Advertising
Advertising

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.

    Advertising

    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.

    Oprah

      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.

      Advertising

      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.

      Advertising

      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.

      Trust

        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.

        Branson2

          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.

            Advertising

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

            More by this author

            Robert Locke

            Freelance writer

            10 Simple Morning Exercises That Will Make You Feel Great All Day 40 Powerful Productivity Quotes From Highly Successful People 10 Toxic Persons You Should Just Get Rid Of 10 Reasons Why People Are Unmotivated (And Ways to Be Motivated) Science Says Knitting Makes Humans Warmer And Happier, Mentally

            Trending in Communication

            110 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks 2When You Start to Enjoy Being Single, These 12 Things Will Happen 321 Best Tips On Making A Long Distance Relationship Work 4The Skill That Most People Don’t Have: Active Listening 518 Signs You’ve Found Your Soulmate

            Read Next

            Advertising
            Advertising

            Last Updated on August 16, 2018

            10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

            10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

            The ability to take risks by stepping outside your comfort zone is the primary way by which we grow. But we are often afraid to take that first step.

            In truth, comfort zones are not really about comfort, they are about fear. Break the chains of fear to get outside. Once you do, you will learn to enjoy the process of taking risks and growing in the process.

            Here are 10 ways to help you step out of your comfort zone and get closer to success:

            1. Become aware of what’s outside of your comfort zone

            What are the things that you believe are worth doing but are afraid of doing yourself because of the potential for disappointment or failure?

            Draw a circle and write those things down outside the circle. This process will not only allow you to clearly identify your discomforts, but your comforts. Write identified comforts inside the circle.

            2. Become clear about what you are aiming to overcome

            Take the list of discomforts and go deeper. Remember, the primary emotion you are trying to overcome is fear.

            Advertising

            How does this fear apply uniquely to each situation? Be very specific.

            Are you afraid of walking up to people and introducing yourself in social situations? Why? Is it because you are insecure about the sound of your voice? Are you insecure about your looks?

            Or, are you afraid of being ignored?

            3. Get comfortable with discomfort

            One way to get outside of your comfort zone is to literally expand it. Make it a goal to avoid running away from discomfort.

            Let’s stay with the theme of meeting people in social settings. If you start feeling a little panicked when talking to someone you’ve just met, try to stay with it a little longer than you normally would before retreating to comfort. If you stay long enough and practice often enough, it will start to become less uncomfortable.

            4. See failure as a teacher

            Many of us are so afraid of failure that we would rather do nothing than take a shot at our dreams.

            Advertising

            Begin to treat failure as a teacher. What did you learn from the experience? How can you take that lesson to your next adventure to increase your chance of success?

            Many highly successful people failed plenty of times before they succeeded. Here’re some examples:

            10 Famous Failures to Success Stories That Will Inspire You to Carry On

            5. Take baby steps

            Don’t try to jump outside your comfort zone, you will likely become overwhelmed and jump right back in.

            Take small steps toward the fear you are trying to overcome. If you want to do public speaking, start by taking every opportunity to speak to small groups of people. You can even practice with family and friends.

            Take a look at this article on how you can start taking baby steps:

            Advertising

            The Number One Secret to Life Success: Baby Steps

            6. Hang out with risk takers

            There is no substitute for this step. If you want to become better at something, you must start hanging out with the people who are doing what you want to do and start emulating them. (Here’re 8 Reasons Why Risk Takers Are More Likely To Be Successful).

            Almost inevitably, their influence will start have an effect on your behavior.

            7. Be honest with yourself when you are trying to make excuses

            Don’t say “Oh, I just don’t have the time for this right now.” Instead, be honest and say “I am afraid to do this.”

            Don’t make excuses, just be honest. You will be in a better place to confront what is truly bothering you and increase your chance of moving forward.

            8. Identify how stepping out will benefit you

            What will the ability to engage in public speaking do for your personal and professional growth? Keep these potential benefits in mind as motivations to push through fear.

            Advertising

            9. Don’t take yourself too seriously

            Learn to laugh at yourself when you make mistakes. Risk taking will inevitably involve failure and setbacks that will sometimes make you look foolish to others. Be happy to roll with the punches when others poke fun.

            If you aren’t convinced yet, check out these 6 Reasons Not to Take Life So Seriously.

            10. Focus on the fun

            Enjoy the process of stepping outside your safe boundaries. Enjoy the fun of discovering things about yourself that you may not have been aware of previously.

            Featured photo credit: Unsplash via unsplash.com

            Read Next