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
May 25, 2016
This April 29, 2014, file photo, shows an Exxon sign at a Exxon gas station in Carnegie, Pa. (AP Photo/Gene J. Puskar, File)

How will the oil giants do business in the climate change future? Shareholders at Exxon, Chevron and more want to hear their plans. So do we.

May 25, 2016
Police gather in a cordoned off area where a possible murder suspect fired shots at officers surrounding a South Side home where he is barricaded Thursday, May 12, 2016, in Chicago. (AP Photo/M. Spencer Green)

Predictive policing. With violence on the rise, Chicago has turned to big data to predict gun and gang violence.

RECENT
SHOWS
May 24, 2016
Activist and author Gloria Steinem. (Carly Romeo / Courtesy Gloria Steinem)

Feminist icon Gloria Steinem explores how violence against women drives global instability in her new show, “Woman.” She’s with us.

 
May 24, 2016
U.S. President Barack Obama meets with Vietnamese Communist party secretary general Nguyen Phu Trong at the Central Office of the Communist Party of Vietnam in Hanoi, Vietnam, Monday, May 23, 2016. (AP Photo/Carolyn Kaster)

Obama’s in Vietnam and Japan. The G7, Hiroshima and his pivot to Asia are all on the table. We look at the big picture. Plus, President Obama’s visit to Hiroshima.

On Point Blog
On Point Blog
Gloria Steinem Explains Her ‘Bernie Boys’ Comment
Tuesday, May 24, 2016

Feminist activist Gloria Steinem explains why her apparent diss of female supporters of Sen. Bernie Sanders was anything but.

More »
Comment
 
‘Best Of’ 2016 Commencement Speeches
Monday, May 16, 2016

Excerpts from a few of the best commencement speeches delivered to the graduating class of 2016.

More »
Comment
 
Caller: Trump is a ‘Yankee moron,’ but I support him
Tuesday, May 10, 2016

“I’m a working man. I’ve worked 13, 14 hours every day. I got two jobs. I got three kids. I got a wife. You know, I’m not a misogynist.”

More »
Comment