r/interesting • u/AdSpecialist6598 • May 26 '26
SOCIETY When Chris Tucker learned that his family members were quitting their jobs because they learned that he was making 25 million dollars a year at the peak of his career because they assumed he would take care of them. He told them to go get their jobs back because he wasn't going to do that.
5.5k
u/GForce1975 May 26 '26
Reminds me of Shaq "we not rich. I'm rich"
1.8k
u/vitey15 May 26 '26
Shaq was rich. Now he's wealthy
1.2k
u/Kyosji May 26 '26
Dude knows how to use his money well. He's properly invested so much that he doesn't need to lift a finger to support everyone he knows for the rest of their lives and then some. His net worth is somewhere between 500-700 million right now, and he owns so many different lines of things that he's just set. As for the other person below saying he spoils his kids, he's made it clear he wont give his family money unless they get multiple college degrees and solid business plan for their future before giving them anything. As for spoiling the young kids, that's not the same as paying for their ride in life.
366
u/gymdog May 26 '26 edited May 26 '26
As for spoiling the young kids, that's not the same as paying for their ride in life.
It does, however, make sure that they have opportunities to fail, and have access to people who make sure they succeed.
Edit: commas and my keyboard is broken
236
u/VikingCrusader13 May 26 '26
It does, however, make sure that they have opportunities to fail, and have access to people who make sure they succeed.
It would have been a real easy decision for me to make deciding what to study if I knew at the end of it I had an uncle worth hundreds of millions who would make sure I could afford to live even if my degree was in a low paying field. Half the struggle in deciding what to study is balancing your interests with what pays well enough to survive.
→ More replies (10)99
u/WriterV May 26 '26
And half the battle is with the stress of the existential dread of losing it all and ending up homeless 'cause you couldn't secure a job in time. Like not having that alone massively improves mental health and makes it easier to tackle life.
→ More replies (3)9
u/Winded_14 May 27 '26
or opening new business. When I'm at my lowest(just graduate, no jobs) my yt feed keep recommending me those motivational videos where they're like " open new business, don't be afraid, you're young, with no wife or kids to protect, you can handle 3-4 failures! "
And I'm always like, this money is all I have left to survive before getting jobs! if I fail at starting business from these money, there's no 3 failures, I'm died after the 1st! do these speaker even know the life without even $1 in their bank account+pocket????
→ More replies (1)59
u/ABHOR_pod May 26 '26
True, but at least he's trying to make them work to succeed even if it takes them multiple tries. He's not just letting them fail upwards.
→ More replies (1)42
u/ZekeRidge May 26 '26
A friend from college has a father that owns about 100 restaurants. Everything from higher end to Subways
He wouldn’t let any of his 3 kids work for him until they went out into the world and worked for 10 years in their own career first
None of them ended up working for him, and all have well paying jobs
8
31
u/_andthereiwas May 26 '26
That isn't a bad thing. If I can give my family that chance to try and fail I would.
15
u/Starfire2313 May 26 '26
“Spoiling” little kids but instilling a sense of hard work throughout the entire family is not the same as giving the whole family a free ride and spoiling them.
→ More replies (17)16
u/Another_CatSub_ May 26 '26
Apparently Shaq has a son who plays ball for Sacramento State, which isn’t exactly a rich kid college. He probably came on a scholarship, and its not Cal Berkeley or UCLA so his game may not even be that solid, and his pops didn’t use his name for persuasion
→ More replies (4)23
u/ryanvsrobots May 26 '26
He doesn’t have to use his name, it’s just there by default.
→ More replies (2)77
u/KarmaticEvolution May 26 '26
Shaq was extremely lucky to meet the financial adviser he did very early in his career and has been quoted as saying as such. That meeting might have made the most difference as that wealth adviser really set him off on the right foot.
→ More replies (11)18
62
u/PiccoloAwkward465 May 26 '26
Good for him, that's a great plan. He got his NBA money as seed money for diverse investments. In addition to all the franchises he owns parts of, I didn't know about Google.
Google: One of his earliest and most successful bets. He invested roughly $250k in Google in 1999 before its IPO, which generated an estimated 20,000% return. That would be around a $50 million profit. Jesus Christmas.
→ More replies (1)15
u/ApprehensiveStill412 May 27 '26
I know this is a bit off subject but my aunt is longtime friends with the 7th employee to be hired at Google. They paid for my cousin’s entire college tuition.
→ More replies (2)42
u/TouchGrassRedditor May 26 '26 edited May 26 '26
I mean it helps that he never lost an income source like most athletes lol. He's been retired for 15 years and still gets multi-million dollar TV deals and sponsorships to this day.
Hard to gauge how good with money he is if he continuously makes more money than anyone could reasonably spend
→ More replies (2)49
u/aruisdante May 26 '26
Hard to gauge how good with money he is if he continuously makes more money that anyone could reasonably spend
Figuring out how to continue making money after your athletic career is done is part of being good with money.
Athletes tend to get in trouble because they spend money like those $50mil/year years are doing to continue forever. They don’t plan for what’s going to happen when they stop. They don’t spend time or energy during their career prepping for that. Shaq did. He invested in businesses. He developed an acting career which is part of why he was able to continue in TV. He developed relationships with sponsors to continue being a valuable brand after he retired.
