Hello Aluxers, welcome back.
Many of you think all rich people are the same, but that isn’t quite true.
In our experience we’ve bumped into plenty of different types and today we’re going to go through that list.
Here are 15 Types of Rich People:
These aren’t even new money, they are ALL-of-a-sudden Fresh-Money.
These people were not expecting to get rich this soon.
They simply rode a wave, made a killing in an emerging industry and most times have a problem dealing with it
because they didn’t have enough time to mature their financial IQ.
They got rich super fast and sometimes at a too young of an age - and it backfires.
They usually hyper-flaunt their new found wealth.
They buy stupid shit and most likely will burn through it all fairly quickly.
They live under the mantra of:
You can call them out right away, because they generally purchase only liabilities,
like flashy cars, expensive clothes and bags, but have no real investment portfolio to back up their lifestyle.
They assume, whatever made them money will always be there.
Sooner or later, either they make a mistake and the pipe dries out, or the wave changes and they fail to adapt.
That’s when you’re left in a house you can’t afford, with 6 cars waiting to sell and a couch that you paid 20K for, on a dare.
Most people who say they are real-estate rich, aren’t actually rich yet.
They technically will be in 30 years, but not right now.
These are usually real-estate agents with a bit more drive and desire to grow.
They use the money they get from their day-job as a down-payment for the next property.
They constantly talk about cashflow, about how they’re gonna BRRRRR this new property,
how they’re forcing appreciation and how they know someone who has over 100 properties already.
Truth be told, these are usually some of the nicest people you’ll come across.
They’re not flashy, they’re super disciplined and know that they are playing the long game.
Most of them live below their means.
They will eventually be rich, when they manage to either sell or mature their portfolio of properties.
These are the weird ones.
They’re all over the spectrum in terms of energy hype, of rockstar and redbull consumption, not to mention other substances that would get us demonetized.
For the traders, they love to show you that one trade they made a while back where they made a killing and their 4 monitor set-up filled with green and red lines.
Day traders like to pretend that because they read the news they understand how the global economy is fluctuating day by day.
They are the baby-baby-brother of the Hedge Fund guys.
Hedge-fund rich, means you’re a lot better than every other day-trader out there and some big shot has hooked you into his company.
Their yearly bonus alone makes them millionaires, but it’s taking a toll on every aspect of your life.
In our experience, people who work in hedge-funds are stressed out the most,
they work the longest hours and are constantly worrying about screwing everything up,
thus artificially increasing their energy through chemicals and spending as much money as they can to keep feeling alive.
They have some insane stories to tell!
They are the definition of OLD-OLD-OLD-Prehistoric-OLD-Money.
You’re probably expecting these people to be the epitome of douchiness, but you’d be mistaking.
In our experience, they are some of the most well mannered and reserved individuals out there.
lthough they enjoy unmatched levels of wealth, they constantly carry the burden of not embarrassing their family and they’re a lot more reserved.
Unless you pay close attention you might miss it that they come from that much money.
The giveaway is usually the diplomatic limousine and the aid that follows them everywhere.
Although they’re constantly well dressed, they do not draw attention to them.
During our university years, we’ve had the privilege of getting to know quite well someone from the United Arab Emirates Royal Family
and we can tell first hand that they’re just normal people, with almost perfect etiquette and a family name to carry around.
Most of them enjoy the privilage, but feel the need to break free, to party, to make stupid decisions, but most of them choose not to.
We love the techies, we always clicked with them well, because we’re in tech ourselves.
These are usually geeks, introverts, with a unique sense of humor,
almost always terrible fashion sense but almost always with great intentions and even greater intellect.
They usually got rich by developing an idea that they had with a couple of friends who blew up.
The money came from investors that valued their company in the millions or if they were successful with the product, from selling said company.
They love gadgets, they don’t blow through money and their mind is always buzzing.
After a big exit, they usually seclude themselves for a while until they start working on the next idea.
For tech people, it’s the puzzle of business that they find most alluring and figuring out if they can solve it.
