90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
The Lives Of The Super Wealthy

The secret fears of the super rich, on money, anxiety, and isolation.

With 11,500 horsepower and a top speed of 73 mph, Gentry Eagle is one of the world's fastest, most luxurious mega yachts. (AP)

With 11,500 horsepower and a top speed of 73 mph, Gentry Eagle is one of the world's fastest, most luxurious mega yachts. (AP)

It’s the new Gilded Age in America — we all know it.

A hundred-thousand-plus households with fortunes of $25 million or more. Often much, much more, into billions. What’s it like to live with all that dough?

A big new survey gives some surprising answers. Yes, the rich and super-rich have sweet freedom from crushing concerns about jobs and making ends meet. But many still worry – obsess – about money. And about alienation, isolation, purpose in life… when they don’t have to do anything.

This hour On Point: the real lives and fears of the rich and super-rich in America.

- Tom Ashbrook

Guests:

Paul Schervish, professor of sociology and director of the Center on Wealth and Philanthropy at Boston College. For four years he has been working on a study on the meaning of money in the lives of the super-rich. The research was supported by The Bill & Melinda Gates Foundation, The John Templeton Foundation and Wells Fargo.

Robert Kenny, partner, North Bridge Advisory Group, which provides psychological counseling to wealthy clients working through money-related issues. He is associate director and visiting scholar at Boston College’s Center on Wealth and Philanthropy.

More:

  • Graeme Wood highlighted Paul Schervish and Robert Kenny’s work in an April article in “The Atlantic” titled “Secret Fears of the Super-Rich.”
Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

RECENT
SHOWS
Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

 
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: March 27, 2015
Friday, Mar 27, 2015

More on the incessant email debate, plus some goats living their best lives and the sad allure of Manhattan’s shuttered Pommes Frites.

More »
Comment
 
Mobile Payments Offer Convenience If You Keep Your Email Safe
Thursday, Mar 26, 2015

Thinking about moving your wallet to your phone? You can! And maybe you should? But TechCrunch senior writer Josh Constine has a few things to tell you before you do.

More »
1 Comment
 
Using Technology To Get Your Kids Outside
Thursday, Mar 26, 2015

The latest and greatest — using apps to make natural exploration more fun for your kids.

More »
Comment