Quoted from RobT:If someone makes $3 million a year they are rich. The fact that they might have debt equal to that amount because of buying things like jets, yachts, vacation homes, etc etc doesn't mean that they suddenly no longer define the definition of being rich.
This logic makes no sense at all. If someone earned 200 million dollars throughout their career, yet they are currently in debt, they're not rich. They're broke. Just ask Allen Iverson.