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The terrible price of getting rich

The self-made rich face envy, but not many appreciate the costs of wealth, says felix dennis

Several early readers and reviewers of How To Get Rich, my anti-self-help book, have mentioned how happy the book will make many who read it. Oh dear. This was precisely the opposite of my intention.

Being rich is like being poor in that both are relative terms and both define the claimant. The first will lead to hubris as certainly as night follows day. The second will lead to one or more forms of envy. But who could blame a man for envying the food of a neighbour when his family is starving?

Few people are starving in Britain today, but the envy of those with too much money exhibited by those with just enough is at an all-time high. Mass media advertising has had a great deal to do with that. The worship of 'celebrity culture' has, too. As has the decline of an ethos of public-service which, at one time, virtually defined a section of the upper classes.

The arrival of too much money leads to paranoia that everyone is after it (as, indeed, they are)

People with too much money have always been courted, envied and feted, but Britain, in common with most other Western societies in the first decade of the 21st century, has gone beyond merely paying court to filthy lucre.

When I wrote How to Get Rich I was trying to do something ever-so-slightly new. I was attempting to point out, again and again, in every way I could, the terrible price that the self-made rich must pay to become rich.

The ownership of too much money leads immediately to fear of its loss. This, in turn, will lead to the waste of massive amounts of time and energy to defend it. The arrival of too much money will also lead to a form of paranoia that everyone is after it (as, indeed, they are).

In addition, too much money leads to intellectual stupidity unless one exercises great care - the arrogant belief that you have to be super-smart to get super-rich. Not to mention the damage that such workaholics do to any form of family life, especially in their relations with their children. Never yet have I met a child of a rich, self-made man who