The media and politicians love a scapegoat and a headline and the one that will soon be delivered like red meat on a gilded platter is about to hit our shores. Brace yourself, it's coming! The world's first Trillionaire is about to arrive and while many will celebrate this, others will use this as the mascot to define the rich.  "The rich" is a common theme right now driving political narratives around the globe but like all things these days, this will be the penultimate mascot of what rich is and I fear it won't be pretty.

Should anyone be worth a trillion dollars?  I'll leave that aside. That's not my point. This is my point:  the word trillionaire is so other-worldly that it defines a trend, the exaggerated, growing, rapidly expanding divide between extreme rich and poor. It makes a very engaging and captivating headline. It is certain to fuel anger. It is certain to cause dramatic political shifts and it's doing so already. What will be forgotten in all this is what it means to be Trillionaire-rich and all the other kinds of rich. It will be lumped together with all others perceived as rich to demonize all of them. Currently, "the rich" are mostly my clients, people who can afford to buy a home. Sorry, you think someone buying a home for $500,000 is NOT rich?  Think again. Only 30-40 million homes in the US are worth that, a relatively small minority with approx 100 million homes worth less than $500,000. Just about 600,000 homes are worth $2 million or more.