Extreme wealth, along with influence and power. That's how many perceive billionaires. Of course, they present role models of what newbie professionals aim to be and also reason to envy them. Not so fast with the latter.
They could be experiencing more inner angst than the middle manager struggling to eke out $150,000 annually. The story of the billionaire's suffering is told in The New York Times. Here you can read it.
So commonplace is their existential pain that a new field has emerged to serve just that. The niche discipline is the fusing of financial counseling and psychotherapy. A pioneer in such a service is Brad Klontz. He had been the lead researcher on a study about the wealthy. Here you can read that research.
What the researchers found is that the wealthy have the same degree of inner turmoil many human beings experience. But, unlike our next door neighbor who comes over to pour out her heart, they have few to talk to. No one wants to hear their troubles. Actually, it is difficult to even comprehend that they may have a bad day.
Moreover, those around them who are not as wealthy as they are will probably not give them candid feedback. That's too big a risk. So, they could become increasingly alone.
Among their reasons for distress is that they can't stop counting their money. Their whole identity may be caught up in it. Of course, there is the sustained torment of feeling less-than because they might not be as wealthy as X in a competing Wall Street firm or law practice. Also, there could an intensifying drive to become much more wealthy.
In a sense, they could also have an existential fear of no longer being wealthy. That nightmare of the wolf at the door could be more terrifying than the normal economic insecurity of the Everyman or Everywoman hustling to hold together a middle class lifestyle.
Manhattan and the Connecticut/Westchester suburbs are jam-packed with these voices crying out for the kind of multi-faceted counseling services such as Your Mental Wealth provides. Perhaps their very private fantasy is to be on their deathbed with their wealth intact.
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