Ah, money. If only it could buy happiness.
It does in Asia. A recent survey of 2,800 millionaires across the region, conducted by Scorpio Partnership , a global wealth-management consultancy, shows that high net worth individuals, especially those living in India and Indonesia, are the happiest, and most optimistic about growing their fortune.
The survey, which polled individuals with an average net worth of $1.4 million in nine Asian countries, focused on how satisfied these millionaires were with their lives and what their expectations were for future wealth creation.
Millionaires living in India, Indonesia, Malaysia and Thailand, while they enjoy the process of making money, are happiest about their work-life balance, finding time to spend with family and friends. They were also hopeful that the good times would last and they would continue to make money at a faster pace.
By contrast, the rich in the financial hubs of Hong Kong and Singapore were more cautious about future wealth growth.
“Malaysia, Indonesia and Thailand have shown positive exuberance in these tough markets when it comes to wealth creation, matched only by Indian millionaires. The linkage between happiness and confidence in wealth creation ambitions is significant,” said Catherine Tillotson, Managing Partner at Scorpio Partnership.Page 1 of 3 | Next Page