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Why being super-rich isn't all it's cracked up to be

The trials and tribulations of having an ultra-high net worth
It doesn't necessarily buy you happiness
What you have is never enough
Other people probably hate you
You're a prime target for crime
You're more likely to cheat and steal
You're more vulnerable to being sued
You could be bled dry by a gold digger
Your love life might be troubled
You never know who your friends are
You're expected to pay for everything
Strangers will ask you for money
Your kids might be unmotivated...
…and could end up incredibly spoilt
Your kids might also have personal problems
Sourcing good staff can be exceedingly trying
Hiring a bad apple could even put you in prison
You have precious little privacy
You have to keep more secrets
You're susceptible to affluenza
You're likely to be bored...
…and busy doing really unexciting things
Your stress levels will be high
You're probably out of touch with society
You could be racked with guilt
You may take less pleasure in the little things in life
You might even find that luxuries lose their lustre
Securing a mooring space for your superyacht can be a nightmare
You could succumb to private jet rage
You might struggle to book a luxe hotel suite
You might even have to wait for things
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The trials and tribulations of having an ultra-high net worth

For many people, being extremely wealthy is seen as the ultimate prize and the key to a life of glamorous ease. But having huge amounts of money can actually lead to a bewildering number of problems. Research, such as this study by Princeton University, has shown that people don't actually feel any happier after they earn over a certain amount of money. Read on as we explore the myriad of issues that the uber-rich have to face, which might make you feel grateful that you're not one of them.

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Daniel Coughlin

02 August 2024

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