“Only in recent years as I’ve had to encounter the stuff for loved ones and have I had people who have obscene wealth, relative to my own — very wealthy and old money wealth — have I learned there’s a whole other world, from concierge medicine and private medicine to very different tiers of hospitals and quality of care,” Ohanian said. “And I literally never even heard of these before, let alone walked into them or seen them and now that I have, it is jarring.”
There are some major differences between those who have money and those who don’t. In a recent YouTube episode with Chelsea Fagan of The Financial Diet, Reddit cofounder Alexis Ohanian was asked what he thinks people with money know that people without money don’t know. The episode was sponsored by Empower, a mobile banking app that’s backed by Ohanian’s venture capital firm, Initialized Capital.