Point number 1: I believe the rich become wretched as soon as they believe they have no need for anything. In that moment they negate their need for God and their neighbour. They become self absorbed and rob themselves of the wonder of God, community, the joy of giving and bearing good fruit. They becomes slaves to ensuring they will never be in need and in that wretched state they will never cease to labour in vain, never satisfied, never fulfilled and never truly at peace.