        What does this mean? By this metric, the wealthiest person in the world is not considered rich. Elon Musk both works and has an income.

        source

        • -> View More Comments