In recent times, we’ve observed an increase in the number of people with a cluster of problems and associated symptoms due to the stress of unexpected sudden success or fortune. Several of these individuals have become wealthy from entrepreneurial endeavors and corporate stock business. Others are the beneficiaries of the highest transfer of wealth from one generation to the next in American history.
Even though the Diagnostic and Statistical Manual of Mental Disorders, 5th Edition (DSM-5) does not classify sudden wealth syndrome as a mental condition, the stressors and emotional effects of sudden fortune can be surprisingly difficult to manage. And while we all enjoy fantasizing about being obscenely wealthy suddenly, such wealth comes with very real problems and often fatal repercussions.
Despite what has been said above, you shouldn’t count on much compassion from your loved ones or casual acquaintances as you go through this tough time. They only consider the fantasy, not the actual situation you’re in. Therefore, if you find yourself in a difficult situation, consult a qualified therapist.
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