Wealth Therapy Tackles Woes of the Rich

HughPickens.com writes: Jana Kasperkevic writes in The Guardian that it can be very stressful to be rich. "It's really isolating to have a lot of money. It can be scary – people's reaction to you," says Barbara Nusbaum, an expert in money psychology. "There is a fair amount of isolation if you are wealthy." According to Clay Cockrell, who provides therapy for rich, this means the rich tend to hang out with other rich Americans, not out of snobbery, but in order to be around those who understand them and their problems. One big problem is not knowing if your friends are friends with you or your money. "Someone else who is also a billionaire – they don't want anything from you! Never being able to trust your friendships with people of different means, I think that is difficult," says Cockrell. "As the gap has widened, they [the rich] have become more and more isolated." Sci-fi author John Scalzi has published an entertaining take-down of the cluelessness in this article.

Comments

Re:Why the fuss?

[Anonymous Coward]

First, imagine that you have a clue.

Donated money doesn't just disappear into the ether. Unless one gives their money to some 'over the top' university endowment, donated money tends to move into use fairly quickly, generally at a 'low' level that has the farthest to 'trickle up' as money has a tendency to do.