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What Millionaires Want, Other Than Money

What Millionaires Want, Other Than Money

Some millionaires are missing out on some of life’s great treats. Money, it seems, cannot buy them contentment, health or real friendships. There are, of course, lots of happy millionaires but a fair number of them are not really happy or connected.

The ideal income is only $75,000 a year, according to a Princeton University study. Anything beyond that is no guarantee of emotional well-being!

According to the Hurun report on China’s Rich List, the top five have as much wealth as Microsoft. But this has not automatically brought them happiness. For example, 35% of female Chinese millionaires are either divorced or unmarried. This is twice the number of their male counterparts.

Wondering what millionaires want? Here are some of their wishes:

1. They want genuine human contact

MarkZ2

    Karl Rabeder used to be a millionaire but gave away all his money because it was making him unhappy. He sold everything, gave the money to charity and now lives in a modest mountain chalet in Austria. He has also kept a mini apartment in Innsbruck.

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    He decided to do this because he felt that the high lifestyle was false and it was impossible to connect with real people. He also felt guilty when he witnessed poverty. He could not help thinking that he was somehow complicit in the world’s inequality. Now, he is much happier.

     2. They want their lives to have meaning and purpose

     I’ve got all the money I could ever dream of, but have nothing in my life that really excites me.

    – Anonymous Australian millionaire

    This millionaire wanted psychotherapy because his life lacked meaning and purpose. He was no longer able to become passionate about his relationships, hobbies or community involvement. After a few months of therapy, he felt happier. He had learned how to regain contact with nature, value his family time and become involved in community work. He felt less disconnected than before and that his life had some pleasure and purpose again.

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      3. They cannot enjoy any privacy

      Juan Rodriguez regrets winning the lottery because he now cannot go out without meeting people who either owe him money or want to owe him money! He cannot enjoy any privacy when he goes out and his life is very boring because he only has dogs for company and he no longer trusts even his own family.

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      Financial consultants say that with sudden wealth, the winners are very likely to ruin their lives in trying to cope with it. There seems to be high burnout rate among lottery winners.

      4. They wish they had looked after loved ones better

      Money will not change how healthy you are or how many people love you.

      – Warren Buffett

      Many self-made millionaires wonder what went wrong. They seem to have dropped the ball while they were so busy making all that money. They forgot to live life to the full and cherish their loved ones. When they ended up as super rich celebs, they suddenly found their lives were rather empty.

      As Warren Buffett says, the most important assets we own are our families, friends and partners.

      5. They wish they could trust people more

      Millionaires have plenty to worry about. They are always worried about who they can trust. They are concerned that friends may turn into sharks because of their wealth. They worry that their children may squander their fortune.

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      Alan Nunn won the Texas lottery and is generally fairly happy with his active and meaningful life. But one thing really worries him all the time: he doesn’t know whom to trust. He loves his sister but feels he cannot trust her.

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        6. They worry about their safety

        Many millionaires have to lay out considerable sums to protect themselves, all their properties and their loved ones. They live in fear and worry about robbery, violence and burglary, not to mention kidnappings.

        A Sicilian woman was very happy when she won £79m in the Italian lottery. But consumer groups made such a fuss that her identity was revealed. She had to go into hiding because she feared that the Mafia would come calling.

        7. They want to work

        It becomes an illness because you don’t have to support yourself, you don’t have to decide on a career, and you don’t have to worry about whether you can afford to do something, and it can become incredibly disempowering. It’s very bad for your self-esteem. You don’t feel as if you’re succeeding. You feel like a fraud, in fact.

        – Sara Robin, ex millionaire.

        Sara Robin inherited a huge fortune. She had a car at university and found that she gave lifts to everybody as a sort of penance. But the quote above reveals her unease with not having to really work for a living. She was missing out on so many things. She solved the problem by reinventing herself and set up a bike co-op. She also decided that her fortune was an encumbrance and she gave it all away to charity.

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          8. They wish they could savor the present moment

          Johnson2

            Did you know that 15.5% of the people in Singapore are millionaires? In the USA, that figure is only 4.5% while Switzerland is 9.9%. The interesting thing is that the Singaporeans are among the unhappiest people of the world and they come further down the list than people in Iraq, North Korea and Afghanistan.

            The problem many millionaires face is that they cannot step back from their rush to invest and save their money or give it to charity. They are thinking that this is the path to happiness and that there will be a long journey ahead. They become so absorbed in this that they can never savor the pleasures of life now.

            Let us know in the comments whether wealth could really change your life for the better and how you would cope with all the problems money might bring.

