Will social media influencers change wealth threshold?

[Nathan Gesner]

I'm seeing more social media influencers making significant amounts of money. According to an article from 2020, there were 2 million social media influencers making six-figure incomes. With the rise of OnlyFans, that's probably doubled. The "cash me outside" girl makes $60 million a year. A couple YouTubers are renting from me making nearly $300,000 a year and I doubt they would ever get beyond middle class 20 years ago.

With the increasing number of millionaires created by these new technologies, do you think the rest of us will need even more to secure life-time wealth? Will the increasing number of millionaires drive down the value of our money?

[Sean T.]

I have a YT channel, far from an influencer, but I do make money with it.  I think folks would be shocked at how good the money is.  SHOCKED!  

All I do is talk about business, markets, and real estate.  Share analysis, horror stories, and so on.  

I do it for the fun of it and treat it as a small hobby.