Today's Verse: The blessing of the Lord, it maketh rich, and he addeth no sorrow with it. ~Proverbs 10:22 Are you rich? According to Charles Schwab and Company you are considered rich if your net worth exceeds $2.4M. Being financially rich will depend on where you live and the cost of living. To be considered rich in Detroit, MI you need to have an annual income of $51,000. The extreme of this is you are not rich in Anchorage, Alaska unless your annual income does not exceed