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            Featured photo credit: Mark Zuckerberg Keynote – SXSW 2008 /kris krug via flickr.com

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            Robert Locke

            Freelance writer

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            Last Updated on October 18, 2018

            50+ Best Motivational Quotes To Prepare You For Any Challenges In Life

            50+ Best Motivational Quotes To Prepare You For Any Challenges In Life

            Life is filled with highs and lows —happiness and struggles that will test your resilience and integrity, push you to overcome challenges and leave you with lessons that will make you even stronger on your way up.

            It’s the way you feel and think about yourself, including your expectations and beliefs about what is possible to you, greatly determines everything that happens to you.

            It all starts with your thoughts. When you change your thoughts, you transform the quality of your life. (Right, Nancy’s story is a typical example!)

            Below is a list of the best motivational quotes to inspire you to start your day with a blast:

            Quotes for self-assurance

            1. Don’t downgrade your dream just to fit your reality, upgrade your conviction to match your destiny.

              2. You are braver than you believe, stronger than you seem and smarter than you think.

                3. You are confined only by the walls you build yourself.

                  4. The man who has confidence in himself gains the confidence of others

                    5. You attract what you are, not what you want. If you want great, then be great.

                      6. It’s not who you are that holds you behind, it’s who you think your are not.

                        Quotes about positivity

                        7. Stop being afraid of what could go wrong and think of what could go right.

                          8. You should never regret anything in life. If it’s good, it’s wonderful. If it’s bad, it is experience.

                            9. Falling down is an accident, staying down is a choice.

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                              10. If you have the power to make someone happy, do it. The world needs more of that.

                                11. Always believe that something wonderful is about to happen.

                                  12. Don’t be afraid to give up the good and go for great.

                                    13. Remember that life’s greatest lessons are usually learned from worst times and from the worst mistakes.

                                      Quotes for work and success

                                      14. Don’t talk, just act. Don’t say, just show. Don’t promise, just prove.

                                        15. Never stop doing great just because someone doesn’t give you credit.

                                          16. Discipline is doing what needs to be done, even if you don’t want to.

                                            17. Work while they sleep. Learn while they party. Save while they spend. Live like they dream.

                                              18. The key to success is to focus our conscious mind on things we desire, not things we fear.

                                                19. Never apologize for having high standards, people who really want to be in your life will rise to meet them.

                                                  20. If it doesn’t challenge you, it won’t change you.

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                                                    21. Never give up on a dream just because of the time it will take to accomplish it, time will pass anyway.

                                                      22. Don’t fear failure. Fear being in the exact same place next year as you are today.

                                                        23. A hill is just another opportunity to leave your competition behind.

                                                          24. Don’t quit. You’re already in pain. You’re already hurt. Get a reward from it.

                                                            25. Hustle until you no longer need to introduce yourself.

                                                              26. You didn’t come this far only to come this far.

                                                                27. Be selective in your battles for sometimes peace is better than being right.

                                                                  28 If we keep doing what we are doing, we’re going to keep getting what we’re getting.

                                                                    29. You will never know your limits until you push yourself to them.

                                                                      30. Do what you have to do until you can do what you want to do.

                                                                        31. The man on top of the mountain didn’t fall there.

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                                                                          32. If your dreams don’t scare you, they are not big enough.

                                                                            33. If you can’t handle stress, you won’t manage success.

                                                                              34. Don’t be pushed by your problems, be led by your dreams.

                                                                                35. Don’t mistake silence for weakness. Smart people don’t plan big moves out loud.

                                                                                  36. Simplicity is the ultimate sophistication.

                                                                                    37. Obsessed is the word the lazy use to describe dedicated.

                                                                                      38. You become who you spend your time with.

                                                                                        39. Be stubborn about your goals and flexible about your methods.

                                                                                          40. Hard work beats talent when talent doesn’t work hard.

                                                                                            41. If you don’t build your dreams, someone else will hire you to build theirs.

                                                                                              42. Between stimulus and response is our greatest power –the freedom to choose.

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                                                                                                43. What comes easy won’t last, what lasts won’t come easy.

                                                                                                  44. Don’t limit your challenges, challenge your limits.

                                                                                                    45. Work until your idols become your rivals.

                                                                                                      Quotes about money

                                                                                                      46. Formal education will make you a living. Self-education will make you a fortune.

                                                                                                        47. I create new enemies every day, it’s called business.

                                                                                                          48. When you have a Million Dollar vision, don’t surround yourself with 1 cent minds.

                                                                                                            49. You can’t get rich thinking poor.

                                                                                                              50. Doing what is comfortable is rarely profitable.

                                                                                                                51. If you can count your money, work harder.

                                                                                                                  If you find yourself feeling lost and frustrated, it’s never too late to change things up. Check out this guide:

                                                                                                                  How to Start Over and Reboot Your Life When It Seems Too Late

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