How Wealth Changes People 

This reminds me of Kendall Jenner saying just a few weeks ago that she never benefitted from her family name and had to work from the ground up to become a model. This video clearly explains the delusional state that wealthy people live in. In her case specifically, she already had the connections to get into that industry, she had the money for the surgical enhancements and the possibility to enter modelling classes. The average woman does not. So to think that she just "worked hard" to get there while ignoring every privilege that her family's inmense wealth has gotten her speaks volumes. The sad part is that a lot of average people worship the wealthy, thus adding to the sense of entitlement that they ALREADY have.

you always hear about how Jeff Bezos started Amazon in his garage, but not about the $250,000 his parents gave him.

Regarding the 'more likely to break road rules' thing. I reckon this is largely due to there being reduced consequences to your actions when the punishment is usually a fine and you have enough money to not give a shit. That's why the Norwegian system of issuing fines proportionally, based on income, strikes me as not just fairer but actually just more effective at enforcing the law.

There's a Max Weber (one of the founders of sociology in the early 1900s) quote that goes a bit like this (after memory): "In every social order, those at the top have a ceaseless, intense need to justify and legitimize why they are at the top."

I once did my civil protection hours at a horse race event thing (those where they hop over obstacles), I was pulling parking lot guard duty, which consisted of me keeping anybody out without a permit for their car. Some young rich lady whose dad had a camper parked inside did not accept that I could not let her in without a card for her car, so she literally drove at me and made me fall on her car and then back on the pavement. I did not get injured too badly (though my hands were bleeding and my shins banged up), and she got forced to apologise to me by my superior and the race organizers, but she really behaved ruthlessly towards a poor sod that at the end of the day was just doing his job. This experience will never leave me, and it taught me how shit and below consideration the wealthy can treat you.

Sometimes I worry I'm narcissistic, then I meet a narcissist and realise that I'm all good.

This happens on a micro scale for the poor every payday, there's about 5 minutes before paying bills where you're on top of the world

I'm in my 30s and I watched several acquaintances and friends of mine rise up to some extent of money. Mostly by getting into their parent's businesses (of course at the top, not the bottom) or by marrying into such households. And keep in mind that I don't talk about billionaires or super rich. That is a whole different story. But event at this level of richness, it is stunning and saddening at the same time to watch how these people change over just a few years. They start as humble fellows with some kind of realistic view of the world. As the years go by you can literally see, hear, and feel how they lie to themselves and all of that humbleness fades away. That they're 200k+ salary per year is a pure result of their own efforts, their education, and their expertise. Other just simply didn't work hard enough or aren't that smart. The thought that they simply got lucky never even crosses their minds.

Hearing how Jeff Bezos’ laugh has changed as he accumulated his massive fortune is bewildering, and testament to this thesis. He started off as a normal sounding guy and now he laughs like a supervillain.

To test a man's character, give him power (and money is power).

I work in tech. I was homeless, I had to claw my way out, work exceptionally hard, train harder than anyone else had to get a chance to get into my industry on pure merit, and continue to train exceptionally harder to stay here. My skill and discipline are unequalled due to my endurance and experience. I have kids half my age dare turn their nose up at me because my parents didn't have money to pay for a degree. A degree I do not have, as I am self taught. I get nothing but disrespect from the haves, who look upon me with utter contempt for my skills I earned the hard way. Ironically they covet my ability, yet could never comprehend the sacrifice it took to get it.

I went to a boarding school with some kids who had rich parents - so they were born into the “rich” world and never really had to work for their money. Let me tell you: they were all living in a completely different reality. Most things didn’t really have value to them. We were living together and one of my classmates wanted to throw the dishes away because she didn’t wanna clean them - so she asked me if she should just buy new plates the next day because she didn’t feel like cleaning the ones we had used. Or when we’d go out she’d always order a taxi no matter how short the distance was - just cause she didn’t feel like walking home. Designer handbags and fancy clothes are one thing - but it’s those little things that let you know how vastly different our day-to-day life can really be. But on the contrary: I had been friends with a girl who also had rich parents and even though she also didn’t really know the value of money, she was nice, kind and never judged others for having less than her. Yes - she was kind of blind to my reality of life but that didn’t mean she wasn’t a good person. I’m actually glad I grew up having to earn my own money on the side if I wanted to buy something nice for myself. My parents taught me that things have value… you learn to appreciate everything way more, even the littlest things and it makes life more multi-faceted in my opinion. Gratitude is a good thing! Life must be boring if everything is just handed to you on a silver platter… I think that there really are different realities for people - having lots of money means power and also: endless opportunities. But where’s the fun if you have all of that to begin with. I think life is a game and games are boring if you never have to sacrifice anything and are just declared as the “winner” from the start. The journey and the challenges you have to face along the way are what really makes life interesting imo.

