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Tyndale Open Bible Dictionary

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WEALTH

Abundance, usually of money or material goods, whose value is ordinarily expressed in terms of some understood unit, such as a national currency. It is virtually synonymous with riches, and both may refer to family, friends, or even moral qualities.

In the OT riches are a mark of favor with God (Ps 112:3), and he gives power to acquire wealth (Dt 8:18). Both the piety and the wealth of Job are well known (Jb 1:1-3). Solomon was perhaps the richest man who ever lived; God granted him “riches, possessions, and honor” because Solomon had asked for wisdom and discernment rather than material things (1 Kgs 3:10-13; 2 Chr 1:11-12). But the Bible makes it clear that a person’s life does not consist in the abundance of his possessions (Lk 12:15).

In the NT wealthy men are often seen as godless—for example, the rich farmer (Lk 12:16-21) and the rich man who neglected the beggar Lazarus (16:19-31). The wealthy are condemned for oppression and greed (Jas 5:1-6). Luke 6:24 pronounces woe against the rich, and all three synoptic Gospels speak of the dangers of riches (Mt 13:22; Mk 4:19; Lk 8:14). But not all rich men were bad. Jesus was buried in the tomb of a rich man from Arimathea, named Joseph (Mt 27:57). Nicodemus, who provided lavishly for the burial of Jesus (Jn 19:39), was “a ruler of the Jews” (3:1) and probably a man of wealth.

See also Mammon; Money; Poor, The; Riches; Wages.