Very few athletes of Shaq’s era thought like that.
→ More replies (7)16
u/TouchGrassRedditor May 26 '26
Okay but you understand most retired athletes weren’t one of the biggest stars and most loved personalities in the history of their sport right?
Like yeah I’m pretty sure any other former player would have taken a lucrative TV broadcasting deal too, but very few get offered the opportunity
→ More replies (8)9
u/RawbM07 May 26 '26
Shaq has a job and he goes to work. Thats why he’s making money right now.
Not every player wants to keep working when their basketball career is over. Some don’t want to work during their career either. There are sacrifices Shaq makes for his job that others wouldn’t do.
Is it a good job and very exclusive? Yea, but it’s still a job.
→ More replies (6)13
u/daemon-electricity May 26 '26
Dude knows how to use his money well.
It was a hard earned lesson. He burned through a substantial portion of his rookie contract in like the first week buying himself and everyone else in his circle some fancy cars.
→ More replies (1)→ More replies (67)22
u/MiaLba May 26 '26
For some reason he loves giving money to and spoiling that weird religious family with like 12 kids. They don’t believe in birth control. The older kids seem exhausted. The mom is white and the dad is black, i think his name is Mandrake or something like that. It’s so odd. Not sure what his obsession is with them.
17
u/MarxistThot666 May 26 '26
KKKarissa mentioned in the wild! Mandrae is her husband's name. I feel so bad for those kids.
→ More replies (2)→ More replies (2)7
u/Tall_Wonder_913 May 26 '26
He used to play ball with the husband. But yea it’s really weird bc they don’t take care of their kids properly and use them as social media props. “Family influencers” with large religious families and teens who can’t read and write are really terrible
→ More replies (16)17
u/MiketheMecE May 26 '26
I can’t exactly remember, was that a Chris Rock joke?
24
u/Kboh May 26 '26
If I remember, the bit was, “Shaq ain’t wealthy. Shaq is rich. The old white dude who signs Shaq’s check is wealthy.”
→ More replies (1)→ More replies (3)9
→ More replies (52)161
u/Useful-ldiot May 26 '26
The thing I love most about shaq is he isn't selfish with it. He does say "we not rich, im rich." But he also says "get 2 degrees to get the cheese."
If his kids get an undergrad and a masters, he'll bankroll their ideas. He also routinely goes into Walmarts and pays off the full... Layaway? I think that's what they call it.
He's incredibly smart with his money but he's also reasonably generous with it.
→ More replies (17)79
u/darewin May 26 '26
Didn't Shaq also fund an affordable footwear brand because he hates seeing kids and teens wearing worn-out sandals and shoes? He even rejected an endorsement offer from a major footwear brand so he could represent his new brand.
36
u/Useful-ldiot May 26 '26
Ya - his shoes are like $40 Reebok's iirc
→ More replies (3)19
u/Fit-Introduction8575 May 26 '26
No besides the Reeboks he had a SHAQ brand at Walmart.
→ More replies (2)12
u/Big_Criticism_8335 May 26 '26
I got a pair of red, white, and black high tops. They were like a faux patent leather style for kids (I'm a small woman) and I never got so many compliments about my shoes as those! I would get randomly stopped by so many "sneaker heads" telling me they liked my shoes. "Thanks!! They're Shaqs! 🤗" I loved em. They were comfy too. Unfortunately, they didn't last very long.
→ More replies (1)→ More replies (2)25
u/Flobking May 26 '26
Didn't Shaq also fund an affordable footwear brand because he hates seeing kids and teens wearing worn-out sandals and shoes? He even rejected an endorsement offer from a major footwear brand so he could represent his new brand.
The actual story according to Shaq is a woman was yelling at him during a game about the cost of his shoes. He went to hand her money to buy the shoes but she slapped it away and said I don't need money make the shoes affordable. He got a hold of whoever his shoe deal was and worked out to make his shoes cheaper. I paraphrased a lot, there is a video of Shaq telling this story on yt though.
→ More replies (2)
4.7k
u/Stay-Thirsty May 26 '26
How to (not) become broke in 1 easy step
252
u/quit_fucking_about May 26 '26
One of the biggest hidden barriers to financial success is having a circle that's bad with money. If I could give any piece of advice, it's that you can have as many poor friends as you want, but don't allow anyone who's bad with money into your life. There's a very important distinction there.
→ More replies (12)54
u/mirageofstars May 26 '26
Well or be very good about not taking advice from anyone.
Because what also happens is you have people in your life that you THINK are good with money, but it turns out that they’re lucky or broke, and then you take their advice, and only later found out that that person is an idiot you never should have listened to.
11
u/quit_fucking_about May 26 '26
That's also true, and a different angle on my thought. I'm thinking more asking the lines of "what will be the thoughts, feelings, and behaviors directed towards you as the financially stable one in the group".
11
u/MabariWhoreHound May 26 '26
Most of the people who've given me financial advice convienently left out the parts where they had thousands in savings from their parents or a fund set up when they were kids. All these people were intensely confused when I pointed out my family simply didn't make enough to let me have a 10k buffer for adulthood. If I have health, gas, or car problems, that was always my next paycheck paying for that and never a savings account.
