01 May 2021
You Needn’t Be Rich To Be Wealthy
“It’s better to be wealthy than rich, even if you’re poor.”
– Paul Sullivan, author and columnist at The New York Times
That is the most accurate line I have come across in the context of being wealthy. And the rest of this article will be an effort to expound on it.
Johnny Depp, and a fortune squandered
At one stage in his life, he was one of the highest grossing actors of all time. In 2018, Rolling Stones estimated that Depp made $650 million on films that netted $3.6 billion. Now the actor has had to make his peace with an impoverished net worth of a meagre $200 million. Sarcasm intended.
He sued TMG for negligence, breach of fiduciary duty and fraud. TMG – The Management Group –was run by his business manager. It said that Depp has a $2-million-a-month compulsory-spending disorder. His ultra-extravagant lifestyle was sometimes in excess of...