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If you earned $1 per second, then to make 1 million dollars would take you about 11 and a half days. But to make 1 billion dollars, would take you over 31 and a half years. You see, it’s easy to think of wealth in terms of rich or poor, but broadly speaking, there are arguably 5 different levels of rich, and at each level, things change very drastically. The difference between what a millionaire can do, and a billionaire can do, is simply staggering.
In this video we’ll be exploring what life is like at each of these different wealth levels, and delving into how the ultra-rich spend their money, including some of their most bizarre and extravagant purchases. But, as you’re watching, you’ll realise that one of the biggest changes that happens at each wealth level, is perspective. Because prices feel relative to how much you earn. So if you compare someone whose earning $40,000 a year with someone earning 400 million a year, it’s 10,000 times more. Which means:
A lambo that costs $300,000, to them is the equivalent of spending $30. A $10 million piece of art? Feels like $1,000. So whilst to us those purchases would feel so major, to a billionaire, it’s not even something they need to think about. And of course, when you’re that wealthy, it’s not just items and experiences you can buy. But we’ll get to that… Let’s instead start off, with the first level of rich:
The Top 1%
Even though this phrase is synonymous with being extremely rich, if your income is over about $200,000 a year, you would technically be part of the top 1% of worldwide earners. And so being in the top 1% may not make you feel quite as rich as you think. Which is why beyond this level, wealth starts being measured in net worth rather than income, as the more wealth you have, the more assets you have, and you’re probably not making your money from a salary.
So the next level of rich is a Net Worth of $10 Million – $30 Million
This levels of wealth video will look at ALL the other levels of wealth, including the difference between millionaires and billionaires. We’ll also look at some of the craziest things rich people buy – including some of the most expensive items ever and rarest purchases the ultra-rich make. We’ll also be visualising wealth in different ways, looking at wealth inequality, and understand how billionaires buy a lot more than just expensive items and experiences.
This post was inspired by reddit poster a1988eli (and then matched with my own research & analysis) who had spent a lot of time with several ultra-rich people, and therefore had great insights about the levels of wealth. His original comment was on the reddit post ‘What do insanely wealthy people buy, that ordinary people know nothing about?’
This levels of wealth video was produced within the the parameters of the fair use doctrine. Please contact support@magnatesmedia.com if you have any questions about the contents of this video.
Video created by: John Frazer and Hahoany Assad
With inspiration & thanks to: a1988eli
Clip from James Jani’s channel that visualises wealth:
The Untold Truth About Money: How to Build Wealth From Nothing.
https://www.youtube.com/watch?v=6mRbDEtDoyA
By James Jani
I hope you enjoy this video looking inside the lives of the ultra-rich, and what you can buy with a billion dollars.
MagnatesMedia is producing lots more documentaries on business, wealth, finance, success, influence and lots fascinating topics. Visit our channel page to see our free library of documentaries. Subscribe and turn on notifications for more soon! 🔔
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@DelfiniaOkean
Малоумните им глави да се отрежат. Смъртна присъда. Това е гавра със 6 милиарда. Човека
@SteveStefanowski-d9w
2000 people has the world that it. Nobody should be homeless or hungry nobody but the really rich don't care. I'm talking about the ones who make laws because don't think it Washington it's not. It's way deeper than you know if you really know you would ask to take it back. Evil is in control and it's the 2000 people I was talking about it's there boss. If they cared people would all be happy. Evil is evil and it will get worse
@NRD_614
Some people are so poor all they have is money.
@a.ericschlobohm97
What about the Trillionaires whom run the dynasty families like the De Rothschild family that is worth 400 trillion dollars!??
Or those that own the fractional fiat currency, The Federal Reserve??
@kabacheouiza3566
luck … that's all
@framerofworlds9984
So 100 million is when you start turning into a completely out of touch weirdo?
@AbdulHakeemAbuRas
0:07 is that indian guy speaking
@karlshaw9706
Great video man. My grandfather once told me when I was young: “a wealthy man, is a man without debt”
@InResponseOutreach
I’m so poor
@SIN-RODEO
Money cant buy real love or the love of God😊.