They say money doesn’t change you, it just reveals who you really are

There was a short comic about a super rich royalty dude that was tired of his servants waiting on him hand and foot for everything, and he found a guy that looked just like him so he could switch places with him that was a 'normal dude'. The normal dude kept having servants come in and 'test' all of his foods, his bed, etc. for poison because the rich dude had enemies. Then he freaked out when servants came in to wipe his ass after he took a dump. After a day of this we bolted out and went to find the rich dude he traded places with, who was in a public bathroom the whole time waiting/expecting someone to wipe his ass.

I'm willing to test these theories if someone wants to fund me

To be fair, Monopoly is totally random and bullshit whenever I play that game, except when I win then I am a titan of industry who deserved to bankrupt my parents when they land on my hotels

I think that the most interesting experience in my life was when I talked to a guy who was friends with a newly wealthy and famous person who described how it changed him. Our conversation went like this: Him: "He's not fun anymore. He only cares about his numbers." Me: "What do you mean?" Him: "He's obsessed with making his big numbers even bigger. More viewers on his webpage and more money. All he does all day is look at his numbers, and if they aren't growing he becomes depressed and angry. He then calls his employees, team, and friends and asks them what he can do to make his numbers bigger. It's exhausting to deal with him because his entire life revolves around his numbers."

Kind of unrelated, but not really, I remember seeing a documentary on modern art and one artist was saying his work was selling very well. But he knew the people buying didn't actually like his stuff. They bought it because they had been told by their highly paid art adviser what this piece of art would appreciate so that's what they bought. What they actually liked had nothing to do with it. Unfortunately I can't remember the artists name but i do remember him saying, "You're talking about people who wouldn't buy anything if they weren't sure they couldn't sell it on for a profit."

"The problem with getting everything is you run out of reasons to keep trying, and human interaction becomes impossible due to imbalance." - Notch, Creator of Minecraft after selling for $2.5 Billion.

This is so relevant. My husband once worked as at a job as a contractor where there were about 4 or 5 layers of contracting between him and the people paying for the work to be done. Those extra layers did _nothing_ but insulate those people from average workers. And mind, he was working as a computer technician, so it wasn't like this would have forced the to talk to people who *gasp* did manual labor. Also, this made his job much harder, because the it meant that even though his work was necessary for the organization, no one in the organization was actually involved in it on any real level. There was no coordination of work. So his job interrupted the people working there, and their understandable but frustrating lack of cooperation slowed the process he and other contractors were working on. Almost every time companies "streamline," they make the lower levels work harder and have less people. But the real waste happens in upper management, just to give people at the very top lots of distance from those with less power.

Ultimate expression of entitlement: telling others "You'll own nothing, and be happy."

Had a rich friend for many years. Went out to eat all the time. He'd calculate a tip based on his own set of criteria. I, on the other hand, could seldom afford to go out. When I did, I tipped everyone 20% and above. Always stayed within my means. I wouldn't go out if I couldn't afford to be generous. I doubt I'll ever be very rich, but even if I did, I'd still rather hang out with regular folks than the hoity-toity kind. That's probably why I'll never be super rich.

One thing I have noticed about the rich is they sometimes justify themselves by liking to appear morally superior. I had one client whom was quite wealthy once suggest to me that I should show gratitude and be thankful for what I have got. Now I entirely agree with this statement but coming from a client whom I was working for that was considerably wealthy, did not really pack a punch to me. Coming from her the statement smelt of hypocrisy!

They say money can't buy happiness but it puts a smile on my face every time!

The pandemic has Georg ready for class warfare

The best "How to get rich quick" video Georg, Thanks. To get it all I need to start believing I deserve it all.

