The bad behavior of the richest: what I learned from wealth managers

Created: 2023-03-25T21:12:33-05:00

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Rich people are largely insane and--unlike the poor--people are not willing to tell them such.

“I’ve told my colleagues: ‘If I ever become like some of our clients, shoot me.’ Because they are really immoral people – too much time on their hands, and all the money means they have no limits. I was actually told by one client not to bring my wife on a trip to Monaco unless I wanted to see her get hit on by 10 guys. The local sport, he said, was picking up other men’s wives.”
The clients of this Geneva-based wealth manager also “believe that they are descended from the pharaohs, and that they were destined to inherit the earth”. If a poor person voiced such beliefs, he or she might well be institutionalized; for those who work with the wealthy, however, such “eccentricities” are all in a day’s work.