Published by Selby Webb
Co-founder, Editor and Head of Marketing of SuccessField
2 years ago
According to the Gross Domestic Product 2015, GDP, Switzerland holds its own on Rank 9. With an unofficial minimum wage of CHF 3’000 , approximately $ 3’085, Switzerland’s residents enjoy a life of good quality. So we can assume they make good money, but are they rich? While reading this article, ask yourself: “Am I rich?”
Before answering such an obvious question, let’s look at the definition of the word “rich” . Rich is one who has a great amount of possessions & wealth. He or she are abundantly supplied with resources, means or funds. In other words, the term defines nothing else than a measure. Compare yourself with Bill Gates and you will be the opposite of rich. However, compare yourself with an orphan from a third world country and you will seem to be a very rich person. Do you still see yourself the same way? When the average human speaks about being rich, he tends to compare himself with celebrities. Bill Gates & Warren Buffet are often named people in topics like this. I, have my own definition of rich. One with a net worth of 10’000’000 US$ and more belongs to this upper-class. So, I don’t always agree with the opinion of the majority.
Engineers, doctors, managers, bankers and etc. make a lot of money. Yet, I can’t define them as rich. These hardworking respective individuals would need many years to obtain a net worth of 10 million US$. If they would quit their job, how long could they sustain their current lifestyle?
Entrepreneurs, top executives of big companies/ firms & investors are what I refer to as rich. This upper-class can retire anytime and maintain their high life standards. Very few rappers & athletes belong to this group. There are also others ways to reach this level, after all, all roads lead to Rome.