The Super-Rich Are Miserable

[jeffrey]

The research on wealth and happiness is filled with contradictions. For ages, studies showed that more money didn’t bring more happiness and that happiness plateaued at a certain income or wealth level once certain needs were met.

Last year brought contrary research showing that more wealth did, in fact, make people more satisfied with their lives, even if they still had day-to-day frustrations. A new study co-funded by the Gates Foundation, however, portrays the ultrarich as lost souls burdened by the fears, worries and family distortions of too much money...

Don’t Envy the Super-Rich, They Are Miserable - The Wealth Report - WSJ

[disneysteve]

That doesn't surprise me at all. Look at all of the stories of celebrities going in and out of rehab, a string of failed marriages, financial problems despite tremendous income, etc. Significant wealth brings with it many pressures and challenges that the rest of us won't ever really appreciate. I've also seen shows about lottery winners and how some of them truly wish they had never won because getting all of that money ruined their lives, destroyed relationships and overall made them miserable.

[canada94]

I know a lot of people who are financially free, and none of them are unhappy,me personally, id rather be wealthy and unhappy,than not wealthy and unhappy.lol


Kevin

[couchrobt]

Originally Posted by canada94

I know a lot of people who are financially free, and none of them are unhappy,me personally, id rather be wealthy and unhappy,than not wealthy and unhappy.lol

This is quite the normal thoughts of many. I would not deny that it is such a very good and ideal situation lol.. however, pretty hard to achieve at the economy we have now. Tough!

[Jenniferw]

The 2 results are because they are study on different group of people. The truth is, nobody is really happy

[shanecurran]

It seems as though the sentiment among the rich interviewed was "heavy lies the crown".

[Alan_MoneySanity]

I think the key is to be financially debt free but live a middle class or upper middle class lifestyle. I know a few who have done that and are very happy.