I was born relatively privileged and even I can recognise that a HUGE reason why I can afford to live the way I do has to do with: -Being born in the right station. Not once did we ever have to worry about affording food/rent/utilities/tuition/medical bills/etc. But also "in the right station" in that I was raised by a loving and supportive family that encouraged me to pursue my own passions. -Being well connected. I grew up with teachers, mentors, and role models who could always point me in the right direction when I needed help. I also grew up around influential people who taught me the ins and out of how interesting things worked. -Dumb luck. Literally just being in the right place at the right time. Sure, it helps to be smart, socially astute, hardworking, and talented. But the truth is, there are billions of people who are all of those things and they will live and die in poverty in spite of that. And there are a few people who are none of those things who have enough wealth for a thousand lifetimes.

I have a lot of experience working closely with startup-companies. From my observations; self-entitlement, lies and emotional manipulation, are definitely a way better strategy for getting rich than anything else. Look at the history of most big tech companies, and you'll very often find some huge betrayal in there. It's incredible how well it works. The kind of lies I have seen people be able to get away with is unbelievable. No one ever really questions or investigate anything, they see what they want to see, what fits the narrative.

Thomas Dolby - She Blinded Me With Science, what a tune!

Ever since Georg got his hands on that cursed Ghanian Gold he has become different. Might be the curse. Probably the curse.

If I were on Titanic, I would be the guy trying to build a one-man raft out of deckchairs.

My grandfather told me once, "Money isn't everything, but it is how the score is kept."

I always felt this would be an interesting interpretation for Batman. He feels almost guilty of being so depressed despite having so much that he desperately needs to save others.

"You take a mortal man And put him in control Watch him become a god Watch peoples heads a 'roll"

Something I’ve seen many times working at many different houses is people that have money won’t bring you a bottle of water while normal people will bring out Gatorade, water, beer, pizza, etc.

I live in a fairly affluent area of Sydney, Australia. My dad inherited the house we live in from his mother who bought it back in the 70's when house prices weren't as insane. He grew up in a working class, single parent family etc and found it hard to get a job even though he got a law degree from the top uni in Australia. Most firms required you to a)know someone or b) have gone to a private school. After working for 30 odd years he's middle class with the mindset that he is still poor which I believe has made him quite humble. I spent the majority of my childhood with my mother in rural NSW, supremely poor so when I moved down to live with my dad in this middle class area, it was a massive culture shock. I still live and work in the same area in customer service (haha). On average ultra wealthy individuals that I encounter are demanding, overly individualistic, narcissistic and less understanding when products are delayed. They tend to talk down to you more and assume that you are "stupid" and quite surprisingly ask for discounts or favours, which makes me laugh when I see them drive in and out of the car park in their G Wagon's, Range Rovers etc.

This makes me think of all the youtubers who move to LA and then everyone says they changed. It wasn’t LA that changed them, it was the wealth they acquired to be able to move to LA. It’s like once they lived in a mansion and drove a Tesla, they lost the personality that gave them success in the first place.

rich people are not selfish, just look at all those foundations; just ignore the tax avoidance and how that makes them more wealthy.

i just read George Rockall-Schmidt's "Think like a bastard", best book I've read since "Art of the Deal"

Thank you Georg, it's important for more people to hear this. I think it's also worth talking more about relative wealth. I agree that wealth isn't purely relative, but when I'm feeling hopeless because I will probably never own my own home, do I really have any right to feel that way when there are people who don't know if they'll be able to feed their child? I live in a safe part of the world and I never go without food or shelter, I also have free health care, I'm lucky compared to many millions, but I'm one of these 'rich people'. I think you usefully dwell on the issue of luck - I know that my advantaged are mostly a matter of luck, a good 80‰ at least, probably more, and we need to build a culture where people recognise this and that what you deserve is more about reaching some kind of absolute human standard and less about 'self made men mythologies'.

"Why would anyone work unless they had to" is an ignorant denial of human behavior and values of our society. Plenty of us LIKE working, we just hate our boring, bureaucratic jobs. Work can also include things most of us consider "hobbies" because income we make on it would not be enough to live on. For example, artists that sketch/paint and sell paintings they don't want, or do commissions in their free time. People that grow veggies in their garden or people who have chicken in their backyard, that takes work. People that love to bake and sell their confections in farmers' markets.

