this post was submitted on 08 Jan 2026
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Explain Like I'm Five
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Americans love rich families, that is shown over and over again, each generation a new rich family is in the spotlight.
Fortunately, I think more people are realizing that ABAB. I don't know which rich family is garnering admiration at the moment, but if their net worth is under a billion, they're just playing at rich. Real power starts at billionaire status, today. And, most Americans can't name more than three or four of them. The current estimate is >900 billionaires in the U.S.
Additionally, admiring the rich is certainly not exclusive to the U.S., just to be clear.
Let's not pretend that people with a net worth over 100 million aren't obscenely wealthy too please. Be real.
Americans substitute wealthy people for the royalty we've never had.