@Psi-Chomp
A Death Curse to be these individuals curse to be theirs and theirs alone, as a punishment, because their wealthy among them no doubt took part in exploiting me, or their money manager banker trash and stock investors took part in exploiting me to get more wealthy, or to become wealthy, that do not deserve a thing they have inckuding their life in their bodies and the same for those criminals like them in the future… many different ways these trash thieves, or just so greedy, on Earth took part in thieving from me to be held accountable for their criminal activities, those GUILTY AND ACCOMPLICES AND ACCESORIES INVOLVED!!!!
ANOINTED HOLY LORD ERIC EC4
@egutz1405
Who will inherit ones the billionaire's passed away ?
Who will continue his/her fortune/achievememts whatever?
@redshredder1021
I am in between jobs right now and I’m having a hard time with it. I am married to wonderful woman. We have six children and number seven is on the way. Everyone is healthy and all of our needs are met. Compared to the rest of the world, our family would be considered wealthy. Thank you for putting everything into perspective. Good video!
@AINVESTINGINSIGHTS
Chumu Video….In bengali Chumu Means a Kiss Worthy Video. deeply overwhelmed with your content and editing.
@wayneperciful2044
Honestly, money doesn't mean a thibg. If you don't wnjoy life without it, you won't enjoy life with it. Wealth is a magnifier of that which is. So if your conduct is 90% good and 10% wrong then as wealth goes up the wrong goes up. It just increases. So its not the money is the issue but the person that is an issue now has more ability to be a bigger issue. So wealth for a healed and healthy person able to manhe thier money and respect themselves will simply expetince extras. Therefore who cares.
@EmmyG63
I come to this once in a blue moon to just enjoy the editing and voice👌
@Velocity_Visuals_Satyam_Kumar
If you're reading this right now, I just want to say; I'm rooting for you. We’re strangers, but that doesn’t mean I don’t care. I know what it’s like to feel like you're pushing a boulder uphill. I felt that way until I picked up Manifest the Unseen by Luna Rivers I can’t explain it perfectly, but it changed my whole perspective. After checking it out on youtube and reading it things have been flowing, money, peace, confidence. Maybe this is your moment too. Stay open. Wishing you more than you ever imagined! 💫💰
@lrvdo
Here's the thing…. It's not about being richer than 75% of the population. It has nothing to do with anyone else. It's about what i can do for myself. Those 75% can get richer than me for all I care. It's not a competition.
@emmanuelernest46
29th Aug 2025 🇹🇿
@jadecleveland865
And i cant even afford a pack of ramen
@knuckleslayer007
I'm commenting again 😂🎉🎉🎉
@sharonali8727
I love your ending
@MeloDroppin30
I watch this time to time for inspiration
@Busines-Tv
NO
@AnIdiotAtHome68
Humanity lost its way. The relentless pursuit of wealth and status has become toxic. And the gap between rich and poor is getting wider by the second. And prices are forever getting higher. How can it be the case that someone can work full time and still have to rely on a food bank to feed their family? Also, a whole generation of people cannot afford to get on the property ladder. A huge chunk of the population have zero savings. This obsession with money has taken over every aspect of our lives 😢
@MrStlover99
Ill buy a nansion on the hills of xapetown and buy a Rimac
@YenLim-s8m
hi amy im lim, yen s lim right now im in concord hospital kirkbride wing, see you.
@shahil__malik9633
My only regret being a billionaire is not being a billionaire.
@ElumHylan
Super entertaining from start to finish.
@noonecares379
This video changed my perspective of what wealth can do.
@GabrielleRush-c9d
Amazing beautiful lifestyle! That comes with….
A lot of material items to appreciate.
@kpec3
But can the rich afford something fancy like eating at Long John Silver?????????
@universalsourcecode
Hey why did you change this video. I absolutely loved the original version.
@CapitalNoirTV
damnnnn so good by its time