Recently I had the good fortune of having “Anis” as my Uber driver. Anis was as he stated, someone with “a Russian accent who looks Latino.” But what made Anis such great company wasn’t his accent, but his outlook on life. He relayed his story of working hard in the shipyards to make a lot of money, but when a tumor was found on his pituitary gland, he realized that money could not give him a life. “What good was having money in my pocket, if I did not have my health?” I asked him if he considered himself a wealthy man now. He said, I am not wealthy with material riches, but I am healthy and I am happy, so I am wealthy.

In ancient mythology, the tale of King Midas serves as a cautionary reminder of the dangers of unchecked desire for material wealth. Midas tells of a man granted the extraordinary power to turn everything he touched into gold. At first glance, this ability seemed like the ultimate boon, promising endless riches and opulence. However, as the legend unfolds, it becomes clear that his newfound wealth was a curse in disguise, leading to the isolation of his loved ones and the gradual erosion of his happiness and well-being. This age-old parable resonates even in our modern world, where we often find ourselves chasing after tangible possessions and riches, only to realize that the true nature of wealth is something far more profound.

The word “wealth” traces its roots back to the Middle English word “wele,” which means well-being or welfare. Its original meaning was more aligned with the idea of having an abundance of well-being, rather than an abundance of material possessions. The entomology of the word itself reminds us that wealth is not solely confined to financial riches; it encompasses a broader spectrum of qualities that contribute to a fulfilling life. Anis got that.

Throughout history, the concept of wealth has evolved to encompass various dimensions beyond mere monetary value. In ancient philosophical traditions, wealth was often measured by one’s virtue, wisdom, and character. Socrates, for instance, emphasized the importance of inner riches over external possessions. He believed that cultivating wisdom and leading a virtuous life were the true sources of wealth that could bring enduring happiness.

 Over time, the emphasis on these non-material aspects of wealth has persisted. In many cultures, the notion of true wealth has been intertwined with qualities such as compassion, charity, humility, and integrity. The legacy of Mahatma Gandhi, who led India to independence through nonviolent resistance, demonstrates that the wealth of moral courage and steadfast conviction can bring about monumental change. Gandhi’s philosophy teaches us that the richness of one’s principles and the ability to stand up for what is just and right are invaluable forms of wealth.

In the realm of art and literature, countless works have highlighted the multifaceted nature of wealth. Shakespeare’s “Hamlet” reminds us that “rich gifts wax poor when givers prove unkind.” This sentiment underscores the idea that even material abundance loses its value when it is not accompanied by empathy and benevolence. Similarly, classic fables like “The Giving Tree” by Shel Silverstein showcase the beauty of generosity and selflessness, illustrating how the act of giving can enrich both the giver and the recipient in ways that money cannot.

In our contemporary society, as consumerism and the pursuit of affluence often dominate the narrative, it’s crucial to recalibrate our understanding of wealth. While financial stability is undoubtedly important for basic needs and security, true wealth extends far beyond the balance of a bank account. It resides in the quality of our relationships, the depth of our experiences, and the authenticity of our connections with ourselves and others.

 When we shift our perspective to view wealth as a holistic measure of our well-being, we open ourselves up to a world of abundance that transcends the limitations of material possessions. The joy derived from helping others, the fulfillment of pursuing one’s passions, and the contentment that comes from leading a purpose-driven life are all manifestations of true wealth.

The story of King Midas serves as a powerful reminder that the pursuit of material wealth at the expense of all else can lead to a hollow existence. The etymology of the word “wealth” and its historical connotations shed light on the multifaceted nature of true prosperity. In a world driven by consumerism, embracing qualities such as wisdom, compassion, humility, and integrity allows us to access a form of wealth that enriches our lives in ways that money alone cannot. As we navigate our own journeys, let us remember that true wealth is not just about having, but about being, and about fostering a life imbued with a wealth of character, kindness, and purpose.