How do you think a man with $2 million in bank, living in a fully paid-off $1.3 million villa overlooking the Pacific, and having a net worth of $3.5 million with his wife will be leading his everyday life?
Well, if you’re Hal Steger, a Silicon Valley resident, you’ll continue to work hard 12 hours a day and an additional 10 hours in the weekends to earn more money.
Sounds strange? Perhaps, but surrounded by people with staggeringly high wealth in a money-seeking neighborhood, Hal’s case will seem perfectly normal. As will Gary Kremen’s, the 43-year old founder of Match.Com, a popular online dating service.
Kremen is worth $10 million, making him as moneyed as top half of 1% Americans according to wealth data from US’ Federal Reserve, but that hasn’t stopped him from logging a strenuous 60 to 80-hour working weeks.
Kremen says, “You’re nobody here at $10m.” He doesn’t think he has enough money to ease up.
Ah well, why doesn’t he leave to live in a more down-to-earth place? He doesn’t because he’s bitten by the magnetic lure of the Silicon Valley, the eternal dream destination that attracts hundreds of thousands of techies from all over the world.
[This article is collated from this Scotland on Sunday article]