there's this man in my country. he's in malaysia (which is next to singapore in the south-east asia).
he works as a CEO/managing director/executive director and owns 10% of his company on paper but 90% literally.
he has a swimming pool, a river and two waterfalls for his exterior design of his house.
his first house costs RM 3.5 million + 2 million (for furniture) = 5.7 million ringgit. in the US, it costs 1.7 million bucks.
his second house costs RM 1 + RM 2 million (for furniture) = RM 3 million ringgit. in the US, it costs around 1 million bucks.
he has a few other houses which costs around 500,000 dollars - 1 million dollars altogether.
his wife owns TONS of couture clothes.
he owns 8 computers in total, 10 televisions altogether, 9 telephones and a few bunch of stuff.
he takes a loan, too and spends approx $165,000 for 4 of his elder children and nearly $40,000 for his 2 younger ones. he also has 3 cars.
is he considered middle-class/upper-class/mega rich in the US?
2007-11-06
16:54:01
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5 answers
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asked by
q_and_a
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Personal Finance