Yes indeed. Being bad at managing wealth can only destroy the wealthy himself ..
Every wealthy person on earth should consider that . One way to have a happy life (other than living in castles, riding Lambos, wearing fancy shoes and engaging with classy ladies)
IS aiding the poor and helping the needy who could live just a couple of blocks from your fancy house .
I mean if you are a millionaire, giving somebody a 200$ or even 2K$ won't make you poor .. And look at the smile you brought to his face
That smile will bring you the happiness you could never buy .. 😊