50mil/year passive income puts u at the billionaire level. Obviously they are not going to describe themselves middle class. I do believe the commenter is referring to people making 200-1000k+ and still calling themselves middle class.
My point is that people making 200k-1000k are closer to middle class than billionaires. So it makes sense to me why they don't group themselves with the billionaires.
Anyways, I think the answer is just based on how you want to define middle and upper class.
cthaeh|7 years ago
JSDave|7 years ago
Anyways, I think the answer is just based on how you want to define middle and upper class.