Kevin SimpsonCPA Web Books · Founder at CPA Web Books

The Hidden Cost of Success: Kate Spade's Story

18 Jul 2026 · 1 min

Watch on YouTube

0:50

In this YouTube discussion, the hosts examine the tragic circumstances surrounding Kate Spade’s death, revealing that she had endured years of depression and anxiety. They note that she reportedly declined professional treatment because she feared it would damage the upbeat, colorful image of her brand. The conversation conveys the hosts’ emotional shock and heartbreak upon learning of her passing, and they use her story as a case study of how even highly successful, wealthy entrepreneurs can be overwhelmed by the pressures of running a business. The dialogue underscores the broader message that outward success and wealth do not guarantee mental‑health stability, urging a reconsideration of how society defines and supports success.

Chapters

Kate Spade had been suffering with depression and anxiety for years, and her sister expressed that one of the reasons Kate declined going to a facility for help is because she didn't want to impact the brand's positive persona.
Heartbreaking. My heart breaks.
It takes my breath away. The idea of running this business, which is so outwardly up and fun and colorful and alive and happy, and the person behind it all is just struggling to make it. And we're sharing her story because it's an example of a successful entrepreneur who is succumbing to the pressure of running a business.
I, I was shocked. We were doing prep yesterday for this, and I did not know she passed away. I know the brand, the Kate Spade brand, in particular, so well.
It highlights that mental health cannot be determined by success and wealth.
And maybe success and wealth are not synonymous. Maybe we have to have our definition of success.