As someone who grew up in intense poverty, I can tell you there is just as much cognitive dissonance at the bottom.

I agree with the link between narcissism and rich people. My ex-wife was narcissistic and now she is rich. Strange thing I'm no more...:(

I work for the guy that owned the Boston Celtics. Every multi millionaire in around in my job talks endlessly about socialism being great. About how much they care. Yet they are insanely rude ti anyone that’s middle class and super tight with actually spending a dime that’s not on themselves. They tip terribly & give less to charity than middle class people as a proportion of their income. My personal experience made me look up studies and sure enough they DO tip this, they DO give less to charity. These facts ruined me a few years ago. I realized none are actually socialist are least one the rich class around Boston. It’s all just talk. It made me get out of politics cause it’s hopeless . The virtue single really good tho.

Fantastic output as usual. Seeing as you just uploaded this I haven't even had time to watch it, but it's one of those things that's a given in life. Awesome work!

Q: How wealth changes people? A: With interests.

As someone who has long worked in the service industry and in the past few years dealt more the usual with wealthier people...yes I know rich people tend to be jerks.

I have some family that went from upper middle class to mansion rich & they completely changed. Their kids grew up entitled, barely educated, & their parents begrudgingly let them live for free in one of their estates in Florida.

It is true. Everything he says is true. I live in an poor country and it so happens that people from myu town were employed by the US government with several year contracts and they got 1st world salaries for a period of time. Many from my town worked for US companies and made some cash so they could buy brand new cars and apartments and actually afford some more relaxed lifestyle. One of my cousins changed and he was not even employed for a long time. He became more arrogant and he was one of the humblest persons I ever knew. Suddnely having even idk 10 000 usd on his balance sheet changed him in a bad way. it was as if all his humbleness was just an act. its not true that everyone of them become arrogant but majority did. The smartest of them actually stood firmly on ground and forced themselves to act humble never forgot they came from piss poor conditions. But I had no doubt what they were thinking about themselves in their own heads. but from a person born into it - you cant expect humbleness. They are born, shaped into believing they are above many. Just look at Trump. Do you think that man has ever said a heartfelt "sorry" to anyone in his entire life?

If you go to a very poor country you will often find that they are very generous with the little they have. Meanwhile if you are where they can cover their basic needs thousands of times over, you will be shot in the face for daring to be there. They are both legitimate survival mechanisms. In the first cooperation can lead to survival. In the second, everyone is trying to get your stuff.

I don't know what this guy is about, but I subbed anyway.

It's an interesting psychological situation when people think they're better than others that it affects their ego. Come from a teaching background, I tell people that I try to consistently tap back into when I was a student and try to figure out the best ways to teach. A lot of other teachers things they're better and so whatever they say is right and no student can correct them. It's weird, but also feels like a thing people can easily slip into if you're not keeping in touch with how you started

Bill "I used to hangout in Epstein's island" Gates.

One aspect of wealthy people in the United States is that not only a sense of entitlement. But there is this persistent attitude that not being wealthy is a moral failing. You are poor because you are lazy or lack some other virtuous traits that made you poor. (its all your fault).

No one deserves more money than they need to live comfortably, no matter what one does for a living or what one has inherited. If one can afford to live in luxury, then they have too much money. Society moving forward needs to eliminate _both_ poverty _and_ excess.

Another thing I've noticed is that people who are doing better then you in life will rarely pick up the phone first and want to meet up,while people who are behind you will try to do so.

George I gotta apologize. These videos won't fit into my schedule my 10 year plan and CEO Mindset.

I have had some exposure to rich people growing up. I completely agree with what he said. The more people give and the more modestly they live the happier they were. This is important viewing for a lot of people making six figures. I really don't care how much money you have, (or don't have), I just care about what kind of person you are. Getting lots of money, just reveals who you really are. Thank you.

People who know little about science often thinks a couple of studies = consensus in the scientific community. This is not true. Theres also a reason why 99 % of all studies end with the recommendation that more studies are needed in the field. The quality of studies can vary from poor to good. The conclusions of the studies mentioned seems to be pretty far fetched.. comparing a game of monopoly with real life and label it as science.. common...

