When you are known to have money, people will often to treat you with indignation.
I know this because that’s how I was treated when I was perceived as being rich.
People act like you can buy your way out of any problem. They think you are impervious to feelings of, tragedy, sorrow or depression. They see rich people as not having “real problems.”
Take the example of Jonathan Wraith, who at the age of 35 shot himself at his estate in the village of Brampton, Lincolnshire, in the UK, just hours before guests were due to arrive for a post-Christmas hunting event. He left no note.
Friends said that the father-of-two had “everything to live for” and that the suicide came “a bolt from the blue”.
“‘He was a kind man who loved socializing and shooting – he would travel around the country to different shoots, as well as staging his own, mainly for the corporate market,” friends told a newspaper.
Two years earlier, Jonathan, sold the portable cabin business Wraith Accommodation that he ran with his father for £30 million. So money wasn’t an issue either. Everything seemed fine on the surface for somebody doesn’t mean that things are actually good.
The weird thing that we wealthy people do is we tend to keep our problems close to our chest.
Even though I didn’t know him, I think that was Jonathan’s situation.
I tell you this because what we need as wealthy people is other people who are on the same psychological and intellectual wavelength as us to talk to.
A group of people who not only have common business and investment goals but also provides the emotional support for each other.
That’s why the 8th key in my book The 8 Keys: How Wealthy Families Maintain Success is to create a MFO (short for Multi-Family Office).
If you’d like more information about multi-family offices email firstname.lastname@example.org.