Rich People Who Rich Right: A Deep Dive

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Thanks to Betterment for sponsoring this video! Get started, be invested, Sign up in minutes: https://www.betterment.com/influencer/the-financial-diet?utm_campaign=INF&utm_medium=paid_social&utm_source=Instagram&utm_content=tfdinvesting Schedule a FREE consultation call with Advisor today and never make another financial decision alone! Get $500 off your first year with them by signing up through TFD. Take this short quiz to get started: http://bit.ly/4lESffS In our August 2025 video essay, Chelsea dives into some problematic discourse we've been seeing online lately: categorizing the ultra-wealthy by whether or not they "rich right." From Becca Bloom to Kylie Jenner to a million rich kids in-between, what does it mean to be a rich person who riches right? And why does gen z idolize some nepo babies while hating others? Special thanks to: Kara Pérez https://www.instagram.com/webravelygo/ SOURCE LINKS: https://inequality.org/facts/wealth-inequality https://time.com/archive/6719739/the-war-against-feminism/ https://money.howstuffworks.com/10-effects-of-deregulation.htm https://www.reuters.com/business/retail-consumer/jeff-bezos-lauren-sanchezs-celebrity-venice-wedding-facts-figures-2025-06-24/ https://www.cnn.com/2025/06/27/style/jeff-bezos-lauren-sanchez-wedding https://edition.cnn.com/2020/01/19/business/oxfam-billionaires/index.html https://www.buzzfeed.com/meganeliscomb/pretending-to-be-rich https://www.wsj.com/economy/high-earners-financial-fragility-871a4aa4?gaa_at=eafs&gaa_n=ASWzDAjlJYBxzO-Rp5Rmjx3eOItkrwxaakyI1iAnaMandj3Q4RzRLj_89ejRfqNqdg%3D%3D&gaa_ts=686f1e89&gaa_sig=fj0N1H9Q4NEoSNRP3MWiaB83oxhTLoFWukIk55AkKtsYsGB3sNtjxVu08ObUrho0KzJqt9jk5Jk_B97A345ZFQ%3D%3D https://www.chalkbeat.org/newyork/2024/10/16/nyc-high-school-admissions-sorts-students-by-race-poverty-and-disability/ https://www.usnews.com/news/best-countries/articles/2020-09-11/a-global-anomaly-the-us-declines-in-annual-quality-of-life-report 00:00:00 Intro 00:02:10 Ad break 00:04:26 Intro resumes 00:18:07 Are we back in the 80s? 00:24:10 The Bezos wedding 00:27:42 The false promise of "taste" 00:33:43 Who is "riching right"? 00:49:44 The real markers of wealth 00:53:55 All of this is a distraction Join this channel to get access to perks: https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en