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Yeah, internet engineer here. Even the modest ones while not obnoxious and I do respect them as a person I don't respect their money or work ethic since odds are they have no concept of what work is or the value of the money they're spending.
There are exceptions of course, the small number of people that inherit money but then use that to build a corporation or something that shows they know what work is and how to use their money to make more money rather than just understanding how to spend it.
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