Rich people really don't get that paycheck-to-paycheck is a literal phrase for us.
1.9k
u/TaxesAreConfusin May 26 '26
chris tucker owes in excess of 10 million dollars to the IRS.
He's the brokest member of his family
1.0k
u/Think_Air9714 May 26 '26
Nah he settled for lil over 3 mil. He still makes residuals from his movies and still does standup, not sure how frequently but he ain’t starving
465
u/IamScottGable May 26 '26
Those movie checks have to be getting smaller and smaller. TNT can't be paying as much to air Rush Hour as they used to
333
u/AshleyTheGuy May 26 '26
There was literally a point in time where this was just TNT’s line up. They always had a Rush Hour movie playing.
190
u/DanceWithEverything May 26 '26
More commonly known as the Second American Golden Age
141
u/Self_Reddicate May 26 '26
Sopranos: 1999-2007
The Wire: 2002-2008
Rush Hour 1-3: 1998-2007
Deadwood: 2004-2006Yep, this checks out. Living through the modern Golden Age of Television with Rush Hour on TNT pulling its fair share of the weight.
→ More replies (17)53
u/bdizzle805 May 26 '26
TNT was my go to for Law and Order.
38
u/IamScottGable May 26 '26
I found your comment very triggering bc I found out my MIL pays $288 a month for cable/internet and all I ever see her watching is L&O and FBI on Ion.
→ More replies (17)20
→ More replies (9)33
u/Deadzonerogue May 26 '26
I love Law and Order. I especially love seeing the episodes from the 80’s and 90’s as it’s the time I graduated High School(94). Seeing all the styles, trends, and what was being talked about in society back then.
Great show.
→ More replies (5)12
u/PaladinHan May 26 '26 edited May 26 '26
I used to chain-binge L&O marathons on TNT as my standard background noise TV consumption. Then I went to law school, became a public defender instead of a prosecutor like I originally intended, and now I can’t stand the show anymore.
→ More replies (0)→ More replies (12)21
u/Toidal May 26 '26
TBS was like that for A Knights Tale for a bit. I've never actually seen it start to finish but I have seen it in its entirety
→ More replies (3)5
32
u/Afraid-East-2955 May 26 '26
was on an international flight 3 months ago that had the 2 rush hour films as part of the media package. So its amazing just how wide old films still get shown across the globe
32
u/Low-xp-character May 26 '26
Just watched the fifth element last night.
18
u/aquestionofbalance May 26 '26
So did we! It was a great movie to revisit!
8
→ More replies (2)10
u/catchthetams May 26 '26
Wasn't nearly appreciated as it should have been at that time.
→ More replies (2)→ More replies (9)9
→ More replies (36)11
28
u/MidnightToker858 May 26 '26
Are you telling me that you can be rich, making millions of dollars, and just not pay taxes and then later agree to a lesser amount? All the while the lower and middle class get what they owe or more taken out of their paycheck and has to file to get back what they didnt owe later?
→ More replies (13)15
39
u/This_is_a_thing__ May 26 '26
My wife took me to see his act a few years ago. Yeah, dude was hurting for money.
42
12
u/supermosy May 26 '26
I found the same thing with both Jo Koy and Fluffy. Went to watch them both and I cringed through both shows. It was a slo-mo train crash.
→ More replies (2)10
u/IamJewbaca May 26 '26
Gabriel Iglesias’s last couple specials haven’t been quite as good. Feels like a lot more of a middle aged rich dude complaining about cancel culture and ‘woke’. The best materials are his retreads. Really too bad.
→ More replies (2)6
u/Substantial-Sky3597 May 26 '26
There's only so much art an artist deliver. Kevin Hart is no longer funny. If we're being honest, neither is Chappelle. And that list goes on and on and on and across genres. Musicians eventually stop making good, or at least relevant music, for example. Rappers lose their edge after success all the time.
It could be they've said all they've had to say and that's it, or it could be that financial success edges them out, or it could be something else entirely.
→ More replies (4)8
→ More replies (1)8
u/Ausstewa May 26 '26
I saw him in Vegas last year. I thought his show was pretty entertaining
→ More replies (1)→ More replies (34)7
u/stink3rb3lle May 26 '26
That's great to hear. I feel like a big IRS debt almost always indicates bad advice from some money professionals.
→ More replies (4)154
u/ChattingToChat May 26 '26
Rich people broke isn’t the same as broke people broke
23
u/Mo_Steins_Ghost May 26 '26 edited May 26 '26
But this isn't about who is rich and who is poor. This is about how families can get greedy... that can happen to anyone. I have seen stories where a minor living in the house has a job and the parents are trying to steal money from them.
Not everyone is loaded. But anyone can be bad with money, and anyone can be greedy, no matter how much or how little they have.
Everyone is different in how they deal with these things. I was more forgiving with my brother when he didn't have money, because I knew he would be good for it when he came around (and now he makes loads more than I do and isn't stingy about it).
