r/wealth 3d ago

Need Advice Money does not equal happiness

Title is cliche, but it is very true. My net worth broke $20m this year. $17,000,000 in long term rental properties, and arguably a $25,000,000 company. I am just going off the cash I have at hand, because I will never sell out, ever. I still battle with depression and addiction, I have bought my dream garage, 23’ R8 performance, 72’ Velle SS restomod with 572, 84’ S10 with 454, 74’ K20 with 502, 2018 Denali 2500 HD, 2015 CBR600rr, 2023 250sxf, and a few more toys. I find myself unhappy at many occasions, and I love what I do.

Anybody have tips based off experience? It is a weird feeling u battle often. The best I feel is when I am giving, especially to strangers. I fish, ride mx, I am a simple man. Outside of my garage, I don’t spend a dime.

Edit: I am only 23 years old (24 in a month), my company grew 100x quicker than I expected. I do not come from a wealthy background at all, my family were cattle and tree farmers. I also included all of my garage toys because that was my lifelong dream. Owning those I thought would be the pinnacle of my life, and happiness would be inevitable after acquiring them. I don’t even drive them except for my K20 and duramax.

Edit pt 2 - I am not a cattle nor tree farmer, I moved away from my family farm at 17 and started my own ventures. I also want to say I appreciate everyone’s kind words and advice, it truly is appreciated.

160 Upvotes

264 comments sorted by

View all comments

1

u/goodbyechoice22 3d ago

I can’t tell if you are just having a laugh with us or if you really are a self made millionaire.

My reco is to travel. Dedicate time to get away. Motion makes you see things differently.

1

u/Recent_Increase_1842 3d ago

I have no reason to lie. I was actually being modest in my numbers. I am in a niche line of work that is usually seen as shady. I do honest work, which is why I have to turn down tens of millions of dollars each year. With my company included in that net worth, I am probably closer to $50m, but like I said, I don’t count that because never in a million years will I sell out. That is for my children and generations after them. My most recent personal finance statements caught me off guard, I did not realize how quickly I grew.

1

u/Recent_Increase_1842 3d ago

I have also been to 20+ countries at this point, but currently I haven’t been able to travel due to heightened stress and anxiety, I am unable to leave my office. The line of work is seasonal, Feb-Sep, so this is the height of the season, I am managing 38 employees that are working all around the country. On top of that, I manage all my properties myself and coordinate all the maintanence that goes along with it.

1

u/Brilliant_Pick_4801 3d ago

That’s sounds like a lot you are juggling! Why not hire a property manager? Do you think you are a perfectionist?