BREAKING NEWS

Sad Super-Rich Feel Super-Malaise

Oct. 27 2008, Published 7:07 a.m. ET

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BILLIONAIRE BLUES Prince Alwaleed (Photo: Getty Images)

Is Prince Alwaleed's purchase of a $300 million-plus "Flying Palace" a sign of his psychological inadequacies? Alwaleed, the largest individual investor in the beleaguered Citigroup, just lost $2.5 billion of his personal fortune due to the mortgage meltdown, but apparently decided he needed a little pick-me-up. Like any good mustachioed princeling, he dusted himself off and went shopping for an A380 superjumbo to add to his toy airplane collection.

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But before your blood starts to boil at the injustice, take consolation in the news that you should be pitying rather than envying the billionaire next door, according to a series of studies pinpointing a syndrome called Wealth Fatigue Syndrome.

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