→ More replies (7)44
20
u/Mynameisbebopp May 26 '26
Dude makes residuals from Rush Hour 1, 2 and 3.
He is fine.
27
u/stonefree261 May 26 '26
Fifth Element?
→ More replies (7)36
u/LiveShowOneNightOnly May 26 '26
His most important work. He showed us what an internet infuencer was way back in 1997.
→ More replies (5)14
20
u/Willing-Bit2581 May 26 '26
It's funny how most actors go through this....they need the same tax preparer as professional athletes, bc they have to prorate their income in. Every country/state/city they perform or earn that portion of income....otherwise each state tries to tax them as if 100% was earned in their city/state
→ More replies (11)18
u/Mazer1991 May 26 '26
Athletes go broke all the time too. There’s an ESPN 30 for 30 about it called Broke
Really good
→ More replies (2)13
u/RhynoD May 26 '26
You're telling me that people who get recruited as barely adults and handed millions of dollars to perform in front of tens of millions of people mostly to slowly destroy their own bodies and often their brains end up with bad impulse control and fail to manage their money effectively?
Never would have guessed.
→ More replies (3)→ More replies (71)10
u/MediocreDot3 May 26 '26
Idk about you but I'd love to be 10 million dollars in debt. People with 10 million in debt don't end up homeless. If anything it's in the debtors best interest you stay employed and afloat
→ More replies (1)12
u/MaiqTheLiar6969 May 26 '26
If I owe the bank 100k that is my problem. If I owe the bank 10 million then that is the banks problem.
→ More replies (8)32
u/Lundetangen May 26 '26
The correct way is to make a family company, hire them on normal (not excessive) wages, and have them working in a relaxed way to manage the wealth. Close family can be your worst enemies or best allies.
I am part of a small family company. We are not very rich by any means, but a bit above middle class. When I see the more well-off families around very many of them are part of various family companies, where they have been established longer and have managed to integrate more of their members into their company through generations.
What member in the family has a background from economics? Anyone with law? Anyone that can be a driver? cook? Use them for catering for events. Tucker does stand up comedy, so what about starting a small rental company of lighting equipment etc that can be part of his tours?
Having all these small enterprises is what takes 1 rich person and turns it into a small corporate dynasty that can last generations.→ More replies (6)28
u/towelcats May 26 '26
Crabs in a bucket. I'm Hispanic and my mothers cousin has a bakery and restaurant. I brought up starting a family business and everyone's spouses said no. "Why do you want to get everyone involved when we could do it ourselves" fast foward, no one did anything.
→ More replies (3)8
u/nand0_q May 26 '26
As a Hispanic this hit home for me.
My family can’t work together to save their lives. They’re very much in competition with each other and celebrate when the other loses.
Learned the hard way.
→ More replies (1)→ More replies (17)4
1.5k
u/GreatUnspoken May 26 '26
This is not an unusual story. Anna Nicole Smith's family hounded her for money constantly, crying and calling her selfish when she wouldn't pony up because she knew for a fact they would blow it all on drugs. And Oprah's talked about how a relative of hers said she should be supporting them, because being Oprah's nephew (or niece, or something like that, I forget how they were related specifically) but still having to have a job would be "embarrassing."
526
u/Training-Current9836 May 26 '26
They all have this "i would do it if i was you" nonsense. I go thru the same thing and im not even a millionaire.
161
u/patrickstarismyhero May 26 '26
And they would never get their hands on money because they really would spend it all and give it away the second they had it
→ More replies (3)86
u/troy2000me May 26 '26 edited May 26 '26
Exactly, get the same shit because I have an emergency fund and am funding my 401k and Roth IRA. Like "you have it, right?"
And? Just because you blow it all on poor decisions doesn't mean I have to use my money to support you. Over and over. The kind of folks that would be broke if they made a million a year.
90
u/Psyco_diver May 26 '26
My father in law screwed us, my wife gave him one of our credit cards to help through a tough time by his doing. This man jokes about how of he makes a l dollar he will spend two because you can't take it with you. We'll he maxed the credit card out and refused to pay it back because we're family. It's been 10 years and I still fucking hate him for that
→ More replies (5)70
u/Nuggyfresh May 26 '26
I hate to say it but that sounds self inflicted, giving someone a credit card? good grief
61
u/Psyco_diver May 26 '26
I didn't know, my wife trusted her dad and she gave him the card without telling me. I was mad at her but I saw how betrayed she was. I can't imagine ever doing that to my kids
34
→ More replies (2)28
u/Training-Current9836 May 26 '26
Ive had someone say "WELL U SHOULDNT HAVE GOT THAT CAR IF U CANT AFFORD IT"
Im i can afford all my bills just find, i just cant "afford" YOURS!
13
u/Sadiholic May 26 '26
Same. We have money, but its cause we save money. Not cause we make so much. My family see us travel and think we're rich and our jobs pay us a lot. When in reality we're budgeting every week and saving every little penny we can to make it possible. I know my family would have a ton more money to spend if they didn't waste it on buying used trucks from shady places, getting in debt with klarna or using all their money on weed or out food.
