Meaning of the word "the rich" in English

What does "the rich" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

the rich

US /ðə rɪtʃ/
UK /ðə rɪtʃ/

Plural Noun

people who have a lot of money and possessions

Example:
The rich often invest in luxury goods.
There is a growing gap between the rich and the poor.