Something we noticed, they all take their privacy and online security super seriously.
They always pay extra for super-secure modems, laptop cameras are covered with a bandaid,
all their crypto is on cold-storage and they don’t log on the internet without a VPN activated.
None of their online activity gets tracked and they’re willing to pay for it.
If you’re ready to take your online privacy seriously, go to alux.com/vpn.
We reached out to NordVPN, the company we personally use for vpn services and they agreed to help our community out and they stepped up:
you’re getting 70% off a 3-year plan and an extra month for free.
Basically, you pay a fraction of the cost most people pay for their online security and you’re set for the next 3 years.
Go to alux.com/vpn and protect yourself online.
These are usually entrepreneurs who’ve had a great idea, it blew up, sold it and now they’re pursuing their true passion of doing good
or they come from older money and they have no interest in going into the family business.
They travel the world, meet people, raise funds, and oversee projects meant to help aid those in need or preserve valuable parts of the world.
They are experts in social courtesy and love to use their connections to push projects even further.
Because of their efforts people, communities, species or pieces of art found their way into the light.
See what Akon is doing in Africa, what Amal Clooney is fighting for, and what Bill & Melinda have done to cure the world.
This includes TV, Movies, Entertainers, Athletes and so on.
Celebrity rich people are usually first-generation money.
They got big with a single project and are struggling to hold onto said fame because their incredibly expensive lifestyle requires it.
Most people do not like to see frugal celebrities, they want them to be aspirational,
to always look beautiful and opulent and this has been the major downfall of most of them.
The cost of fame is usually too great and most celebrity rich get swept in a whirlwind of expenses, yes men and spotlights.
The more stable ones aren’t as arrogant as people think, they’re time is just really expensive and we can see why some people might find them hard to connect to.
What you need to understand is that most of them are running against a clock.
Fame can be gone as quickly as it showed up and they have to take this opportunity to make sure it lasts.
These are the children of everyone we’re covering on this list.
The parents sacrificed a lot coming up and the results are an incredible life.
Their kids do not have to worry about money, every basic expense is being covered, you’re not lacking anything else.
Because their parents are still running the family business, the children usually feel disconnected.
Parenting suffers when you have to put every hour into building and maintaining an empire.
In our experience, trust fund kids are split into 2 very distinct groups:
who believes everything should be delivered to him or her on a plate because this has been their experience in life so far.
they see themselves responsible to take their parents' efforts and pick up the torch and finally allow them to rest.
We hope all your children, Aluxers, will fall into the second category.
These are people who can’t explain their wealth - at least not in a way that would not incriminate them.
They made their money in shady ways, many times crossing the line into illegal territories.
They’ve never built a company, they didn’t go public, they don’t have a paper trail for any of their riches,
these are just there and have grown over the past decades.
Some might have even did jail time or the more connected only got convicted but their case got dropped.
In the more recent years, they began cleaning their image.
They took their dark money and began investing it in legit businesses.
They’re cleaning up their reputations as well.
You see many of them on the cover of your favorite financial magazine and although rumors are still flying around,
they make an effort to distance themselves personally from anything that could damage them.
These people are extremely passionate about business.
They love the challenge of building one after another.
They usually spend a couple years developing a business, then they either withdraw themselves from the company
or make an exit in order to start and grow another one.
Their attention span is tiny, they’re always in a hurry and it feels like they’re juggling to many things; but that pressure, that’s where they thrive.
Some of our best friends are Serial Entrepreneurs and they’re always excited to tell you about the new investment they made and the last success they had.
In our experience, they’re fairly young, and when we say fairly, we mean between their 30s and 50s.
They’re chasing the next wave very much like a surfer does constantly pushed by the fear of not solving the upcoming puzzle.
These are people you’d never be able to tell they’re wealthy.
They live in the same house, drive a mid-range car, don’t sport a flashy watch… as a matter of fact, they’re the exact opposite of the Just-Got-Rich type.
They accrued their wealth through smart, stable investments throughout their lives.
They lived below their means and spoil themselves only by purchasing quality products, they rarely care about how big the logo is.