Have you ever met or were surrounded by very wealthy people and you just feel uncomfortable? Even if they are being very nice to you? It's not the feeling that I don't belong but we are psychologically very different. It's just a feeling that nags at me that I can't actually trust these people or be open with them for fear they'll use it against me.

Remember, it is only "on average". This means that there are a lot of wealthy people that are humble, down to earth and good, and that there are a lot narcissists out there that are not wealthy. Though I do agree that on average money do change people, though not all people.

I found it interesting when he was talking about being surrounded by other rich people, so he didn't really realise how well off he was. It was the same but opposite for me. When I was a kid, I was at the poverty line, but so was everyone else in my area. So I really didn't realise I was poor until my teens. Now I'm making very good money in my twenties, and have different people around me. I realise now we were quite poor and perhaps raised in a bit of an odd way, but I still don't FEEL that I was poor. I think it's easier to stick to reality coming from a place of less privilege, and I still recognise I was more privileged than others. I at least had opportunities.

Although I believe wealth can reach a point where it becomes obscene, Chelsea Clinton spending five million dollars on her wedding comes to mind, what you've got to remember is that wealth is relative. Everyone watching this video is wealthy in comparison to most of the people in the world. In the last few days you may have, for example had a coffee and a muffin at a cafe. But think what those few dollars that cost would mean to someone who hasn't eaten all week. And yet we didn't give that money away, we spent it on the coffee and muffin. Its all relative.

Wealth turns people into sociopaths.

When I lived in Boulder County, Colorado I installed marble and granite for a living. Funny thing about that experience. The citizens of Boulder (the city, not the county) generally thought of themselves as wealthy and/or otherwise elitist. But I did jobs for people who lived up in Snowmass and areas around Breckenridge and Vail. Those people had real money. In a way that Boulder could only pretend at. I never had a complaint about how we were treated on those job sites, but down it Bolder it was not uncommon for the homeowner to not even offer us water or allow us the use of their toilette. All wealth isn't the same and neither are the people who "have it". I think the greater problem surrounds the concept of elitism. Georg, when you rise to power, please don't make me stand in a bread line, yeah?

"As my father says, 'there's nothing with nepotism as long as you keep it in the family'"... lmfao 😂😂

My man it's getting BASED by the video

I can never feel sorry for rich people.

At the beginning of the video, I thought about Popoff. At the end of the video, you use him as an example in a cut. I'd be interested in the lower end of the spectrum and the tendency towards more communist ideals in those from more disadvantaged backgrounds. As obvious as it sounds, perpetual "poorness" and shunning of the current systems must contribute to the maintaining the status quo. I'm reminded of the triangle in 1984, they only need to keep the outer party under the cosh to keep order. I am however drunk on San Miguel from the special Euro championship deal on beer and veggie burgers from the co-op. The 2021 soma.. Fascinating upload again, thanks Gman. Edit: The guy in the cut was actually Kenneth Copeland, those guys are stored in the same "religious fuckface" portion of my memory.

Question: Do unethical traits make someone more likely to succeed, or does wealth cause people to have unethical traits? Answer: Yes.

Not totally correct as people of “non-wealth” can be equally selfish heartless and deceitful… As desperation can be equal to those who are trying to hold onto their wealth no matter how they got it. Everyone is ignorant in something as we can not know everything.

Considerably richer than YOWE…

I think it's worth mentioning that it's all relative. Compared to billions we are the wealthy

So in other words it reduces shame and social carefulness. It's also a response you can see when someone feels cheated and powerless. Powerlessness and Powerfulness break the social game as you gain very little from the community in both cases.

It's always good when science backs up something we all know intuitively. I wonder what it looks like if you did a similar study in different cultures - like the many tribes of Papua New Guinea for example.

This video is going to have a different feel to it a few years from now when Georg makes it big in Hollywood.

I've had jobs where I've had to serve rich and poor, and the rich were usually nicer. Granted, these were mostly people who had earned their wealth, rather than inherit it, and maybe the social skills that helped them rise also made them easier to serve. Middle class people were usually pretty nice, but wanted more service than the rich.

