{"id":254506,"date":"2026-05-25T00:15:00","date_gmt":"2026-05-25T04:15:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/25\/high-earners-embrace-stealth-wealth-to-protect-their-privacy\/"},"modified":"2026-05-25T00:45:07","modified_gmt":"2026-05-25T04:45:07","slug":"high-earners-embrace-stealth-wealth-to-protect-their-privacy","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/25\/high-earners-embrace-stealth-wealth-to-protect-their-privacy\/","title":{"rendered":"High earners embrace ‘stealth wealth’ to protect their privacy"},"content":{"rendered":"

High earners embrace ‘stealth wealth’ to protect their privacy<\/a><\/p>\n

https:\/\/www.detroitnews.com\/story\/business\/personal-finance\/2026\/05\/25\/high-earners-embrace-stealth-wealth-to-protect-their-privacy\/90200338007\/<\/a><\/p>\n

Publish Date: 2026-05-25 00:15:00<\/a><\/p>\n

Source Domain: www.detroitnews.com<\/a><\/p>\n

May 25, 2026, 12:15 a.m. ET<\/p>\n

Have you ever known someone who lived an average life doing average things \u2014 but then you discovered that they had two additional homes or collected expensive, rare art?<\/p>\n

If so, you may have gotten a glimpse of \u201cstealth wealth.\u201d That\u2019s when someone has significant net worth but intentionally avoids splashing out on luxury items.<\/p>\n

\u201cIt\u2019s not people trying to look poor,\u201d says\u00a0Julian Morris, a certified financial planner (CFP) with Concierge Wealth Management in\u00a0Boston. \u201cIt\u2019s people opting out of showing everything. For example, maybe they aren\u2019t posting their luxury vacation on social media.\u201d<\/p>\n

What is stealth wealth?<\/h2>\n

Stealth wealth generally refers to very wealthy people who purposely conceal their riches by living well below their means.<\/p>\n

That said, financial planners note that for some clients, it\u2019s more about choosing to spend conservatively than taking a cloak-and-dagger approach to their financial situation.<\/p>\n

\u201cI think it all goes back to the concept of the \u2018Millionaire Next Door,\u2019\u201d says\u00a0Michael Espinosa, a CFP with TrueNorth Wealth in\u00a0Salt Lake City. \u201cMany of our clients live a relatively modest lifestyle but have millions of dollars.\u201d<\/p>\n

At the same time, in spots with high cost of living and high-profile jobs \u2014 think\u00a0California\u00a0and\u00a0New York\u00a0\u2014 some of the wealthiest people might keep a low profile to protect their privacy.<\/p>\n

\u201cYou see a lot of that in San Francisco,\u201d says\u00a0Sarah Maitre, a CFP and founder of\u00a0Camriel Advisors\u00a0in\u00a0Mount Shasta, California. \u201cThere are a lot of folks there with astronomical amounts of wealth who you would have no idea could spend the amount of money that they\u2019re able to.\u201d<\/p>\n

What does stealth wealth look like?<\/h2>\n

Stealth wealth looks a lot like the average person living an unassuming life \u2014 but with a large nest egg that either few people know about or that isn\u2019t advertised. They might drive a run-of-the-mill car and wear unremarkable shoes. For them, blanket luxury…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High earners embrace ‘stealth wealth’ to protect their privacy https:\/\/www.detroitnews.com\/story\/business\/personal-finance\/2026\/05\/25\/high-earners-embrace-stealth-wealth-to-protect-their-privacy\/90200338007\/ Publish Date: 2026-05-25 00:15:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":254507,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.detroitnews.com\/gcdn\/authoring\/authoring-images\/2026\/05\/21\/PDTN\/90200487007-getty-images-978304078.jpg?crop=2120,1193,x0,y141&width=2120&height=1193&format=pjpg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-254506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privacy"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/254506"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=254506"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/254506\/revisions"}],"predecessor-version":[{"id":254508,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/254506\/revisions\/254508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/254507"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=254506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=254506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=254506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}