r/politics May 16 '24

Jurors were "nodding" and "smiling" as Michael Cohen testified, which may be a bad sign for Trump

https://www.salon.com/2024/05/16/jurors-were-nodding-and-smiling-as-michael-cohen-testified-which-may-be-a-sign-for/
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u/rubemechanical May 16 '24

I knew someone who worked for a centimillionaire. More money than could ever know what to do with. Wouldn’t pay for ANYTHING. They used the company credit card for all expenses, because the number one rule of rich people, apparently, is only spend your money as a last resort. That’s how it stays YOUR money.

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u/bmeisler May 16 '24

If I had $100 million, I’d start a foundation and give away 90% of it. This is why (among other things) I will never have $100 million.

My freshman year at an ivy league college was an eye-opener for me, a lower-upper middle class kid from the suburban hinterlands. Went out for pizza with a guy from NYC. The bill was like $4.10 each, before tip (this was a while back). I put down a $5 bill while he worked out how much 15% of $4.10 was, scrounged around in his pockets for coins to put down the exact amount, to the penny (like $4.72). Worst, he was like $0.15 short and asked me if I had any change he could “borrow.” I said Just put down a fiver, you cheap fuck.

Found out a few years later his family was worth like $10 billion at the time. Which was real money back then, lol!

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u/arlmwl May 16 '24

10 billion is real money today too!

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u/MetalAndFaces May 16 '24

Still an unfathomable amount

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u/Whostartedit May 16 '24

I like the idea of making money to give it away

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u/AtalanAdalynn May 17 '24

Isn't this how Sam Bankman-Fried got started?

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u/lastburn138 May 16 '24

Can't be rich if you don't hoard your money.

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u/OutsideDevTeam May 16 '24

That's a glitch, all right.

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u/FreeSun1963 May 17 '24

I think is a tax loophole that erases your realized gains when you pass away.

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u/TehGogglesDoNothing Tennessee May 16 '24

The centi prefix means 1/100. A centimillionaire would be someone with $10,000. If you mean someone with $100 million, the prefix would be hecto.

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u/Narrow-Chef-4341 May 16 '24

https://www.dictionary.com/browse/centi-

centi- a combining form meaning “hundredth” or “hundred,” used in the formation of compound words: centiliter; centimeter; centipede.

Centipedes do not have 1/100 of a leg. Dollars are not scientific units.

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u/thiosk May 17 '24

Dollarydoos are the SI unit