This website uses cookies to make sure you get the best experience on our website. You can find more information under the Privacy Policy

OK, I got it
Latest

Affluent Neglect

Society expresses great concern for poor, underserved children and the increased likelihood they may lack access to health care and education, or that they may turn to drugs or crime in adulthood. Less attention is paid to children of affluent parents who have their own set of problems. Emotional neglect often goes unnoticed or unreported, which may…

Read more

What is Dialectical Behavior Therapy?

Dialectical behavior therapy (DBT), developed by Marsha Linehan, Ph. in the 1980s, is a type of talk therapy originally designed for high-risk, suicidal people diagnosed with borderline personality disorder. Today, DBT is used to treat people struggling with a range of complex and intense emotions, including substance abuse and addiction, PTSD, bipolar disorder, eating disorders,…

Read more

The Pandemic-Push: Why are so Many People Suddenly Buying Prescription Drugs Online?

Prescription-med sales skyrocket due to the pandemic, but when does use become abuse? Paracelsus Recovery’s experts weigh in. More and more people are illegally purchasing prescription medication such as anxiety or sleeping pills online as the pandemic takes its toll on our wellbeing. The pandemic has left a mental health crisis in its wake. Rates…

Read more

What is Narcissism?

On Wednesday, Harvey Weinstein’s 23-year prison-sentence marked a historic moment. Because many have called him a narcissistic, Paracelsus Recovery explains what narcissism actually is. Narcissism is a highly complex personality disorder (NPD). A personality disorder is a type of mental illness that leads an individual to have a distorted pattern of thinking and relating to reality. In…

Read more
prev
/
next

Untreated Mental Health Conditions Can Impact Family Wealth

At Paracelsus Recovery, we have seen – time and time again, how untreated mental health conditions can destroy families through its breakdown in communication, care, and a sense of a family unit. Unfortunately, issues like these are a leading factor in the destruction of family wealth as it passes through generations. However, we have learnt through both personal and professional experience that it does not need to be like this. Our team of interventionists and mediators can help you work through these difficulties and, in so doing, restore your family’s wealth and health.

Read more

Up to 70% Of Family Wealth Can Be Lost Due to Mental Health Issues.

Studies have shown that the second generation loses an alarming 70% of family wealth due to substance abuse, mental health conditions, and a lack of financial planning. This statistic highlights the significance of addressing these risk factors to avoid the unfortunate cycle of "shirtsleeves to shirtsleeves in three generations." By understanding the potential pitfalls and implementing preventive strategies, individuals can secure their family's financial well-being and ensure a lasting legacy.

Open this Infographic

Psychological Causes of Wealth Erosion

While extreme wealth and power provide a buffer from some of life's difficulties, it also creates an impenetrable wall that keeps families isolated and disengaged. Living environments are closely guarded, and children grow up knowing they are 'different.' While the cage may be comfortable, it is a very pressurised environment. Families typically function more like a business than a community, making bonding hard.

As a result, much like in a relationship with one's boss, children learn  that in order to obtain their parent's attention, they must make it 'worth that parent's while.' So, they become interested in what their parent is interested in, which is typically the family business. But, as a result, their passion for the company is rooted in a desire for their parent's love. But what happens when they are in their late 40s and become the company's CEO yet still feel chronically unlovable? It often leads to emotional breakdowns and can even lead to reckless decision-making that damages the company.

For parents and children alike, these internal issues can set the stage for anxiety, depression, substance abuse and co-dependency.

Read more

Many high-powered and successful individuals can feel as though they are not in the driving seat of their own lives. This is particularly true for children of highly successful parents, as they often feel like their life has been laid out before them. Often, they can struggle to find their own sense of meaning or purpose.

That ‘life is happening to me, not for me’ feeling can be exhausting. It zaps our motivation, drains us of purpose and leaves us chronically stressed and emotionally numb. When this happens, poor financial decision-making and ever-increasing mental health issues are common consequences.

