The question I have for people in such situations, as in “suddenly wealthy”, is how do you manage your dependents? Some background may be in order. I suspect f

The question I have for people in such situations, as in “suddenly wealthy”, is how do you manage your dependents? Some background may be in order. I suspect for many such people the wealth was earned, and so I am disqualifying inheritance and lottery. In the case where wealth is earned there may be some people who had to toil with excess work in great risk with need of excessive discipline in the face of potential failure. For these people I suspect the discipline and patience necessary set expectations accordingly and so the realities of sudden wealth are but merely a new challenge, in a line of many, to manage with prudence. While such people may have the personalities and experience to leverage careful decisions about the day to day realities of the new wealth those personalities and experiences are likely not equally present in their spouses, children, and other personal beneficiaries. How do the wealthy manage their dependents with regard to new wealth and access thereof? I imagine there might be new problems with spending habits or that they may develop a new sense of personal entitlement or arrogance among the immediate dependents. The change can be sudden or it can be gradual such that the changes rise slowly in proportion to the resources available at any given time. I have personally observed this phenomenon on a tiny scale in my own life as my earning power has increased over time and it destroys any lust I might imagine for any sort of wealth accumulation. Has anyone wealthy encountered something like this and solved for it?