Why Don't Rich Guys Invest In Fashion?

[Project_BelAir]

Seriously..blows my mind how a guy can be making millions of dollars a year, buy $500k cars, and own 4 mansions but still wear a discount suit.

I would be dressing like this everywhere I go:

http://pure-evil.tumblr.com/

and not like this:

[Thanatoz]

Seriously..blows my mind how a guy can be making millions of dollars a year, buy $500k cars, and own 4 mansions but still wear a discount suit.

I would be dressing like this everywhere I go:

http://pure-evil.tumblr.com/

and not like this:

because they realize fashion is over rated and for *******s

[clungebrah]

There's no need to try and impress if you are actually bossing it.

Also most rich guys through business will be fat

[wollo7]

the only mega rich people I know, via my father, albeit not a whole lot, all seem to not waste their money on frivolous things which is what helped them get that rich. So unless they actually cared about it, or realized its a good investment, they didn't spend money in it.

but then again, i don't know many, and I'm sure many mega rich folks do care.

[ocpunkelite86]

Why spend money on something so stupid...

brb trying to waste time looking pretty instead of actually running a company

[CubsGuy17]

I'd still wear basketball shorts and t shirts

[ThaWhistle]

my dad makes an ass load of money(actuary) and he will still wear shirts he still rocks 30 year old suits. fashion changes too much, its a great way to waste money. you can buy mostly timeless stuff, treat it well and itll last decades. you dont get rich by blowing money at every oppurtunity. Rich people love bargins, because thats how they accumulate money most of the time.

[Ghadz]

That's a pretty sick fashion tumblr (no homo)

[sgregor249]

because there's no return on clothing

[Summering]

Warren Buffett. Respect.

[mrawdtsi]

lol @ paying more than $40 for jeans.

[MiKey4]

Wouldn't it look pretty strange for some fat old rich guy to start wearing preppy stuff like that?

[SpartacusNYC]

I always say this too.

My mind is BLOWN every time I see a news caster who is wearing an ill fitting, baggy suit

I'm like ....



You're on TV damnit. Clean it up

[puremb]

Id be willing to bet that a lot of rich guys don't like the monkey suit and would rather just be wearing some comfortable clothes so they can focus more on making money.

[LaVacaMoo]

Mehh don't even bother with it OP. Let those of us who want to dress well dress well and let the other guys look like shet so it can make us look better

[Lowlander]

I always say this too.

My mind is BLOWN every time I see a news caster who is wearing an ill fitting, baggy suit

I'm like ....

I lol even more when they're with their 8/10 wife who they think is with them for their looks and charming personality.

[BigFoigg]

To everyone above me… cars are depreciating assets too. And there are always new ones that reduce the value of the old ones. So why do the mega-rich buy so many expensive/different cars? Srs, you can pick up a Ferrari 360 in my area for around $120k when it retailed for much more new

[Feelsgdman]

Because only wannabes care about fashion, while the real ballers are too rich to give a fuk wat they're wearing or what others think of them

[mrawdtsi]

Mehh don't even bother with it OP. Let those of us who want to create the illusion of wealth by dressing well dress well and let the other guys look like shet so it can make us appear wealthier than we are.

fixed

[Bmoy21]

the only mega rich people I know, via my father, albeit not a whole lot, all seem to not waste their money on frivolous things which is what helped them get that rich. So unless they actually cared about it, or realized its a good investment, they didn't spend money in it.

but then again, i don't know many, and I'm sure many mega rich folks do care.

strong this. their still rich because their not out buying stupid ****.

[theyseeme]

While you spend all your money on fashion and sneakers and stupid **** to make yuo look fancy he invested his money when he was younger and now he is balling


priorities, learn yours

[LaVacaMoo]

fixed

I don't get it. Who says i want to showboat wealth? Why can't i simply want to look good?

[ThaWhistle]

To everyone above me… cars are depreciating assets too. And there are always new ones that reduce the value of the old ones. So why do the mega-rich buy so many expensive/different cars? Srs, you can pick up a Ferrari 360 in my area for around $120k when it retailed for much more new

I live near Greenwich, Connecticut, which Id imagine most US/north east brahs will recognize as a land of suit wearing billionaires. Hondas everywhere. You can drive by houses worth 10mil, and see a pair of 5 year old accords infront. then across the street, an aston martin and an old grand cherokee. rich people have strange buying habits.

[ImHuge07]

Despite popular belief many millionaires are frugal as hell. This is how they became rich and even though they are now millionaires they still will clip coupons from the paper to save 50 cents at the grocery store. Many of them preach that defense (saving money) is more important to getting rich than offense (amount of income), although it helps when you are making $100k+ a year.

[BigFoigg]

I live near Greenwich, Connecticut, which Id imagine most US/north east brahs will recognize as a land of suit wearing billionaires. Hondas everywhere. You can drive by houses worth 10mil, and see a pair of 5 year old accords infront. then across the street, an aston martin and an old grand cherokee. rich people have strange buying habits.

I guess you're right lol. Reminds me of when I bought my first car in Yaletown, Vancouver (brb no home is under 1.5 mil)… it was a 2004 Honda Civic from a young couple who were in finance together. Their other car was a Maserati, strong wtf. At least they gave me a massive discount because I was a student lol

[nervy]

Lloyd Blankfein is the worst example you could have used, OP.

[Lowlander]

Despite popular belief many millionaires are frugal as hell. This is how they became rich and even though they are now millionaires they still will clip coupons from the paper to save 50 cents at the grocery store. Many of them preach that defense (saving money) is more important to getting rich than offense (amount of income), although it helps when you are making $100k+ a year.

What's the point in getting rich if you're not going to enjoy it? So you can buy your wife fancy clothes and jewellery?

[QT]

Where has that misc fashion thread gone?

[dsmninja]

Want to be a millionarie? Don't spend money like a millionaire. Atleast that's what all the wiser rich old guys say.

[nervy]

I'm losing brain cells reading the responses in this thread. The reason why you don't see Lloyd Blankfein (the wallstreet executive in OP's picture) wearing tacky hipster-looking designer clothing is because 1) he's a grown senior 2) he works on wallstreet and would be tainting goldman sachs's image 3) life isn't a fashion show for him, he isn't some brain dead athlete but instead he's an executive of a commerical bank that has nearly 1 trillion dollars of equity and $30bn of revenue.


ps - if you think the suit he's wearing is "cheap" then you are sadly misinformed thus deeming the responses in this thread (oh, they're all frugal) irrelevant. his entire outfit is probably nearing the yearly salaries of some miscers on this forum.