To be considered as rich, how much money do you think a person should have?

Hello fren!!! People are never satisfied with how much they get. They are always wanting more than what they have.... And about the qualification of richness in terms of money, its the relative thing. Rich in comparison to whom? Ok in case of our country, the person with S$700,000 and even $300,000 can will consider him reach if he come to Nepal. Because s$700,000 = 700000 * 53 = 37,10,00,000 Nepali Rupees. i.e 37 crore and 10 lakh Nepali Rupees...I am going to faint lol.....If someone in my county says that he has that much sum and still says himself that he is not reach, then do you think will i believe him... Hey scheng1, come to Nepal with your singapore dollars and come to nepal, covert your money into Nepali rupees, then you will be a rich person of Nepal hehe....And this is the main reason why Nepali people are keen to go abroad, earn some nice dollars, and they don't live there forever, they wan't to return to Nepal, convert the sum into Nepali and lead a rich Nepali life....

It depends on every person's thinking my friend. I can say that even $10K is a big money for me and i would consider myself as a rich person. many persons like Bill gates would not feel like that. When i was a child, if I had Rs 10 in my hand, I was feeling like king of the world!

i think that for a person to be considered really rich he should have at least a cashflow of minimum 100million dollars...if i were to have that amount 10percent of that amount will be my revolving money for the charities that i will support..for the street children,the elderly and for the cat welfare....and the rest for taxes and whatever liabilities i may have and of course that money that i have to splurge on my family and pleasure..

For me if i can buy all the things i want, even if its too expensive i can call my self rich person. being have all the luxury in life, high tech gadgets im contented enough. but on other side may be if you will earn millions everyday or if you will not need to work in order to survive, you may also call your self a rich one.

In my opinion,if one have much money,have their own big house and theie own private car,have a happy family,i think the person like this is "rich". Although the purpose of becoming rich is so far from me now,but i think if i make all my efforts to do it,i will become rich one day.and let my family lead a happy life.If the money i earn can meet my basic need of life,i will satisfy.

I think a truly rich person has te ability not only to take care of thereselves but the desire to elevate others as well. One would not only be rich financially but in spirit and character as well. Good Question thanks for the topic.

I really don’t know how much money a rich person has coz I am definitely not rich and there is no limit really to acquiring money but I think the lifestyle gives an indication of how rich a person is. Two or three houses or maybe a plush apartment in one of the posh areas of the city, two three latest cars costing the heavens, jetsetting holidays, children going to the most expensive schools, designer clothes, parties…the sort you know we read of in the glossies! These people are definitely considered rich.

Hmm, if a person works hard,invests right or negotiates properly is it really anyone's business what an individual earns? Yes money isn't and should not be everything but there are those who have a drive to be as successful as possible. It really amazes me the level of wealth envy that has permeated this country. Many are concerned with a CEO's pay but say nothing about a professional athletes salary. "How much should a person have to be rich?" according to the government 100K seems to be the dividing line others think that isn't near enough. Rich is what makes one comfortable.

well if you are basing it on money only.. I dunno. The thing that I know is that it's not only based on the money that the person has. You also have to consider the person's assets and liability.... :D But I don't consider someone rich if he has all these things. He might have all this things but does he have friends? and I mean real good trust worthy friends who got his back?What if all of a sudden he got broke and lost everything? see what I mean?

a person called rich if he/she has millions and billions funds in the bank and has a millions and billions worth of properties she/he owns.

Hi, In my point of view, one will be considered as rich when he do not have to work for money. He/ She can choose to work or not to work as he/she does not have to worry about money. One should have the assets such as house or car and able to enjoy the quality of life.

I guess this is one of the things that people have varying standards to classify a person whether he is rich or not. But in my personal opinion, I believe that a person is rich if he doesn't have any debts and he can provide for his familys needs and simple pleasures. It doesnt mean that you should have millions because even so, if you have millions of debt also then it's useless.

As long as i have every thing i wanted i will consider my self rich. richness is not about the money you have .It is all about how happy are you with what ever you have

$.5-2 million (ish).... i think that can start you off as a well off guy and get you started on businesses that can bring you more money and be really rich.

Well Forbes does take out the list of richest people every year but then richness or poorness depends on your perception. Ask a person with his first salary in hand, he feels at the top of the world with his hard earned money and will tell you he is rich. While a millionaire ght keep brooding over his losses and keep telling everyone how he does not have enough money to even buy a dinner for himself. It all depend on the frame of mind of the person and the satisfaction a person has in himself with whatever he has got.

That's hard to say. To someone like me, a person that has a million dollars in the bank is certainly rich, as he or she can live off the income from the interest and not have to work. I would say someone is rich if they have enough investments that they don't have to work in order to have shelter, food and clothing.

I think money is important but not everything, one should have really peace of mind to consider rich in real sense. But if you really talking about money then I should say it endless, no matter how much you earn you will always need more.Look at the top 5 rich people in the world they never stop earning money.

If you honestly want an amount, I know in the United States to be considered even partly well off you need to be making over $100,000 if not more depending on where exactly you live. For me I live about an hour outside of DC so the number is way higher. Now overall, I think you can be considered rich if you are living the lifestyle you want to live and are still able to have money in the bank to spend on your wants in life or save.