Do some rich people only wear designer clothes? Like, is everything they have in their wardrobe designer, even down to their socks and underwear?
It’s a question I’ve always had.
To clarify, I mean both old money and new money, from high-level millionaires to billionaires. And when I say designer, I mean across the entire spectrum. Not every designer brand is loud and famous like Gucci. What I mean is, do these wealthy people ever buy clothes, underwear, socks, etc., from stores like Walmart, Target, and other regular retailers, or is everything in their wardrobe designer?
The richest person I know walks around in a 15 year old pair of these https://www.newbalance.com/pd/mx608v5/MX608V5-35113-PMG-NA.html?dwvar_MX608V5-35113-PMG-NA_style=MX608WN5
And similarly old generic jeans.
I don’t know how rich they are, but in the $50-100m range if I had to guess.
How come you ain’t rob em yet?
Bitcoin?