I subbed years ago for chill movie analysis but now you’re on the biggest streak of the most based content i’ve ever seen

I was recently watching some interviews with Abigail Disney and she seems to agree with a lot of these opinions (in addition to having some interesting insight on what happens in the a boardroom of a corporation or charity). If I recall correctly, she's part of a small group of billionaires who are trying to use their influence to make sure they have less influence, if that makes sense. Basically trying to end rich people's easy access to political power.

Rich people tend to develop echo chambers to reinforce their values. This creates a small domain for theirs existence to act upon others, yet once they go beyond such boundaries their power vanishes.

This videos are fueling the fire of my hatred towards the upper class. Thank you.

That feeling when you know that the people around you are only around you because you have money ..... And those people around you say that feeling is a 'bad thing' ....

my partner is from a very wealthy Brazilian background (butlers, drivers, the works), I joined his family and social circle (im from a council estate in the north) and although i love him and we are trying for a family...my god is he from another planet. we got into an argument once and I told him how for me, i had a lot on my plate (my dad is very ill, my job is shit, i have to financially support my family, i have mental health trauma from my council estate days) and he was like 'I HAVE ISSUES TOO'.... the most serious concern in his life was that I left the lights on too much. not joking. that was it. I can't even, love him tho! xx

Great breakdown George, like the psychological analysis and love the clips you chose

That monopoly study sounds fishy. What person in their right mind would WANT to play monopoly?

Very well explained. Marx was usual to say that material condition shape individual and collective consciousness and that's so blatant about rich people.

I would love to be a test case if people want to give me money ...so poor i cannot even pay attention

"Wealthier people tend to be more selfish, entitled, and unsympathetic." It's the other way around. Money doesn't corrupt, corrupt people like money, and corrupt people are far more likely to get ahead when making money. Give a person 1 million and theyll probably waste it on luxuries, travel, and debauchery. Money doesn't kill the same way guns dont kill. But very terrible people see it as a tool to put themselves ahead. It's a shame most people put their human traits on tomb stones and not their net worth.

What's also true is after the 2008 financial crisis, when the spotlight was lighting up the sickness of wealth in America, all the sudden there was a lot more highlighting of divisiveness in race, political affiliation, and woke rights in media. Then magically all the hate was directed sideways among the commoners instead of upwards at the elite.

I have mixed feelings about the opinions presented in this video, but one thing is for sure: I still want to be incredibly wealthy! 😂

1. I know some broke a** people in my family who are narcissists 2. Ask anyone in the comments and if they’d like to be wealthy, and I guarantee you they’re gonna say yes 3. Your social circle changes bc your access to things change 4. This whole video seems like a wonderful way to convince you to stay poor 5. Dream big, God above all, be rich in body mind spirit, future and wallet, and make that money!

Fantastically well put together video, thanks a lot for your insights on this :)

Wealth & power just magnify what you are already are as a person at your core. Good people don't suddenly become bad/sociopathic or vice-versa. People who pursue wealth & power with the greatest zeal tend to be those least likely to wield it with integrity & benevolence.

wealth don't change people, it just magnify who they really are

A wealth cap should be established. Don’t get me wrong, people should make more based on merits. But it’s a fact that too much of anything can be bad. There should be a cap.

Generally to become rich and successful. One needs to step on someone. Once you have done that a couple times. It becomes easy. It isn't the "big sins" that hurt others the most. It's the small cruelties piled up over time.

Wealth doesn’t change people. It just amplifies their character

i can tell you watched the rich kids documentary i love that one. its very telling on how being born rich keeps you in those circles of isolation.. thats why these rich politicians that make our laws have NO IDEA the problems normal people have. its because they dont even live on the same planet as the rest of us.

"I honestly think I'm more deserving than other people." - Yes. You are more deserving of a good slap than other people. Eat 👏 The 👏 Rich 👏

A friend of mine recently got promoted to a much higher-paying job in the same building. Each floor is like Bruce Lee's Game of Death, except with earned annual income. She occasionally takes in orders for school fundraisers and it's crazy how much more resistant the richer folks are when it comes time to pay up. Back on the "blue collar floor", they'd pay immediately and often give extra as a donation.