→ More replies (1)11
u/Smooth-Relative4762 May 26 '26
Once I got a job title that sounded like money, people started coming out of woodworks. I make enough to (hypothetically) be the sole household income but by no means the kinda money ppl think I make. Or amounts where I could just "donate" ppl money for their hobby projects.
11
18
u/Gabriel_214 May 26 '26
I go through the exact same thing and I’m poor. It’s like you pay for people’s night out once and then they expect you to pay every single time your out together
→ More replies (1)12
u/Smooth-Relative4762 May 26 '26
Ive had friends expect me to pay more because I make more. It's my money, not our money.
→ More replies (9)6
u/theevilyouknow May 26 '26
My family still fights me over the check for dinner even though I make way more than them. Granted my mother and her husband has a ton in their 401k's, but it's not like they wouldn't be leaving that to me and my brother anyway if anything happened. Fortunately, they're going to live forever though.
5
7
u/PretendRanger May 26 '26
No one in my family knows how well off I am. And by well off I just mean havine a decent savings that is slowly increasing, can got out to eat occasionally, and can make a one off splurge purchase if I wanted to without really worrying about it. Not rich by any means. Just very comfortable.
If my family figured out how comfortable I was they would be on me every week. I will get a request every few months and will help out occasionally. But I will also tell them that I don’t have any money til my next check and was about to see if they had money I could borrow just so they don’t get it in their minds how comfortable I am. I hate I have to play games but they don’t make it easy.
→ More replies (2)13
u/LolitaOPPAI May 26 '26
Always got their hands out during holiday time for presents, but tax season rolls around and they have a second Christmas. They never get you anything, of course, but you're their emergency fund right before school starts.
11
u/Training-Current9836 May 26 '26
Yep expect u to give out thousands in chirstmas gifts, while they give me a 2pac t-shirt 5 years in a row.
I told my family i converted to islam
→ More replies (1)→ More replies (25)4
u/billbixbyakahulk May 26 '26
When I'd saved 10k between the ages of 15 and 19 working every kind of low level job you could think of, my first girlfriend, who spent every nickel she ever got her hands on, gave me the "I would do it if I was you" speech. But better to learn that lesson when I only had 10k to lose... Cause let me tell you, people with their hand out believing it's the world's job to fill it will never stop coming.
21
u/DreadyKruger May 26 '26
I mean you don’t need to be even close to rich. Friend of mine makes good money not great but him and his wife bought a nice house. Her family swore they were rich because they are dead broke.
My friend purposely moved 8 hours away from her family because of how they are. They still would show up basically unannounced and stay a week. They would ask them for money to get Christmas gifts for cousins and nephews. Again they were rich. This eventually led to them getting divorce.
109
u/LamaDelReyyy May 26 '26
Oprah is worth $3.4 Billion. When you're apart of the .1% wealthy, I'd expect her to be taking care of her extended family. We can't actually understand how much a billion dollars is, we just think of it as a million but more. In reality it's way way more. Btw Fuck Oprah!
66
u/likwidkool May 26 '26
1 millions seconds is like 12 days. 1 billion seconds is 37 years. That’s the gulf between million and billion. She can certainly take care of her family and not even feel it.
49
→ More replies (27)9
u/lateformyfuneral May 26 '26
Obviously, this isn't about the money, but about family dynamics. At any scale, the relationship can get weird. If she gifts a family member a couple hundred grand, you can be sure they will move into a more expensive house, buy things that need more maintenance, so next time the gift will need another zero. Without a job, any ongoing expenses will have to be incurred by the only person who has one.
And you will have people who treated you or your parents terribly growing up, or who even cut you off, coming out of the woodwork now hoping to retire at 25. Your bank account might not feel it, but you might feel something.
You can say 1 million would be like me giving a friend 20 dollars, but friendships have ended for even less.
→ More replies (4)16
u/SmoothLester May 26 '26
IIRC, that stuff with some of her family started when she got her nationally syndicated show, so before she bought a mountain and became a billionaire.
Fuck Oprah, but that family might also be trash. She was abused and who knows who supported her and who stood with the abuser.
13
u/Soggy-Age4686 May 26 '26
Most people when given money they didn't earn will blow it on dumb shit. Source: Have family who have done this when given money and seen all the stats on lotto winners too.
The sad reality is most people who don't have money don't have it because they can't keep it, not because they can't earn it.
→ More replies (3)8
u/mechapoitier May 26 '26
I’d bet her fear is that odds are she gives money to say 20 family members, one of them is getting into “we break thumbs” level gambling debt immediately and she wants no part of bailing anybody out of that.
→ More replies (38)29
u/Training-Current9836 May 26 '26
If she chooses to, fine, but nobody is entitled to someone elses money
Also oprah was molested by her family
→ More replies (61)7
u/Ki-to-Life-5054 May 26 '26
It's not unusual even for working people. I have a friend who works as a teacher making 65k and constantly gets asked for money by poor family members. My friend is still paying off student loans and can't even afford an apartment.
→ More replies (29)48
u/Optimal_Whiner May 26 '26
Oprah is just evil. She shouldn't even be referenced unless it's to share her selfishness or evilness.
