How much is enough to feel wealthy?
It might depend on your view of Jeff Bezos and his support yacht
Bloomberg recently had one of the smartest pieces of analysis I’ve read in a long time. It was about wealth, more specifically, what it takes to feel wealthy.
An exact quote is in order. It extends to three paragraphs. Here goes:
“Warren Buffett has more money than God, but he also lives in Omaha in a modest house he bought more than 60 years ago. Does he feel wealthy? Would you feel wealthy if you lived like him? “Jeff Bezos has more money than God and Warren Buffett combined, more than enough to buy any obscene Grenadines quarantine facilitator he wanted. But that was not wealthy enough for him: He apparently needs a yacht that comes with its own support yacht…Will having a support yacht finally make Jeff Bezos feel wealthy? “The point is that the feeling of wealth is relative, and the best way to feel wealthy, once you have satisfied Maslow’s lower-level requirements, is to learn to be happy with what you have, writes Erin Lowry, while also not swea…
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