Actually, on the east & west coast the homes are $400,000 and up. Add in a business or small portfolio of 1/2 million and we are just middle class people. Nothing extravagant, really. To be really rich, one person has to be worth 2 million or more.
being worth a million dollars doesn't necessarily make one attractive or mean a person has a great deal of liquid assets [money] especially if the assets are property. it can mean that one has a regular income without having to work, or that one owns their own business.
so, the guy who claims to be a millionaire may very well be worth that much but not be rolling in dough.