Over-privileged children tend to act recklessly without considering the consequences. Often this leads to them hurting themselves and their families because of addiction and/or violence. In other cases, their actions ruin the lives of many—such as when one affluent Texas teen killed four people in a well-publicized drunk-driving accident. We’ve seen a growing number of these children in recent years, driven in large part by the burgeoning number of extremely wealthy families. More rich and Super Rich families (those with $500 million or more) are being minted these days than at any time in history. Assuming the same percentage of children of the ultra-wealthy act out and there are considerably more such families, there will be a significant rise in the number of over-privileged children.