I recall my wife watching Ellen years ago. The two witches were talking about the California wild fires and shit. Oprah changed topic from people's homes being lost/damaged to her vineyard being destroyed. This was a bigger deal than families losing everything to her.
→ More replies (13)19
u/Doozy312 May 26 '26
I was waiting for the example of how evil she is, and that was kind of a let down. Of course if the fire burned down her vineyard, it's natural to mention it, even if it's a very rich-person thing to have a vineyard (and people who depend on that vineyard being there for a job, by the way). Does that mean that she thinks it's "a bigger deal than families losing everything"? No, of course not - that's you inferring that, which is quite a jump.
→ More replies (15)
861
u/Crafty-Parsley-947 May 26 '26 edited May 26 '26
If I make that type money only my immediate family
is getting help. I will make sure my mom dad and siblings are good. If you're my distant cousin Im only coming out of pocket if its a medical emergency.
220
u/take7pieces May 26 '26
If it’s me, probably I will help my parents, not my “I can’t find a job and I only talk to you when I need money” brother, then my cousins and aunts.
→ More replies (34)47
u/BJYeti May 26 '26
Brother and SIL work but if I made a shit ton of money I would pay off my brother and SIL medical school debt in a heart beat because I know they would work regardless but helping them pay off a lot of debt would be the least I could do for them. Parents have a decent size retirement fund so I would be there if they need me but they wouldn't
18
u/bscott9999 May 26 '26
Paying off a debt that they won't immediately recreate, like medical school debt, is an excellent use of wealth. It is an immediate, one time windfall that will make their lives so much easier.
→ More replies (1)25
u/ogaat May 26 '26
When you become rich, a lot more people discover that they are your immediate family
- That third cousin who never gave you time of the day
- Your neighbors
- The friends who used to mooch on you
- Your third grade bully
All of them will now be your closest and bestest friends.
Even further, even Internet strangers will discover a newfound love for you/
→ More replies (12)4
u/Anime_axe May 26 '26
They don't get to make that choice for you, though. They can call themselves "immediate family" or "best friends" but if you don't see them that way, they just aren't. You can always draw a line and stick to it, even if it requires cutting some people out of your life.
→ More replies (2)39
u/XanaxAndAk47s May 26 '26
I'm giving everyone in my family 1 million and telling them never ask for money again
21
May 26 '26
[removed] — view removed comment
→ More replies (2)28
u/CrazyCalYa May 26 '26
That's why you don't give them $1m, you set it up in a trust and pay them a salary using the interest (e.g. $50k/year) with the ability to borrow against the trust for preapproved purchases (e.g. education, buying a home, medical expenses).
11
u/PiccoloAwkward465 May 26 '26
That would be sick. Imagine an extra $50k a year.
My rent is about $25k a year. I'd have essentially all my bills paid with that. I probably would quit my job and get a different degree or a higher degree in college.
Or I could be like Tracy Jordan's scammer "son" on 30 Rock and open a passion project - A place where you can buy pictures of celebrities printed on money. I'll call it... Starbucks.
→ More replies (1)5
u/nihility101 May 26 '26
I saw one set up where it paid out what they made in a year (presumably up to some amount), effectively doubling whatever the salary was. Thereby helping, but also encouraging.
→ More replies (3)→ More replies (11)30
→ More replies (41)6
u/Total_Network6312 May 26 '26 edited May 26 '26
ya seriously imagine just giving away 0.2% of your annual income so a family member doesnt have to work.
Like i need that fifth of a percent and it's worth you having to work a job you hate every day.
Of course keeping in mind that 1% of your income is about 2.5-3 work days.
So like, an annual salary for an average person would be half a workday for Chris lol
→ More replies (5)
332
u/Trekgiant8018 May 26 '26
I made a lot of money and was able to retire in my 40s. It was amazing how many family and friends came expecting money to fix their problems. I tried to help people out with loans. It changes the entire relationship. They thought I was judging them, monitoring them, watching their spending and felt they had to justify it to me. I didn't care but that never mattered. I started just giving money to people in need. I told them if they didn't have the money now, why would they have it in a month or two? Just take it, no worries. Didn't matter. It was a dark cloud over every encounter. Just quit doing it.
154
u/toofabforfanghorn May 26 '26
Only lend out money you’re expecting not to get back. That was my lesson
12
u/billbixbyakahulk May 26 '26
I "lend" a relatively small amount. Of course I don't get it back. When they ask again, I say, "Sorry, you didn't pay me back the last time", and they go away. Only my brother tried claiming he never borrowed from me in the first place. He was so convincing he even got me questioning. Unfortunately for him I always send an email to confirm it.
→ More replies (3)11
u/sdeanjr1991 May 26 '26
This. I’ve had loans destroy one of the best friendships I’ve ever had. Even my ex wife still borrows, but at the end of the day…I kiss the money goodbye now. What makes you think you’ll be fine to pay me out of next paycheck when you’re short on this one? All it does is cause a cycle of being short the cash on your next check, meaning you’ll possibly be stuck taking loans from me until you get a magical windfall or a tax refund. It’s just not healthy for people you’re close to.
→ More replies (2)→ More replies (16)10
u/zxvasd May 26 '26
The non payment of the loan gives you a reason not to loan to them again.