They could be your next-door neighbor and you wouldn’t be able to tell,
because their bank account isn’t reflected in their lifestyle the way you think it would reflect on yours.
Out of everyone on this list, these are usually the happiest of the bunch.
These are people who go all on 1 play and it works out for them.
We know plenty of actual poker players who’ve amassed a small fortune from this one skill, but this genre doesn’t partake to them exclusively.
It covers everyone who’s looking for low effort high-return type of money.
Most of them fail in the long run, because they’re unable to discipline their double or nothing type of thinking.
A sub-species of this genre is the MARY RICH.
A man or woman who’s going all-in into a romantic relationship usually with someone older and wealthier in order to quickly climb the social and economic ladder.
They are some of the funkiest people to be around.
With authors it’s always a hit or miss in terms of chemistry.
Some are fun, some are weird and almost all of them have a quirky way about them.
They not celebrity rich, but they do have their own loyal fanbase who’s always pressuring them for the new thing.
In our experience, most of them live with a constant fear of impostor syndrome,
thinking they’ll never be able to top that one release that got them to where they are right now.
Because of the nature of their work, they live a joyous life.
Crypto rich is like the trader genre and poker rich mixed into a new breed of wealth.
They believe money isn’t real, governments are outdated, taxes are theft and can’t wait for their stash to be worth billions.
Truth be told, most of them are right.
They got rich in the past decade.
Many of them bought into the bitcoin phenomenon super early and held onto it until this day
only selling little bits along the way to see that digits can be turned into real assets.
The smarter bunch of them are a bit more in the deep with crypto and have sprung a new age of technological entrepreneurship through I.C.O’s
These group of “nobody understands exactly what they’re doing” are actively building the new infrastructure upon which the new technological era will be built on.
In our experience, most of them are faking it.
Before you spam us with the question on where to buy crypto for the millionth time, here’s the link:
We personally use coinbase to buy our bitcoins and we haven’t had an issue so far.
Not sure if they're offering any perks for using our link, but it might be a good time to purchase before the Halving happens on may 12th.
Don’t say we didn’t tell you.
This last category is by far the least rich ones throughout our list.
They made their fortunes selling the dream of becoming rich to others almost in a predatory sense.
They promise a sure-fire way to make millions if only you joined their $10,000 seminar.
They always sell a new system and jump on the latest trend to repackage the same model of worthless promises.
They sell the idea of being wealthy.
Even a certain rich father made his fortune from the sell of books and not in real-estate as he preaches.
Only after the book money came in, he could afford to practice what he preached; and he is not alone.
This doesn’t mean what they present isn’t valuable, but it’s not everything.
Our advice is
Otherwise you’re gonna be left holding a beautiful package that’s filled with brochures and confetti.
Throughout your life, you definitely met some of these types of individuals and we’re curious to know you better:
We can’t wait to hear from you in the comments!
For those of you who are sticking with us until the end, we have an extra category:
These are the individuals who are taking all the correct steps towards becoming financially wealthy.
Although they may not be there just yet,
to change that in the foreseeable future.
These are people who right now are investing in their financial education,
they read case-studies, books, watch interviews and educational videos on how others were able to achieve greatness and wealth.
They’re not just consumers, they don’t just talk about what they wish life would be, instead, they keep pushing forward every single day.
They rely on fundamentals, they don’t follow trends.
hey’re not falling victims of the get-rich-quick mentality and most of them have been able to dramatically improve their lives in the past few years.
We believe you are one of these soon-to-be rich people.
Who else would take time every single Sunday to educate themselves on how wealth is built,
how to live a fulfilling life and watching this fairly long videos until the end for a special golden nugget of information.
We’re blessed to have people like you make up our community and we feel proud of how far we’ve come together.
We see you every week in the comments and although we don’t always reply to every single one of you,
we’ve learned your names, your avatars and we’re always excited when we see you come back.
For that, we want to thank you Aluxers.
If you relate to this bonus part, please write SOON in the comments, that way we know our message reached the right ears!