XUV nonlinear spectroscopy has recently discovered that there is more than one collective dipole resonance state in the energy range of the giant dipole resonance (GDR) of atomic Xe. This resonancestate substructure, hidden in the linear regime, raises imminent questions regarding our understanding of the collective electronic behavior of Xe, which has been largely founded on linear spectroscopic studies. Here, we approach the collective response of Xe from a new perspective: we study directly the resonance eigenstates, and then analyze their spectroscopic manifestations. We find that linear spectroscopy captures only partial information on the resonance substructure as a result of quantum interferences. Moreover, we show that the resonance state dominating the GDR in linear spectroscopy has no adiabatic connection to the resonance state governing the corresponding cross section when multielectron interactions are neglected. Going beyond the dipole-allowed correlated electronic structure, we predict the existence of collective multipole resonances of Xe. Unlike any known collective feature in atoms, these resonances live exceptionally long (more than 100 attoseconds), thus providing a new playground for studying the collective nonlinear response of Xe using advanced light sources.