Have you met some unemployed rich "adults" whose parents still fund their lifestyle? Give me stories!

I don't know anyone quite like what you described, but I do know one woman whose father is very wealthy, and he set up a trust fund for her that she got access to at age 35. She went to college, but she has never worked full-time ever and has had large stretches of time of not working at all because even as she was waiting to get to that sizeable trust fund, her parents gave her a lot of money, bought her cars, etc. She has never given specific information on how much money, but through some deciphering, it is clear they helped her out to the tune of anywhere from $50,000-$100,000 per year beginning after college before the trust fund, and the trust fund was worth about $10 million. She has a sister who also has never worked full time and has access to the same amount of money.

Our last president.

Just live in any skitown US for a little bit. They are full of trust fund kids. They work all these jobs nobody else can afford to work because their million dollar homes are paid off and you are paying overpriced rent to one of them.

My step-father's brother took over the family's small tool and die shop when he graduated from college. He was a bit of a hot rod enthusiast and started making custom auto parts for hotrods. The business grew and moved into making all sorts of aftermarket auto parts for various manufacturers. He sold the business to one of the big aftermarket parts manufacturers for $150 mil. His two sons inherited everything 50/50. Both pretend like they are big wheeler dealers and go around making various investments. Just by the luck of shear timing and coming into the money just after the market crashed, the sons have seen some big returns. But they are just playing make believe. Neither has a clue how to invest money or run a business despite going to expensive private schools and colleges. They just hire a bunch of people to work for them to do all the work and they spend all their time trying to hob knob with people to get in on deals. They spend at best 20 hours at work a week (probably closer to 10-15). The rest of the time they are playing golf at their CC, happy hours, charity gala/social circuit, corporate boxes at pro sports games and big concerts, and so on.

I loathe these types of people. All good fortune, not grateful, and look down at others who don’t have their privilege. I know this type precisely.

I lived in a beach town for about a year after I stopped running competitively and before I went to grad school. I surfed pretty much every day and had a job that gave me the flexibility to get out most mornings. I got to know the locals in the lineup; most of them late teens or early 20s. One commonality amongst pretty much all of them - they were ALWAYS out in the line-up. Morning, noon or early eve and there was no way this could have been possible if they were employed. I finally asked one guy, "What do you guys do for work?" Just about every one had a trust fund or wealthy parent story and had not worked a day in their lives. They surfed, smoked some weed, gambled with their parents' $, chased girls around and surfed some more. All but a few not good enough to surf professionally and little to no ambition while on the long road to nowhere. Then again, maybe they were the ones doing it right :-)

there’s quite a few of them where I’m from as there’s a disproportionate amount of millionaires in my small community of about 20k.

Most of them are cool and humble and fun to be around, but there’s one guy who rubs the wrong way. He inherited tens of millions from his father who was a major player in black market tobacco. He’s really into “health and fitness”. But honestly to me he simply looks like he’s been juicing or juiced at some point the way his physique is. The part that annoys me the most is he’s like a quasi motivational speaker, and people actually eat it up. It’s easy to be a super star when you were already placed at the finish line. Other than that I wouldn’t have a problem with him. He seems like a nice guy just oblivious to the fact how ridiculous the whole thing is.

My wife's cousin. He's 50 years old. Lives in his parents' basement. Has a car (that they bought for him as he has no money). After bouncing around LA for years working odd jobs (waiting tables, working on cruise ships, selling people on some new aged psychological cult, etc.). Came back home and got on unemployment because he had damaged his brain with drugs (or at least they were able to find some quack that signed the form that said he was incapable of working). Still goes and parties every weekend. Flies out to LA to hang out with friends and do psychadelics at burning man and film festivals. Moves from one get rich scheme to another. Spent a number of years out in LA in some drugged-out California cult. Dispenses life and love advice to people even though he has never been in a meaningful relationship. And is always sure to get out there and promote Democratic candidates and spew how evil Republicans are even as he globe trots around with his parents.

Move to Annapolis and you'll meet a ton of those types

Our current "election cheating" President. Wait, is he still in charge?

I expect some of these will be clogs to clogs in three generations.

Personally I don't like high taxes but I would have no problem if the government jacked up the taxes on trust fund income and inheritances. Self made millionaires - I respect. Inheritance millionaires - not so much.

Spend 10. Minutes in Boulder, Co. Everybody looks homeless, and no one has a job. Yet they own every credit card known to man. And have the latest cell phone.

Hey!! My post above (#13) where I dis on inheritance millionaires has received two down votes! I wonder who they can be????

I know (of) a guy who's sort of a mash-up of the principals in the above story. He's a notorious small-time celebrity around town. He worked pumping gas for a while, then came into some money and invested early in Quiznos. He got a great return out of that and turned around and invested early in Crocs. He's set for life having caught lightning in a bottle twice though didn't really have to work for his returns. He's bankrolled his sister's marginal jewelry design business and has since spent the bulk of his time slowly drinking himself to death. He's known to push his way onto the field at college football games and was found passed out in his 911 on the street with the engine running. He told cops that Miley Cyrus was in the car with him but got out and ran off.

Unemployed and not working are two different issues. If someone is a trust fund kid and chooses not to work that is NOT unemployed. Unemployed is someone not working, not attending college/graduate school/professional school/trade school full-time, not incarcerated, not disabled. Unemployed is someone without a fulltime job who is looking for work. Circa 1996 U.S. crossed the threshold of one million millionaires. Over thirty percent earned it, over thirty percent married it and over thirty percent inherited it. Since 1996, U.S. tax code has made it easier for millionaires and billionaires to pass wealth down to their offspring. There are more trust fund kids than ever in U.S. How many posters personally know trust fund kids is irrelevant.

No one is entirely self made

At my law school there was a … woman technically, but I consider her a “girl” still… anyway, this girl’s dad was loaded, an executive at a well known company and also had a chain of restaurants. She’d started law school once, got to 2L and failed out. She started again, but wouldn’t be in class on any Monday or Friday in the fall because she would take daddy’s plane to/from the family box at a major college football program. She didn’t pass any classes as far as I can tell in 3L, but the family still had a lavish “graduation” party for her. She evidentially graduated after a fifth year and went to work at one of daddy’s restaurants as a “food expediter” or something. All while she was dinking through law school she lived in a nice high-rise condo, and I remember she used to be pretty verbally abusive toward her girlfriend and would pit her friends against her over tiny little things and join the friends in whatever squabble she’d created, taking their side against her girlfriend. Unfortunately the GF was like an abused puppy in the relationship, and I’m sure she didn’t mind having semi-access to all the luxury so she stuck by the rich girl. Just an absolutely awful, awful human being.