One of my good friends sister went out to LA when she was about 25 to do…something. I think she wanted to be either an artist or an actor or whatever. Anyways, she got connected with this multimillionaire who basically funded her artistic lifestyle for three straight years.
The guy was 70 years old and had a 50-year-old wife. They had this multimillion dollar property that had a big house on it plus a split level $2 million home on it as well where the 25-year old lived by herself rent free. She had full access to his vintage cars which she drove around LA as well as her main source of transportation. She took trips around the world with the couple as well.
She claims there was no sex for favors.
She had a strict diet of gluten-free and vegan food and had her refrigerator stocked with all the stuff on a weekly basis, so she never paid for groceries either.
I don’t think she did much but paint the occasional abstract oil painting that nobody bought. Eventually, after three years she decided it was time to go back to the Midwest - where she got a free place to live via another source. She now works part time at some enrichment camp for rich kids.
I want to add she was not a mean or selfish or entitled person…but seems to be good at getting herself into comfy lifestyles where she doesn’t have to put out a lot of effort to stay afloat.
My wife's cousin. He's 50 years old. Lives in his parents' basement. Has a car (that they bought for him as he has no money). After bouncing around LA for years working odd jobs (waiting tables, working on cruise ships, selling people on some new aged psychological cult, etc.). Came back home and got on unemployment because he had damaged his brain with drugs (or at least they were able to find some quack that signed the form that said he was incapable of working). Still goes and parties every weekend. Flies out to LA to hang out with friends and do psychadelics at burning man and film festivals. Moves from one get rich scheme to another. Spent a number of years out in LA in some drugged-out California cult. Dispenses life and love advice to people even though he has never been in a meaningful relationship. And is always sure to get out there and promote Democratic candidates and spew how evil Republicans are even as he globe trots around with his parents.
You seemed like a reasonable person posting this until you had to bring up your politics for no reason.
That's just who he is. Thinks he's sage and interesting when his reputation here is being a lame pawn of political gangsters.
I have a few trust fund friends from high school who do random stuff like peace corps, traveling around teaching kids english in different countries, stuff like that. They work here and there but it would be mathematically impossible for them to sustain themselves without money from mom and dad.
I used to be jealous, but it's gotten to the point where I'm kinda glad I was "forced" to start a normal career and whatnot. I stay in contact with one of them, and he's suffering some nasty depression and substance abuse problems. And he's very lonely.
I have a few trust fund friends from high school who do random stuff like peace corps, traveling around teaching kids english in different countries, stuff like that. They work here and there but it would be mathematically impossible for them to sustain themselves without money from mom and dad.
I used to be jealous, but it's gotten to the point where I'm kinda glad I was "forced" to start a normal career and whatnot. I stay in contact with one of them, and he's suffering some nasty depression and substance abuse problems. And he's very lonely.
I see a lot of stories like this. Your friend fell into the trap of thinking work should be meaningful. The sad truth is that for 99% of people, its really not.
My parents pushed me to seek out employment at age 15, in an area where it was illegal to work that young without a work permit. I failed to find a job at 15, with no car, and got yelled at by my parents a lot. I ended up getting a min wage job at 17, after trying again at 16. I've been continuously working or in school ever since. All through college, I'd work summers. When all my friends looked forward to the end of spring semester, I loathed it. Summers were the worst time of the year. Each day I only looked forward to my runs on a somewhat secluded beach in the evenings (its not secluded any more thanks to an increase in tourism, but whatever).
Any how, I learned very early that work sucks. Unless you are the man, you are entering the workforce as a resource to enrich the man. That is your function, not whatever you do at your job. I've had jobs I thought were alright and jobs that I loathed, but I never found work meaningful.
I had a friend who while she didn't have a trust fund, her parents divorced when she was in hs. Both parents wanted to be the favorite and thus gave her money to live and travel until she completed a phd. She has taken so many trips and been all over Europe and the US. One summer she "looked for work". Her idea of a job search was filling out three job applications in a week and then going I guess no one is really hiring, I won't work. I envy her a bit. While her life rocked - other than maybe an uncomfortable time during the divorce of her parents, my life was miserable until after grad school and I found someone who agreed with me that I deserved to make a decent amount of money. While she was out having fun, I was having managers and supervisors treat me like I was some kind of moron, yet I was an honors student at a top university. She works for some corporation or another as some kind of researcher/analyst now, maybe she got the first job she applied to in her last year of grad school, who knows.
This is the closest I've seen to a trust fund kid and yet I know there are people who would make her seem like a hard worker because of the vast amounts of money they will receive from their parents for life.
I think it is worth noting that in many of these cases it could be generational wealth….it’s not really the parents finding the kid, it’s the great grandparent. Don’t assume the parent is self made and/or didn’t have some significant financial advantages that created opportunities.
