With great power come great responsibility...
So say went from 100K in wealth to 50 million in wealth...
You got team of lawyers, accountant and financial advisors now...
You got business partners, property managers now...
You got friends, family and strangers asking for handouts now.
Before you had a limit to your wants, now your wants are unlimited cause you buy pretty much whatever you want...
The amount of annual income that is needed to be happy is 75K, anything over that is excess
Do We Need $75,000 a Year to Be Happy?
People say money doesn't buy happiness. Except, according to a new study from Princeton University's Woodrow Wilson School, it sort of does — up to about $75,000 a year. The lower a person's annual income falls below that benchmark, the unhappier he or she feels. But no matter how much more than $75,000 people make, they don't report any greater degree of happiness.
Before employers rush to hold — or raise — everyone's salary to $75,000, the study points out that there are actually two types of happiness. There's your changeable, day-to-day mood: whether you're stressed or blue or feeling emotionally sound. Then there's the deeper satisfaction you feel about the way your life is going — the kind of thing Tony Robbins
tries to teach you. While having an income above the magic $75,000 cutoff doesn't seem to have an impact on the former (emotional well-being), it definitely improves people's Robbins-like life satisfaction. In other words, the more people make above $75,000, the more they feel their life is working out on the whole. But it doesn't make them any more jovial in the mornings.