LifestyleShe works as a nanny for billionaires. "The conditions are fantastic until they're not"

She works as a nanny for billionaires. "The conditions are fantastic until they're not"

The billionaire's nanny is surrounded by luxuries.
The billionaire's nanny is surrounded by luxuries.
Images source: © Getty Images

10:01 AM EST, December 4, 2023

Gloria Richards, a professional nanny employed by billionaires, lives luxuriously and earns several times the average wage. However, she doesn't always find satisfaction in her job. As she points out, "Working for the ultra-rich requires patience."

At the age of 34, Gloria Richards serves as a professional nanny for the wealthiest families. She spends half the year living with billionaires, traveling the globe alongside them. Her $167 hourly wage comes with the perks of free flights, accommodation, and meals.

A Look into the Luxurious Lifestyle of a Nanny

Richards earns 80 to 90 percent of her annual income through child care. She tells CNBC Make It that by working for a mere two months, she can earn enough money for the remaining 10 months of the year.

The 34-year-old can earn up to $2,000 a day. She flies in private jets and sails in yachts, drives high-end vehicles such as a Porsche or a Tesla for work, and attends rich kids' birthday parties where even the smallest gift has a high price tag.

Gloria Richards grew up in a big family. She began her childcare career as a babysitter at 14, quickly amassing relevant experience. After turning 24, she made a career-altering move to New York.

The New York nanny agency—Madison Agency—hired the 34-year-old. COO Jackie Mann spoke highly of Richards' exceptional skills and fitness for working with ultra-wealthy clients. Her first clients came in quickly.

According to Gloria, life with billionaires is wonderful... but only up to a point. They often resist paying for nanny services, using this as a means of expressing dissatisfaction. This typically necessitates agency involvement.

"Caring for a child doesn't demand exceptional skills. However, working for the ultra-rich necessitates patience and an acute awareness of individual needs," Richards explains.

Richards admits that working for billionaires can be mentally exhausting. After more than a decade in their world, she feels a great deal of empathy for them, but also cautions herself.

"I've seen public figures grappling with immense grief: divorces, family deaths. Sometimes, I literally lend them a shoulder to cry on. Even though I work in such an intimate atmosphere, I always remind myself that I'm at work," Richards adds.
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