→ More replies (3)27
u/Constant-Plant-9378 May 26 '26
The best way to remove a tiresome person from your life is to loan them money.
11
→ More replies (44)5
u/No_Accountant3232 May 26 '26
I asked for money from a friend when I genuinely needed help. When I was finally able to pay it back in full (about 5 months late) he told me not to worry about it. Then he never talked to me again. I was waiting for a big check to come while I was injured and unable to work. It's always made me feel like I was punished for getting hurt and that was my payoff to go away.
→ More replies (3)
336
u/AdeptVeterinarian541 May 26 '26
Good, if he allowed that he would forever be drowning financially and would be bouncing from one crappy movie to another to keep the party going like Robert Deniro (who is an idiot who owes millions to his ex and children even though they are all adults).
→ More replies (13)116
u/HoomerSimps0n May 26 '26
Isn’t that essentially what happened to Tucker though? His net worth is in the gutter for being one of hollywoods highest paid actors at the time…now going around doing standup comedy to make the IRS happy lol.
→ More replies (7)90
u/Training-Current9836 May 26 '26
Because he took like a 20 year break like a doof.
75
u/dontKair May 26 '26
and got his "tax advice" from Wesley Snipes apparently
17
4
→ More replies (3)21
u/aw000000000000 May 26 '26
I mean, that played a part. He also didn't pay any taxes, and had huge penalties.
He also lost a ton in real estate in 2008.
He's still "valued" at $5m, but that's a far cry from where he was.
→ More replies (5)
45
u/MissMoxie2004 May 26 '26
Why would anyone do that? Leave their job because a family member started pulling in money with no promise of anything from them?
There’s a trope in movies called “the rich aunt.” You know the trope: the whole family is poor. They make no effort to improve their circumstances. But one of them went to college and built a successful career as… something. (Usually a doctor or a lawyer.) So they treat this persons personal income like community money and play them up to be the bad guy when they have to say no.
→ More replies (2)8
u/billbixbyakahulk May 26 '26
It's to guilt and pressure him. Can't do that if they still have a job they can go back to, the stakes are lower. And of course, some of them can't go back, so now it's "his fault" if he says no. You can also bet they threatened to go to the media with tales of "Chris abandoned us!"
→ More replies (3)
118
u/Vahuo89 May 26 '26
The brain gymnastics needed to be so certain that you somehow feel entitled to the money made by a relative...
And quitting your job too as a result!
Jeez
→ More replies (9)57
May 26 '26 edited Jun 15 '26
[deleted]
→ More replies (29)20
u/_trashcan May 26 '26
That’s being frustrating.
I can understand bringing family over most weekends to hang around the pool, have a meal, spend time together.But just coming over? In-laws at that? Can’t imagine there’s much love & bonding going on.
That its so fuckin annoying!18
26
u/Quasi-Kaiju May 26 '26
A large portion of lotto winners go broke the following year because they help their mom, and their friends, and their church. Then they find out they got put into a higher tax bracket and spent all the money.
12
u/transemacabre May 26 '26
I read an article about some of those lottery winners. One had bought a car for the gas station attendant lady who sold him the winning lottery ticket. A nice car, it's a nice gesture and all.
Well, word got out and people assumed he'd given her more money than just buying the car. SHE almost got kidnapped by some lowlife who thought he could shake her down for the nonexistent riches he assumed the lottery winner had given her!!
Imagine being given a nice vehicle as a kind gesture from a lottery winner, and fending off kidnapping attempts because people are like "oh I KNOW he gave you more than that, gimme."
8
u/Quasi-Kaiju May 26 '26
I've heard the best thing to do is invest live off the dividends or have it supplement your income if it's not never work again money. Tell no one and if anyone finds out tell them you have a money guy who has to approve of all transactions so you offset blame from you to sorry my accountant says no.
→ More replies (2)
300
u/Sdwingnut May 26 '26
What a terribly written title
57
49
u/RetroCasket May 26 '26
Scranton Area Paper Company Dunder Mifflin Apologizes To Valued Client Some Companies Still Know How Business Is Done.
→ More replies (1)→ More replies (11)3
50
u/TheBSQ May 26 '26
It’s not just the very-wealthy. Just in personal experiences w/ working class family members and my professional life in low-income communities, if you have even a whiff of success you get hounded by friends & family to give them money cuz “you’re rich” (and the bar to be considered “rich” in low-income communities is really low, like just a standard college-educated office job).
It’s also often paired with a mentality that your life is super easy. Like; some people who’ve never known someone who’s gone to college have absolutely wild notions about college. They think colleges find jobs for you, or companies just call you with offers & you take what you want, or that you’ll get a job offer for any job you apply to, and that the jobs you get don’t involve actual work. You just show up & they pay you and you don’t actually have to do anything or know anything.
That’s part of what feed the entitlement, that idea that anyone could do these do-nothing easy jobs and be “rich” but the world unfairly denies them that easy life, so you’re kind of morally obligated to offset that by giving them this easy money that you don’t have to do real work to earn.
That, or you should hook them up with one of these easy do-nothing jobs, be it acting or office work. They could do it too & you’re an asshole for not hooking them up, and a lot of “oh, so you think you’re better than me?!”
