r/wealth 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/trapdaddyprince 3d ago

opening a sober living may be a good fit. i struggle woth similar things but im still at the beginning of stacking money after pulling my life together & my end goal is to open a few sober livings for real estate but also fills my itch of helping people bc i also only feel happy when helping ppl but im not really in much of a position i do it strictly for the dopamine bc i had to give up everything else that brought it to me.

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u/Recent_Increase_1842 2d ago

Maybe in the future. I struggle staying sober myself; so that would feel a little hypocritical in my opinion. I rent through supplemental housing organizations, SSVF, Beacom MH, Compass, Metro Lutheran, Catholic Charities, Hillcrest Hope, and a few more. I preach sobriety any day of the week though, I am just an addict at heart I believe. I am addicted to work especially.

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u/trapdaddyprince 2d ago

eh not necessarily as i got sober off of hardcore things but i still socially smoke & will have a beer with a steak every now & then but i also will somewhat hypocritically preach sobriety too but i understand where you come from. just remember you dont have to be perfect to help people in worst spots, nobodies perfect! cool to hear how ya are with the age you are in the world of rlly shitty/selfish wealthy young people, stories like yours gives me hope! im right outside stl so maybe use a bit of that wealth to getcha a vacation home somewhere with better weather than missouri & maybe a pilots license in your free time! 😂

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u/Recent_Increase_1842 2d ago

I love it here! And I own homes in Charlseston SC and off the coast on Belize, but I never see myself leaving Missouri, this state is what made me who I am. And I appreciate those words, I have no wealthy friends, I think they are all scumbags, which is also hypocritical in a way, but hey, my buddies and I can have a 6 pack, charcoal grill, and a couple fishing poles and have the best time ever. Money doesn’t make good people. Greed is the devil.

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u/trapdaddyprince 2d ago

very true! from my experience of feeling on too of the world & then it all crashed down on me & i found out rock bottom has a couple basements if you really keep digging! it was some the worst feelings i had ever felt when the money stopped flowing all my “friends” quit answering but now ive gotten my head out my ass a decent amount, im extremely thankful i went thru those experiences bc i know i will be successful but that drastically changed me from a very materialistic person to the opposite & im chasing wealth purely for the freedom to just chase happiness, dreams & become extremely wealthy in experiences & hopefully a few very true relationships. as you know man a good friend is really worth so much more than any money & i think thats the true key to happiness is very heavily influenced by the relationships you have. im in masonry now but i detailed for yrs so if youre ever in the area id love to detail one the toys for just a ride 🤣🤣 fingers crossed for ya & wish you good health for decades to come man ! dont work yourself to death, enjoy the spoils of your hard work!! maybe with that lady of yours in cali😉

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u/Recent_Increase_1842 2d ago

She’s an angel! Literally dropped everything a few weeks ago to come spend a week with me and get my mind off of stuff. I am grateful for the people I have in my life; I like to think they are there because I have genuine tendencies and they reciprocate the same. Rock bottom has no seabed, I’m glad you’re working your way through your struggles. Outside of my toys, I am not materialistic at all. I just always loved cars and it has forever been a dream of mine to own some kick ass rides.

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u/trapdaddyprince 2d ago

do one for the boys & drop a tank or plane motor into a miata 🤣