this post was submitted on 31 Mar 2025
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millionaires are way above middle class, middle class is usually around depending on area, is 50k-100k.year. millionaires are way above that. they usually buy multimillionaire(5+million) dollar homes, and often sometimes have multiples. actors,c elebrities are hundred millionaires, they are very wealthy individuals, billionaires are just obscene.
You're missing their point, they're saying from the point of view of those in power millionaires are middle class.
Although there are some that distinguish a "managerial class" that is in-between the middle class and the billionaires : people like CEOs and such, with net worth in the tens of millions but who are not those who benefit the most from the system and are culturally distinct. I think it's a useful concept personally, as their interests aren't necessarily the same as the owner class but they still have a lot of political power.