→ More replies (8)8
u/cp78257 May 26 '26
And when I’ve pulled favors to get people interviews for an entry level job half the time they show up stoned, late, or disheveled and can’t do the minimum to land the interview. It’s embarrassing, I don’t recommend anyone for anything anymore.
→ More replies (3)
35
u/TheBSQ May 26 '26
A bit of a tangent, but thematically related, you’ll sometimes see a low income community that’s predominantly one cultural or ethnic group, but many of the local businesses that cater to it will be of a different group, often times immigrants who fewer ties to that neighborhood.
This confuses some people because often those immigrant shop owners are no better off economically than the communities they serve & the question becomes “why aren’t people from within the community owning & operating the local stores?”
And part of the reason is that when from-the-community people try to run businesses, there’s often immense social pressure from friends and family to give them free stuff or offer them a discount & undermine the economic viability of the store.
So, it only works if you have an outsider who doesn’t get that kind of pressure & will say no.
But, this can also create tensions as the local community can feel like the “outsiders” are ripping them off, and that outsider status may also increase the risk of armed robbery, shoplifting, etc. since the local community doesn’t see them as part of that community.
20
u/Murky_Conflict3737 May 26 '26
Don’t forget the pressure to hire your cousin’s son’s best friend who sits on their butt playing games all day and you know will steal stuff.
Saw this with a friend who’s brother pulled himself out of the trailer park by building a successful mechanics business. Ended up estranged from everyone but his sister because they tried to treat his company like the family’s personal employment agency.
→ More replies (6)5
15
May 26 '26
[removed] — view removed comment
6
u/transemacabre May 26 '26
You would not believe how ENTITLED people feel to their family member's money.
My surrogate dad is a forensic accountant, and this is one of the things he does: track missing money. 9 times out of 10, if you're missing a million or two, it's your family member, personal assistant, or best friend siphoning off you. He's caught people charging whole ski vacations to their relative's account "because what's mine is mine, and what's yours is mine, too."
Some of it is just that family members are the most likely to know your SSN and stuff to take out a credit card in your name.
→ More replies (1)3
26
u/Silver_Mine6482 May 26 '26
😂😂😂my BIL makes bank, his family started pulling this crap. Christmas came and there wasn’t a single gift for his family. They all got bills for the crap he covered for them that year
7
u/ShopSweet6798 May 26 '26
The audacity of his family to just quit their jobs without at least having a discussion with him!
→ More replies (1)
8
7
u/ThisRapIsLikeZiti May 26 '26
He told them to fly to Saudi Arabia to get their own blood money bag.
6
u/ConnectKale May 26 '26
I got a modest inheritance, like enough to catch up retirement savings and have a little fun. You’d think hearing my family I am a selfish, self centered human, who doesn’t care about them. God help me if I ever won the lottery.
60
u/Pension_Zealousideal May 26 '26
He was like half joking, don't make the title sound so damn serious and villainizing
68
→ More replies (5)11
38
u/Workman44 May 26 '26
I get that you are under zero obligation to, and I'm only speaking for myself here. But you better goddamn believe if I'm making that amount of money a year I'm taking care of my immediate family and close friends with a paid off vehicle of their choice and a house of their choice. You best believe my loved ones will not have to stay in this rat race any longer than they need to
36
u/Athildur May 26 '26
There's a big difference between you using your money on your family because you want to, and your family practically demanding you fork over the cash because they feel entitled to it. Just by virtue of knowing you.
If I had lots of money I wouldn't think twice about helping out family. But I would start to feel weird if they kept coming for me and assuming I'd start paying for everything in their life. And then when you finally do say no, they will get upset because now they've become accustomed to a lifestyle they can't afford.
I've seen it often enough, but money really does significantly change the dynamics between people, and can easily destroy relationships you've spent a lifetime building. Families have broken over things like $1000 (probably over less), it's crazy.
I've read financial advisors who help people with sudden windfalls that will advise if you're going to hand out money, it's best to hand out a lump sum at the very start and make it abundantly clear there isn't going to be more. It shows generosity, and it sets clear boundaries.
→ More replies (2)17
u/pale-ivy May 26 '26
That’s great. But then next year they’re asking for a better house or a boat or another car or cash. And then they’re asking again, and then they’re mad that so-and-so got something they didn’t get, and then you’re the bad guy if you say no. Then your distant unrelated relatives are trying to jump on the gravy train.
→ More replies (13)13
u/PerformanceOk9891 May 26 '26
Letting an able bodied person who’s not retirement age quit there job and become dependent on your money is not “taking care of them.” Its pretty much the opposite
→ More replies (23)→ More replies (46)4
u/___--_-_----___--__- May 26 '26
How does giving them a free house and car exempt them from the rat race?
→ More replies (1)
5
5
3
u/OkElk672 May 26 '26
As he should. Assuming that you can quit your job because someone else is wealthy is insane.
4
•
u/AutoModerator May 26 '26
Hello u/AdSpecialist6598! Please review the sub rules if you haven't already. (This is an automatic reminder message left on all new posts)
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.