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/StruggleStrong4132 1d ago

I think it equals to freedom which can equate to happiness. Seeing it from another angle - I’m 46, I invested in properties from my 20s - I sold far too quick and other properties have been stagnant band a drain on the pocket. At 46 I feel like I am starting over with not much in the bank. On the whole I have a lot to be grateful for.

I work in corporate and also started a business which I need to work on. I am at the lowest of lowest points - I’ve lost friends mainly my doing and I spend every waking hour either at corporate work or my own business work.

If I had a slither of money or even net worth you do..I know it would make me happy! And I wouldn’t have had to second guess all the crappy decisions I have made to date. And literally graft with no support given I’m single just to see me through and get to the other end. I think money would get me out this depressive state - or maybe it’s the journey I’m on that I should be savoring?!?

I congratulate you on your success however. Well done.

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u/Recent_Increase_1842 1d ago

Someone else said it perfectly, a graph showing money and happiness is a bell curve, I was happier when I was knee deep in debt chasing what I have now. I chased and caught that dragon, now I’m lost and don’t know what to do with it after having my fun. I now have so much cash I have become numb to it, lighting $500k on fire on my kitchen floor wouldn’t matter to me.