Why are rich people motivated by even more money?

i dont get it either....... there would be an amount of money - and i dont know how much it is, but its significant, enough to set my kid up for life (in a trust so the little sod still has to get qualified) as well as us, our family and help out close friends

but anything beyond that i would use to try to do something "good" Note i am not being some halo wearing goodie 2 shoes, i would make sure i had enough rainy day money to cover me for a monsoon the type you need to build an Ark for.................
 
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dlockers said:
You are confused what "work" is. Almost any administerial job would fall into the same bucket - they are parasitic cost items to what actually generates the value.
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No, I'm not. Real work is an activity that generates actual value to another person, and saves them the time of doing it themselves. Examples would be food production, graphic design services, technical services such as a heating engineer, etc etc. Banking is essentially making loans, which is charging people money for lending them money, which people will then use in the real economy to get real value. Banking is therefore a parasitic activity that piggybacks on the real economy.
 
radderfire said:
No, I'm not. Real work is an activity that generates actual value to another person, and saves them the time of doing it themselves. Examples would be food production, graphic design services, technical services such as a heating engineer, etc etc. Banking is essentially making loans, which is charging people money for lending them money, which people will then use in the real economy to get real value. Banking is therefore a parasitic activity that piggybacks on the real economy.
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:cry: :cry:
 
radderfire said:
No, I'm not. Real work is an activity that generates actual value to another person, and saves them the time of doing it themselves. Examples would be food production, graphic design services, technical services such as a heating engineer, etc etc. Banking is essentially making loans, which is charging people money for lending them money, which people will then use in the real economy to get real value. Banking is therefore a parasitic activity that piggybacks on the real economy.
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Show me on the doll where the banker touched you.
 
that's just how people are, just because they are rich does not automatically make them immune to the lure of more and more wealth

same with criminals they keep risking their freedom daily even when they have millions in cash already that they cant launder anymore
 
I think they got in right with only fools and horses , after becoming millionaires with the timepiece Dell boy was missing the chase and the dodgy dealings , reaching your life time goal but that's not really where the happiness lies maybe so you chase more
 
We've touched on this in other threads.

But I see how an f1 driver would. Less so the money. F1 is something where you get paid a shed load for doing something unique.

I get it less when I get you're a ceo.. But as others have said.. As a pleb I can't imagine what that job is like. It's probably not difficult. And just because it sounds like a nightmare to me.. Some people probably love/need it. Like those who retire and crumble because they don't have any motivation without work.
 
Footballers I understand more - they know their career could end at any minute, and coaching etc might not work out for them. If they've become accustomed to buying £200k cars, then even their strong earnings so far aren't going to maintain them for another 60 years.

For people in finance etc, I think it just starts to become part of their ego. So if they earned £700k last year, they want to earn £800k this year.

And they will never think "I'm done".
 
Raymond Lin said:
You grow accustomed to whatever level you get and then you want more, it is human nature, call greed.
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That would have been my first thought too, however my boss is a multi-millionaire, has been since he was in his 40s, is now in his mid 70s and has never been one for a lavish lifestyle. He is in the same house he moved into over 30 years ago, drives a 20 yr old Audi A8. But he is always into new business opportunities, and trying to drive forward his existing businesses.

So I think it is a few different things.
For sure some that come into money "easy", their lifestlye just goes totally crazy, if they have a house, they now need 3 houses in 3 different countries, and now only wear clothes the once. So now they need staff in all those houses, and multiple cars at each place, and likely a chauffeur And, Nectar island looks good lets do a month there, and a Yacht would be nice...but hold on that one there looks nicer....etc. And then think of where some footballers came from, a lot of them (not all of course), if they didn't have that natural ability, they would have been doing really low paid jobs or into criminality, so some came from bugger all in a financial sense, and it is really like winning the power ball lottery in the US. And if you think footballers are prime for this you are right, but then look at the literally £100s of Millions being thrown at a single golfer to go into the Saudi league. The nature of golf is that it's mostly people who came from good earning households (it costs much more money to get into golf than say be discovered as a footballer, basketball etc). And so the obvious "in yer face" display of wealth isn't there.

For others it is a sense of greed and it's all about the bigger and bigger bank balance, whether they spend it or not.

And some (like my boss), it's their thing, being successful is the driver, and successful is taking an idea, jumping over all the hurdles and setbacks to make it a profitable business, and then the next deal etc.It's what gets them up in the morning.
 
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krooton said:
That an a lot of people who become vary wealthy tend to have narcissistic personality traits, so "more more more because I deserve it" becomes a thing.
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I think this and the company they start surrounding themselves with. Someone is always richer than you and it becomes a competition.

I have a good friend and his dad is pretty well off from multiple businesses, and so is his uncles in their own businesses, but his dad hangs around with guys that make him look like he's poor, so there is always the feeling of inadequacy. He has a Lamborghini sitting in his 3+ million 6-7 bedroom house, with a cinema room and a kitchen bigger than the whole downstairs of my decent sized 3 bedroom house, goes on holidays multiple times a year spending thousands but still claims poverty.

I also used to work on Mega yachts for billionaires and they aren't much different. Always trying to one up each other with a bigger yacht, yet when it comes time to pay the bills, they all of a sudden dont want to pay.
 
stuie said:
I would say for number 1 or any proffesional athleate, earning while you can is a big one, they have a limited number of prime years and a long time to try to pay for their lifestyle once age kicks in
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This is true to an extent I agree, but in a lot of cases they really won't run out of money even if they quit for good tomorrow.

Jim99 said:
Footballers I understand more - they know their career could end at any minute, and coaching etc might not work out for them. If they've become accustomed to buying £200k cars, then even their strong earnings so far aren't going to maintain them for another 60 years.
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I'd say actually they can though some of them. A lot are made for life already and could continue a very nice lifestyle for ever more. Yet they chose to push to earn more. What's the difference really between a couple more cars or boats?

Perhaps the answer is simply because they can and it's habitual.
 
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With footballers it's a case of maximise earnings whilst you can, because you won't be able to do it for ever.

For others, it's a lifestyle thing. They enjoy the process of earning money, they like the way their life is, so they just stick with it. How much money they already have is an irrelevance.
 
Yep, I'm definitely of the opinion that at some point it becomes more like an Xbox gamer score. Its just a way of willy waving and ranking yourself against people who have the same values as to what success is.

I totally accept that some people get bored with no job, but they could easily do 'charidee work mate' for free and use their obvious skills for the greater good, but most don't.
 
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