What is the difference? Doesn't both of them mean having plenty of money in the account? The differences are huge when it comes to life's happiness, the freedom to do what you want and removing financial burdens. Being rich means you can run out of your savings sooner or later and may need to get back to employment later on in life once it does. It is generally associated with financial riches. Wealth is accumulative and keeps growing, meaning you do not need to physically be there for your efforts to reap rewards later. Learn what you need to do to build wealth for your life, whatever type of wealth that is. The pattern for success is the same, no matter the goal.