Regardless of whether they are ‘self made’ or ‘second gen’, the ultra-rich have unique psychological profiles amongst the general populace. In my experience, both categories of billionaire are dominated by interminable existential crises — although each displays nuance when it comes to confrontation. The ‘self made’ have a tendency towards aggressive megalomania, while ‘second gens’ demur in favour of nihilistic hedonism.
My main observation is that for individuals born into extreme wealth, it is almost impossible to grasp anything about material or social reality. In Gatsby, Fitzgerald describes rich people as “clumsy” — instinctively “retreating into their money” to avoid ever facing the outcomes of their actions. This is certainly true for second gens. To inherit a condition of unjustifiable wealth means to never experience cause and effect. All external pressures are alleviated by capital: there are no consequences to missing a deadline, to not finishing a project, to dropping out or giving up. It is terrifically difficult to fail, in any normal sense.
When they travel, the ultra-rich do so through private means. The car takes them to the aerodrome, where the plane takes them to another aerodrome, where a car takes them to the destination (with perhaps a helicopter inserted somewhere). Every journey is bookended by identical Mercedes Vito Tourers (gloss black, tinted windows). Every flight is within the cosy confines of a Cessna Citation (or a King Air or Embraer). The amenities (even the menus) are identical in Marrakech, Monaco and the Maldives; in Como, St. Kitts, Zermatt and Oman. The ultra-rich never wait in line at a carousel or a customs table or a passport control. There are no accidental encounters. No unwelcome, unapproved or unsanitary humans enter their sight – no souls that could espouse a foreign view. The ultra-rich do not see anything they do not want to see. More accurately: these people simply do not see.