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An article published recently talks of the most bankrupt man in London. He’s the brother of a steel magnate. The steel magnate himself is doing well. A few years ago, this steel magnate wedded his daughter off at a staggering cost of 40 million pounds. FORTY million pounds, for the wedding of just one person. Wow.

Not to be outdone, his brother and now the most bankrupt man, upped the ante. He married his daughter off at a cost of – wait for it – 50 million pounds. Surreal!

Most people could fund 6 generations with that much money. But fine, if someone’s got the money, they are free to spend it the way they want right? Sure they are. But if that person had 50 million to spend on a wedding a few years ago, and has somehow become bankrupt today, what does that tell us? Perhaps a few business decisions went wrong, some error in judgment, a few articles mention fraud as well. I have no idea of the specifics.

But I can’t help but wonder, why the basics are so hard to follow. We all know speed kills, and so does greed. Then why would someone spend so lavishly on something, especially when they can’t afford it. If social status is so important (throwing a big wedding), then doesn’t bankruptcy demolish that very same social status? Being wealthy is great, but why rub it in other people’s faces?

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