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To: Selkie
Foolish list or, more precisely, a foolish title. Forbes should have called this "How Much Does It Take to Live a Fortune 500 CEO Lifestyle?" All of the examples not only assume two homes; in most cases, both homes are assumed to be in the seven figures. Plus luxury rates on cars, tuition, travel, etc.

I suppose Forbes knows its readership. The demographic described in the article is the top one-half of one percent or so of the income distribution. The typical Forbes reader is probably in the $100-200,000 range and aspires to much more.

9 posted on 07/04/2005 9:30:00 PM PDT by sphinx
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To: sphinx
Ah excellent point, but still it's given several friends of mine and their poor beleaguered husbands semi heart attacks.

I tried to ressure them that the Forbes article was fairly ludicrous but they're convinced they now need much more money.

Think I'll show them this thread to calm them down.

14 posted on 07/04/2005 9:37:22 PM PDT by Selkie (I)
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To: sphinx

Not really Fortune 500 CEO territory... For example, I have a friend who happens to live in Greenwich, CT, and interestingly enough, has a vacation home on Martha's Vineyard just like in the article, and a family of five, with all of the kids going to private schools, and a couple of cars, and a boat, and while he does work for a Fortune 500 company, with a decent position, he is taking home nowhere near what the top guys make, or the tier below that, or probably even the four or five tiers below that (and yes, I'm sure that it's a struggle to pay the bills for all of that, but it's not a lifestyle that only the few at the very top are living)...


18 posted on 07/04/2005 9:42:44 PM PDT by Zeppo
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