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There’s a belief that all the rich people are the same, but the truth is they are not.
Every rich individual out there is a different right from the way he/she thinks to the way of working.
They have made wealth by choosing a different path.
Well, it differs. In today’s fast-paced world there are ample ways to make money.
It all depends upon your interest and passion.
Most important it’s all about learning from your mistakes and failures.
But those who learn from them and take risks are the ones who strive.
So, in today’s blog post we’ll be talking and explore about the types of rich people.
Rich People Types:-
Without any further adieu let’s dive deep into the topic and explore 10 Types Of Rich People that are there in the world.
Just Got Rich.
Real-Estate Rich.
Traders and Hedge Fund Rich.
Royal Family Rich.
The Tech-Rich.
Celebrity Rich.
Serial Entrepreneur Rich.
The Secretive Rich.
Wrote That Bestseller Book Rich.
Crypto Rich.
Just Got Rich:-
These are the type of individuals that are labeled as, “Freshmoney”.
These are the type of people who made money super fast.
In short, they flaunt their wealth by buying completely bullsh*t things.
They are the ones who have generated more money on liabilities and it goes on and on.
These individuals suck at managing their money and in most cases they can easily go broke.
They somehow lack financial education and don’t have a proper vision.
Don’t have a portfolio of assets that will allow them to grow more money.
They just have a fixed mindset of making more but have liabilities rather than having assets.
Real-Estate Rich:-
They are the type of rich individuals that are not so rich.
In general, they are real-estate agents.
But they have a proper mindset as compared to, “Just Got Rich” individuals and will be rich in the next 30 years depending on the smart decisions made.
These individuals have more bit and desire to grow.
They get money from their daily job.
Talk about cash flows, appreciation, and depreciation of land all the time cause that’s what matters a lot for real-estate companies.
They are not flashy, live below their means, and have a vision.
These individuals can be your neighbor next door and are good to hang out with.
Making money in real estate is not so easy but if you are smart and patient and can manage to either sell or mature a portfolio of properties then you can end up making a good chunk of money.
It all depends on making smart decisions with patience.
I would highly recommend you to read Rich Dad, Poor Dad by Robert Kiyosaki to know more about cash flows.
Also Read:- How To (Really) Become A Millionaire Through Real Estate
Traders and Hedge Fund Rich:-
These are weird and aggressive. The world of stock markets is a money-making mine.
These rich individuals are the ones who track the market and play aggressively.
Traders love numbers and profits.
They read and analyze the news to understand the global economy.
They see the charts and want to time the market.
But they are just baby brothers of Hedge Fund guys.
On the other hand, the Hedge Fund guys play a different ball game altogether.
And are better than small traders.
It’s like some big shot has pooled a large chunk of money into the system and made a yearly bonus of million dollars making you a millionaire.
But you see it the world of Hedge Funds is not a life of ease.
It’s stressful.
Simple logic,
More Stress=More Money
It’s such a stressful world as you have to track the market and need to be aggressive.
Your heartbeat pumps up and down when the market fluctuates.
It takes a toll on your health.
These rich individuals are always stressed out, and spend a lot of money on chemicals to stay active and have some insane stories to tell.
I would highly recommend you to read Principles by Ray Dalio, the guy who runs one of the largest Hedge Fund in the world and made over a billion dollars.
Also Read:- Hedge Fund Managers Are Expensive
Royal Family Rich:-
This is pure old-money rich.
When we think about Royal Family we think about the Queen of England and family or even the Arabs.
We also think about lavish clothes, luxurious palaces, and cars.
But the truth is despite having all the luxurious facilities they are the ones who are disciplined.
They are the ones who are well-mannered.
They are reserved and for them, the family name and honor matter a lot.
These wealthy individuals stay away from the media limelight cause they love to live a private life.
Although they constantly dress well but don’t draw attention to themselves.
Despite the world becoming modern, these individuals don’t break the stereotypes and don’t party out or throw a party. Rather they stay reserved and private.
Now that’s being disciplined.
The Tech-Rich:-
Who doesn’t love techies?
They are the ones who are insane and are the craziest to hang out with. Referred as Geeks.
They are introverts, with a unique sense of humor, a terrible fashion sense, and the ability to think out of the box.
These individuals get rich by developing an idea with few friends coming together, working on it, and just blowing it.
The money usually comes from investors or venture capitalists that value their company in millions or if their product becomes successful from selling then either they sell the company or take it public.
These individuals love new gadgets and spend an ample amount of money on them rather than spending on fashion. Just grab the latest tech out there and play with it.
Tech Rich is the type of individuals whose minds work 24X7 and constantly work on it.
They are programmers and code all day long.
They work on one idea or company and after selling or leaving the company they work on another company.