Read more

Our research (2015) has found that emotional neglect is a pervasive problem in powerful families. A successful parent is a preoccupied parent whose high-powered, stress-ridden job requires their undivided attention for up to 80 hours a week. Inevitably, this hinders the time they can spend with their children. However, children are hard-wired to idealise their parents and seek their love and attention. Without it, a child's brain may perceive their absence as rejection. This can lead to deep-seated loneliness and insecurities, setting the stage for issues later in life.

For example, affluent children are three times more likely to experience substance abuse, anxiety, or depression than their peers. At Paracelsus Recovery, we often find that affluent neglect in our client's childhood is a leading factor for the onset of these issues.

If you are worried about your child or grandchild's health, we can help. Scroll down to learn more about our treatment programmes.

Read more
Succession Syndrome
Stress, burnout and boredom
Affluent neglect

Succession Syndrome

While extreme wealth and power provide a buffer from some of life's difficulties, it also creates an impenetrable wall that keeps families isolated and disengaged. Living environments are closely guarded, and children grow up knowing they are 'different.' While the cage may be comfortable, it is a very pressurised environment. Families typically function more like a business than a community, making bonding hard.

As a result, much like in a relationship with one's boss, children learn  that in order to obtain their parent's attention, they must make it 'worth that parent's while.' So, they become interested in what their parent is interested in, which is typically the family business. But, as a result, their passion for the company is rooted in a desire for their parent's love. But what happens when they are in their late 40s and become the company's CEO yet still feel chronically unlovable? It often leads to emotional breakdowns and can even lead to reckless decision-making that damages the company.

For parents and children alike, these internal issues can set the stage for anxiety, depression, substance abuse and co-dependency.

Read more

Stress, burnout and boredom

Many high-powered and successful individuals can feel as though they are not in the driving seat of their own lives. This is particularly true for children of highly successful parents, as they often feel like their life has been laid out before them. Often, they can struggle to find their own sense of meaning or purpose.

That ‘life is happening to me, not for me’ feeling can be exhausting. It zaps our motivation, drains us of purpose and leaves us chronically stressed and emotionally numb. When this happens, poor financial decision-making and ever-increasing mental health issues are common consequences.

Read more

Affluent neglect

Our research (2015) has found that emotional neglect is a pervasive problem in powerful families. A successful parent is a preoccupied parent whose high-powered, stress-ridden job requires their undivided attention for up to 80 hours a week. Inevitably, this hinders the time they can spend with their children. However, children are hard-wired to idealise their parents and seek their love and attention. Without it, a child's brain may perceive their absence as rejection. This can lead to deep-seated loneliness and insecurities, setting the stage for issues later in life.

For example, affluent children are three times more likely to experience substance abuse, anxiety, or depression than their peers. At Paracelsus Recovery, we often find that affluent neglect in our client's childhood is a leading factor for the onset of these issues.

If you are worried about your child or grandchild's health, we can help. Scroll down to learn more about our treatment programmes.

Read more
Paracelsus living for UHNW addiction

Interventionist Support

Mental health issues are a complex and challenging experience in and of themselves, but they are made much harder when our family struggles to accept our present pain. It can make us doubt ourselves and prevents us from seeking much-needed and much-deserved help.

 

Painful emotions such as sadness, anger, guilt, or fear can make it hard for loved ones to understand how to adequately respond to their child, partner, or sibling’s ill health. A lack of knowledge about mental health or addiction can heighten stress even further, leading to arguments, a breakdown in communication, and each member of the group feeling at a loss as to what to do. When breakdowns in family dynamics like this occur, it often has a knock-on effect on generational wealth.

 

At Paracelsus Recovery, our interventionist and meditator team can help. We can provide your family with the resources and information needed to understand their mental health condition.

 

Reach out to our interventionists and mediators

If you are struggling to address issues or find a solution with those closest to you: an interventionist can help.

Contact us and talk to a specialist

Four-Week Residential Rehabilitation Treatment Programme

7-Day Eecutive Detox and Restoration Programme
Paracelsus living for UHNW addiction

Three Day Comprehensive Health Assessment