The God of Wealth: Her Top Game of Thrones

Chapter 1179 The Dilemma of Upper East Side Socialites

That's right, Edmund's internet speed seems to have reached 10G by this time, or rather, he was cruelly left in the US region by Tang Tang, so he had secretly started paying attention to their social media.

It must be said that Edmund did make the right decision.

Compared to Tang Tang, who often forgets about her social media and has it almost entirely managed by the system... Caroline is truly a social media fanatic!

Logically speaking, most of the socialites and heiresses from the Upper East Side can be classified as Old Money, and these families are generally very low-key.

But Caroline is an exception.

The power struggle within the Kensington family is quite complex. Caroline received a large trust fund and various gifts while her father was still alive. In fact, Caroline's personal assets currently far exceed those of her eldest brother, who is the heir.

Caroline's personality was not suited to such power struggles, so her loving father gave her enough wealth to squander for a lifetime.

In order to prevent her from being deceived or encountering other accidents, in addition to her liquid assets, she was also given a lot of fixed assets to prevent any unforeseen circumstances.

Caroline is now the freest person in the entire family because she has acquired a large fortune and does not need to wait for inheritance, and no one in the family can interfere with how she uses her assets.

Therefore, Caroline can be said to be independent of the Kensington family system in a certain sense, and she does not even need to bear the responsibility of marriage.

Therefore, among all the socialites on the Upper East Side, Caroline belonged to the group that was both envied and resented, yet also the most free.

So she can do whatever she wants and doesn't need to care about those so-called "rich people's style" at all.

Of course, this sounds like all the benefits, but in reality, wealth and status cannot be calculated in this way.

for example.

Let's say Caroline's net worth is now $50 billion, including her various real estate properties, trusts, funds, securities, collectibles, and so on...

This is her entire net worth; there's always a statistical standard that can calculate it. This wealth is already astounding enough, not to mention the new dividends every year.

Caroline's older brother, Eric Sloan Kensington, has a publicly known net worth of perhaps only $20 billion or $30 billion... Doesn't that sound like less than Caroline's, and doesn't it seem like he's that impressive?

But that's not actually how it works, because Eric also owns independent land and minerals and plantations belonging to the Kensington family that he can inherit in the future, including but not limited to overseas oil and iron mines.

This is true wealth, because its value cannot be accurately measured. Once Eric inherits the Kensington family, although his apparent wealth may not be as great as his sister Caroline's, his true wealth lies hidden beneath the land.

Hey, that's just how unreasonable the mining industry is... Others play with crude oil, gold, futures, and hedge funds on Wall Street, going to great lengths to try and seize wealth.

But these families who own mineral resources can find oil and iron ore right out of the ground! What's the difference between that and just bending over and picking up money?

no difference!

Therefore, although Eric's public wealth may not be as great as Caroline's, the actual comparison cannot be made so simply.

Of course, whether it's 50 billion US dollars or 20 billion US dollars... for ordinary people, this is already an astronomical figure.

In short, Caroline is very famous throughout the United States, and many socialites who only receive a portion of the family trust's living expenses and have no chance of inheriting the property envy and are jealous of her.

Many men who might inherit the family fortune or aspire to higher positions coveted her, hoping to gain the Kensington family's support or acquire a large fortune by marrying her.

Therefore, Caroline is somewhat of an outlier in the Upper East Side... because many socialites without capital regard her as an enemy (most socialites can only receive a living allowance and cannot actually inherit wealth; they spend their money in family trusts before marriage and hope to marry a wealthy husband to continue spending his money after marriage).

However, socialites with capital, ambition, and the drive to seize family power are still a minority, and they are among Caroline's few friends.

It can only be said that everyone has their own way of living. Fortunately, Caroline has enough wealth, so most people and Caroline can still maintain a barely peaceful relationship.

Tang Tang and Isabella could only shrug helplessly as they listened to Caroline's complaints.

Perhaps they were lucky, as there were only three of them in the first-class cabin on this flight, so Caroline could freely complain about a whole bunch of awkward relationships among the socialites, which could be described as "love at first sight but hate at last".

“Perhaps you could try investing,” Isabella said, looking at Caroline, who was a good listener and would offer appropriate advice. “Human nature is complex. Many people envy you because they have no choice; they envy your freedom.”

Those large families have many offspring, and the people in power have so many mistresses that they could be sold wholesale, so naturally they also have a lot of sons and daughters.

With so many children, the number of heirs becomes terrifying, not to mention those illegitimate children.

They are born with the surname of a wealthy and powerful family, and their family trusts provide them with a substantial living allowance. Having grown accustomed to a life of luxury and having no right to compete for the inheritance, they can only hope to maintain their quality of life through other means.

Starting a business is not easy. After indulging in a luxurious lifestyle, they don't have much money left to invest with their living expenses, so they can only choose to invest in marriage.

There are only so many wealthy people in the entire America, both the newly rich and the old money, and not many can actually marry into their families. With too many men and too few women, it's natural that the socialites are hostile to each other.

It's a vicious cycle; unless they willingly lower their quality of life or put aside their socialite status, they have no other choice.

Everyone is corrupted by money; the only difference is that some people are corrupted more severely than others.

Tang Tang agreed with Isabella's suggestion, "You no longer belong to that circle, so why not try to move up a bit more?"

Having wealth without power is a terrible thing, because you never know when you might become prey, be captured and swallowed up.

Just like Tang Tang, many people are eyeing her wallet. If it weren't for the Newkman family standing strong in Italy behind her, and the Newkman family having a good relationship with the Italian president, then many people might have already tried to steal money from her.

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