| Treasury money markets are paying maybe 2% (I haven't checked lately but they way the Fed cuts have been making it tougher to save) which is $40K per year. I imagine property taxes take a good chunk out of that.
The guy is doing what he loves and he probably doesn't consider it as work. It just happens to pay well. I think that the stats on households in the US is that 1 in 140 have assets over a million. That may have changed quite a bit with the housing bubble implosion but that's still a pretty surprising statistic. |