All the trust funders I’ve known are unhappy and depressed. You have to take on responsibility and have purpose to be happy. Something that is unnatural to them. Everyone thinks it would be a sweat life and they would be different. I think that is just wishful thinking.
All the trust funders I’ve known are unhappy and depressed. You have to take on responsibility and have purpose to be happy. Something that is unnatural to them. Everyone thinks it would be a sweat life and they would be different. I think that is just wishful thinking.
Damn, I just forgot about another rich girl I met who was friends with my ex-girlfriend. Daddy bought her an Ivy League degree and she went off to get a masters degree from UCLA. She was snobbiest, nastiest piece of work and looked down at me and my public school education.
She had an affair at the Ivy League school with one of her professors. Then took a semester off to “recharge”. After getting out of UCLA, she got a job in fintech and quit 3 months in.
She found and married a rich drifter just like herself who also had a rich daddy and together they don’t work and preach about renewable energy and sustainability from their home near Sebastopol. Cool.
I never met them, but I know of two notoriously poor spellers who are in their fifties and have never had jobs, lounge around all day watching tv and taking naps.
I've never really had a true career and am single. Back in the 80's I decided to ski bum for a winter and ended up in Colorado. I won't reveal the town, but will say it was south of Glenwood Springs. I ended up doing lifts for the season, but a big chunk of the other new seasonals had some sort of support for housing, gear, mad money. I partyed hard at times, but some were hardcore. My work ethic was easily superior as I got some small promotions and privileges. Being maybe a bit naive at the time but later figured that they had flow of some sort that allowed them to smoke pot, do shrooms etc frequently and the only reason they worked was for the free lift pass (parents not footing the bill for that?). Being tardy and sloths was normal for many and none were kept on for the full season. I wonder if the still live like this.
Cousins dad worth $150 mil. They are very nice and overall good people, but hold down silly jobs and have nice apartments and flights paid for. They don’t gloat but it all seems kind of pointless. Like the one has a food blog and blah blah.
Id prefer to be born in middle class and get to go to college to learn and work for what you have.
I didn't read through all of this, but some people are just really bad at getting jobs. Or they don't have the connections. Or maybe they think that it's more fair if they get a job themselves instead of using connections (I was recently at the gym and I heard some young guys talking about internship hookups because somebody's dad works at big tech company. Good for them, I guess. But it seems unfair/lame.).
It's easy to feel superior when your life has mostly advanced in an obvious, linear way with few hardships. You don't know what might be going on with some of these people. There was a guy who committed suicide recently at my work. He was in his early thirties. Probably making $70k to $80k a year. His wife was in her mid twenties. She was really good-looking. Her parents were rich. They lived on her parents' property and it had a lot of land for him to hunt. On the surface you could say he was doing better in life than these people who were being supported by their parents. But now he's dead. So who's better off now? Him or the people in your story being supported by their parents? I think any parent would rather have their child alive.
I'm older than that guy, never made as much as him, no significant other, I'm studying to be a teacher, I don't own a house. I'm being partly supported by my parents while I'm studying. I've failed at getting a career and I've worked in warehouses. But I don't think about harming my self and I feel pretty good.
Sage checks all the boxes. Coward still can’t admit the vax injured him. Not like he needs the sponsors. How’s that new condo and new car? Coaching online isn’t a job.
Just live in any skitown US for a little bit. They are full of trust fund kids. They work all these jobs nobody else can afford to work because their million dollar homes are paid off and you are paying overpriced rent to one of them.
This is very accurate, I can confirm. It also goes beyond ski towns; live in any desirable resort-style location and you will see this frequently.
And it continues after they're kids. A guy down the street from me in his 40s with two kids still works part-time at the outdoor shop and lives in his $2M home and has EVERY toy (boat, RV, etc) under the sun - and his wife doesn't work! LIVIN THE DREAM!!!!!
Just for reference, the high school he went to (according to wikipedia) costs $32k / year to attend.
No idea of how his life is funded etc. but that's an indicator he comes from a well off family. Seems like a nice guy and is a good story-teller for tinman.
The New York City art scene is overflowing with these types of people. I know too many to count. It seems like it would be an amazing lifestyle until you hit your late twenties or so.
Many of the giga wealthy ones have friends and orbiters, or social climbers etc, attached to them. There are a lot of people living off of them. A lot of their friendships are impure because of this.
Most of them are pretty cool and as normal as can be for having that much money. Few of them make good art, but they are socially connected to genuinely amazing artists. A lot of them work on random startups and businesses that rarely succeed.
All this being said, I think most of them are doing what anyone else would do if given that much privilege, and I don't know what they should be doing instead