10 Obscene Displays of Wealth That Will Shock Average Americans
The rich are getting richer — and some of them have no problem showing us just how much money they have.
The average annual income of the top 1% is more than $1.1 million, and this group now takes home 20% of all the income in the U.S., according to a report released in 2016 by the Economic Policy Institute. “The share of all income held by the top 1% in recent years has approached or surpassed historical highs,” the report revealed.
One Reddit thread this week — which as of Thursday morning had nearly 17,000 comments — revealed just how much rich people were flaunting their money. The thread asked the question “What’s the most obscene display of private wealth you’ve ever witnessed?”. Some of the answers were from the beneficiaries of rich people’s generosities. One man wrote:
“During college I worked at a place selling very high-end patio furniture in the richest D.C. suburb. One day a Washington Redskin comes in and buys a custom patio furniture set for his deck and pool area; total cost for 10 pieces was over $24,000. He paid cash and I set up delivery for 6 weeks later because the furniture had to be made at the manufacturer. Three weeks later he was cut by the team. I called when the order came in and he said, ‘Oh, I’m in the Caribbean now, think I’m selling that house, think I’m going to retire…you like the furniture?’ Me: ‘Yeah.’ Him: ‘You can have it, thanks for being a fan.’ 14 years later and I still have that furniture and the fanciest patio setup in my middle-class neighborhood!”
But many were shocked by the displays of wealth they saw. With some minor edits for grammar, here’s what they said: Click NEXT