this post was submitted on 29 Feb 2024
57 points (95.2% liked)

Economics

503 readers
201 users here now

founded 2 years ago
57
You now need a net worth of $5.8 million to be among the richest 1% of Americans, report finds (fortune.com)
submitted 11 months ago by [email protected] to c/[email protected]
13 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 11 months ago (1 children)

Don't even get me started on art, watches, and jewelry.

Right? Sure they're valued at whatever, but who are you going to get to actually pay that much without a storefront to sell it for you?

[–] [email protected] 1 points 11 months ago (1 children)

The old "get it valuated by a paid expert then donate it to a museum for a tax break" trick.

[–] [email protected] 1 points 11 months ago

I doubt the museum is interested in my Citizen Eco Drive watch. Haha!