US woman earns Rs. 1.6 lakh/day nannying billionaires' kids
What's the story
Introducing Gloria Richards, whose profession entails caring for the children of billionaires, allowing her to embark on globetrotting adventures on private jets. The best part? It pays a mind-boggling $2,000 (Rs 1.6 lakh) per day, she revealed in an interview with CNBC Make It. Find out how this nanny navigates the world of billionaires while making a fortune looking after their precious little ones.
Side gig
Nannying is a side gig for Richards
Richards, a 34-year-old off-Broadway actor in New York City and Virginia, spends half her year nannying for billionaire families. It is not just a side gig for her; it actually brings in a whopping 80-90% of her yearly income. She gets paid up to $2,000 per day for 12-15 hours of work. Plus, her travel and accommodation expenses are all taken care of.
Win-win
A win-win opportunity for both parents and the nanny
"I have had full-blown interviews where [parents] are like, 'We are looking for someone to raise our kids,'" she shares. "They tell me they had kids to pass on their trust funds, [and that] 'I'll hang out with them after boarding school when they can drink.'" In one surprising incident, parents even enrolled their child using her last name in an Italian boarding school.
Drawbacks
Not being paid timely is a major disadvantage she faces
While she enjoys the perks of cruising on yachts, riding in private jets, and even driving fancy cars like Porsches and Teslas as part of her job, being a Black nanny in a world of uber-rich white families has its own difficulties. Surprisingly, even though these families are super-rich, some of them try to avoid paying her fair wages!
Quote
Billionaires' whims dictate whether she receives her salary or not
"I'll be in, like, Switzerland, and they are telling me they can't pay me for three weeks because they don't have cash. That's also how they communicate when they don't like something you did. They will stop paying you." says Gloria Richards.
Racism
Sadly, racism has been a part of her work experiences
The nanny, shared her experiences, saying, "Sometimes I am literally a shoulder to cry on. A second later, they will turn on me." Unfortunately, she has also encountered racism during her work. As a Black woman employed by white families, she notices that children as young as six or seven form biased opinions about people who resemble her.
Agency
Richards relies on Madison Agency for client support
To avoid unexpected surprises from her clients, Richards relies on the support of Madison Agency. They assist her in ensuring she receives her rightful payments timely. Despite the challenges she faces, the benefits she enjoys outweigh the drawbacks. Setting clear boundaries helps Richards in deciding the amount of work she takes on and the duration she is willing to dedicate to her job.