Tech people are puzzle solvers, love to solve problems and come up with solutions.
These are the type of individuals who use a VPN for secured internet privacy. Try NordVPN for a secured and private network.
Also Read:- Embracing the startup mindset
Celebrity Rich:-
These individuals are different on the list.
They are from the show business and include film celebrities, tv celebrities, music composers, singers, and athletes.
They are considered as the first generation money.
These individuals get rich after getting their first break.
You see it’s not just a hard work game, but also a luck game.
These are the type of careers that are not easy as it requires an immense amount of struggle, hard work, patience, and discipline to get the first break.
But getting the first break is just the beginning, managing fame also plays a huge role.
Most people don’t love frugal celebrities, they love good-looking ones.
Most important is whom they connect with.
So, there are many celebrities out there, but the best ones are the ones who have maintained their fame and have thrived.
These are the rich individuals who have struggled for a long period and adapted to changes in terms of content.
Serial Entrepreneur Rich:-
Again these individuals are insane, aggressive, and their minds run constantly.
They are the ones who have an entrepreneurial mind and are the ones who start a business, grow it, and then either leave or sell the company and start working on the next idea.
Their attention span is tiny and is always in a hurry to juggle and think a lot but that effort and hard work help them to thrive.
They always talk about new investments they made, share ideas, what things they have learned while starting the business, and the success they have gained.
Most of them are fairly young and range between the ages of 20-50.
They are the ones who chase the next wave like a surfer constantly pushing themselves to move.
Also Read:- 5 Success Tips for the Serial Entrepreneur Entering a New Industry
The Secretive Rich:-
These are a different set of individuals and don’t tell whether they are wealthy.
They are the type of rich individuals that live in the same house, drive the same mid-range car, and the one who doesn’t flaunt their money by purchasing luxurious brands.
They are the complete opposite of, “Just Got Rich” types.
They are the ones who spend less amount of money on liabilities and make smart investments.
They manage their money smartly and focus on building assets.
They are the type of individuals who stay way below their means.
They spend money on quality products and rarely care about what the logo looks like.
They could be your neighbor next door and live a simple life but have a high bank balance.
Also Read:- Secrets of the "Invisible Rich"
I Wrote That Bestseller Book Rich:-
These are some of the funkiest and the most creative ones to hang out with.
With authors and writers, it’s always a hit or a miss in terms of chemistry.
Some are fun, weird, and all of them have a quirky way about them.
They love to play with words.
They are storytellers and that’s what we are always hooked up to, a good story.
These are the type of individuals that are not celebrity rich but have a loyal fanbase and the ones who stay away from the media limelight.
They love to live low.
Since they are creative people with amazing minds, most of them also go through a rough phase where they suffer writer’s block, where they lack the inspiration to write.
Also, they live with a constant fear of imposter syndrome, thinking that they’ll never be able to top that one release that got them to where they are right now.
Every writer goes through that phase but it’s all about moving on and shifting perspective.
And because of their nature of work, they live a joyous life.
Also Read:- Developing a Writer’s Mindset
Crypto Rich:-
Ahh! This one is considered as the millennial or modern rich.
Who doesn’t love this piece of technology as it’s so exciting, interesting, and intriguing?
Crypto Rich is like the trader genre and poker rich mixed into a new breed of wealth.
They are the rich individual who believes that money is the old thing, governments are an old norm of the system, taxes are theft, and can’t wait for the billion dollars to stash.
Well, the truth is they are right.
Some of the individuals got rich in the past decade many of them bought into the Bitcoin phenomenon super early and held onto it to this day only selling little bits along the way to see that digits can be turned into real assets.
Again the bitter truth is it’s not everyone’s cup of tea.
It takes time and learning by observing the market.
The smarter ones are deep into the Crypto space and have created a new age of technology entrepreneurship through ICOs.
Well, the crypto space is intriguing and excites us all day long.
These groups that are labeled as, “Nobody understands what they’re doing” are actively building an infrastructure upon which the new technological era will begin.
I would highly recommend you this book called The Internet of Money by Andrea M Antonopoulos and it’s filled with Cryptocurrency.
So, that’s a wrap, readers!
Question,
Which type of rich people did you meet in your life?
Let me know down in the comments below.
And for sticking around till the end obviously, you get a,
BONUS:-
*The Soon-To-Be Rich
Someone who is close to being rich and is disciplined.
Who has a goal and working super hard on an idea.
Learning from mistakes, failures, and still thriving is the one who has taken that step.
Investing in being the best version of yourself by buying books and courses is the one who is, “The Soon-To-Be Rich.”
If you have paved the way to be rich, please write, “Soon” in the comments below.
Thank You.