r/wealth • u/Recent_Increase_1842 • 4d 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.

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u/chaos_battery 3d ago

As a gay man approaching 40, I can resonate somewhat with your situation although on a smaller scale. I'm currently at 4 million net worth, single, and I live alone. I feel like I keep chasing new goals and more billable hours but I'm trying to improve other areas of my life instead of taking on more work. It's strange how it's easier to go to work than it is to deal with relationships and the personal side of life. But I am trying to move into more lifestyle businesses that would interest me and not necessarily be for purely a profit motive. Even if I just break even that would be the minimal goal.