/Sounds like 'kah-LEH-toh'/
A wealthy person who hides their money and lives below their means — the discreet millionaire you'd never guess is loaded. In Colombia, a caleto is rich but deliberately invisible about it, preferring stealth wealth to flashy display.
"Ese señor vive modestamente pero es un caleto, tiene tres casas."
"Parece pobre pero es un caleto del que nadie sospecha. → That man lives modestly but he's secretly loaded, he owns three houses."
"He looks poor but he's a hidden millionaire nobody suspects."
/Sounds like 'kah-LEH-toh'/
A wealthy person who hides their money and lives below their means — the discreet millionaire you'd never guess is loaded. In Colombia, a caleto is rich but deliberately invisible about it, preferring stealth wealth to flashy display.
"Ese señor vive modestamente pero es un caleto, tiene tres casas."
"Parece pobre pero es un caleto del que nadie sospecha. → That man lives modestly but he's secretly loaded, he owns three houses."
"He looks poor but he's a hidden millionaire nobody suspects."