BrainVision said:

This matches my experience, as well. As the wealth continues to accumulate beyond the norms of the community, the plateau tends to waver and decline. I know of no happy billionaires. My definition of wealth would be an abundance of resources valued within a person's community, and my definition of wealthy would be something like possessing 2+ standard deviations more of those resources than the mean for the community.

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How many billionaires do you know and how did they get their billions?

I met a billionaire real estate developer once. He was pretty philanthropic and seemed happy.

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fyi

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Love Clantons attitude and demeanor, glad he is coming back next year

“I think it’s enough for a college student, for sure. I think it’s - I don’t really need a lot of money right now. I’m 20 years old, still at Florida State University. It’s enough to handle what we have here and to be able to travel. I think it’s good.”

Good stuff there, especially that two-word phrase we haven’t seen much of: “It’s enough.”

That echoed a similar sentiment he expressed at the Rocket Mortgage:

“I play golf to play golf. I think being able to play golf with your buddies every single day, it’s something you don’t get very much. I’ve got 12 dudes on that team that I absolutely love, so it’s awesome.”

BrainVision said:

In my experience, wealth correlates with happiness fairly directly for most people until it reaches the threshold of being slightly, but statistically significantly, more than most of the people in a person's community, then it plateaus.

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Define wealth? How much net worth is considered wealthy? My observations are that the super wealthy (ie billionaires) become paranoid. They lose the ability to trust others, always wondering if they are only close to them for the money. But that is a general characteristic. Those that have a close community, say Mormons, tend to be happier because they have mechanisms to share their wealth. So while having money is a stabilizing force for an individual (lower divorce rates for example), the extreme right hand of the tail of wealth has characteristics that are different. Use to be, like the Rockefellers, they would build libraries and fund colleges that they didn't attend for the good of society. Now, you see a different type of giving, more narcissist. More grandiose.......

NoleLizards said:

What are the two words?? I'm not going to download that app.

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“It’s enough.”

The context is about NIL money and money he could make as a pro. In other words, he is satisfied with what he is getting and it covers his current needs.

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Wouldn’t know!

When I find a wealthy hootchie mama I will let you know!

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