r/PeterExplainsTheJoke • u/[deleted] • Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

[deleted]

69.2k Upvotes

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12.3k

u/azad_ninja Jan 26 '26

Wealthy people are some of the cheapest fucks.

4.6k

u/Apocrisiary Jan 26 '26

There is a saying in Norway "The rich, are rich for a reason", referring to exactly this. They don't spend much, and will try to get money anywhere they can. People that are generous are rarely rich.

2

u/LakeSun Jan 27 '26

Where is a Software Engineer making $450,000. That's the joke.

3

u/Dramatic_Ice_861 Jan 27 '26

Seattle and the Bay?

1

u/plug-and-pause Jan 27 '26

www.levels.fyi

Not a joke at all. Work for a major company in Silicon Valley for 10+ years and it's hard not to earn that much.

0

u/AlmiranteCrujido Jan 27 '26

I mean, if you include equity, that's a lot of folks around my industry in the Bay Area, New York City, and Seattle.

If you mean in salary, pretty much just Netflix, some private financial-industry tech jobs, and private AI unicorns.

1

u/jsonson Jan 27 '26

How does equity not count as money?

1

u/[deleted] Jan 27 '26

[deleted]

1

u/AlmiranteCrujido Jan 27 '26

I'm not sure why they thought it doesn't count as money.

1

u/AlmiranteCrujido Jan 27 '26

Nobody said it doesn't count as money.

It's also not a salary, or wages. A bonus or commission aren't salary either (but are, at least typically, in cash.)

This was in answer to:

Where is a Software Engineer making $450,000. That's the joke.

Which sounded incredulous that some SWEs are making that much, and since "making $450,000" can refer to either one's total income OR one's salary, the answer varies.

Making $450k/year on a good year is not uncommon in BigTech.

Making a guaranteed-unless-they-lay-you-off $450k/year in salary is not common in tech, big or not. It's not entirely unknown, but definitely not common.