Listen, you give me $10M, and I will sing songs and make merry while I give $9M away. It is just a case of diminishing returns, when you live in your in-laws t

Listen, you give me $10M, and I will sing songs and make merry while I give $9M away. It is just a case of diminishing returns, when you live in your in-laws trailer with your 3 kids, a $30k trailer can make you a lot happier. When you live in a $500k house, a $1M house has much less effect on your happiness then that trailer did. Millions of dollars more probably isn't really noticeable day to day. Going from a boat to a bigger boat, a house to a bigger house, an X to a better-X doesn't do much for you. That first 50k in the bank does everything. When you have a year of living expenses in the bank, you don't fear losing your job. When you have 10 years of reasonable expenses in the bank, you have freedom. It's the points that you have something you didn't have before that make you more happy. If this guy gives away his money to the point that he starts giving things up, not just having to downsize, then it is a story. A story about an idiot (prophet?), but otherwise it doesn't mean anything.