(PRWEB) August 14, 2014
While many of people lie awake worrying about how to keep on top of the mortgage and bills a global study has revealed the super rich lose sleep over their money causing lack of ambition in their children.
The finding comes in a report produced by London-based law firm Witherworldwide entitled: The meaning of wealth in the 21st Century - unlocking the secrets of successful families.
As part of its research, the firm analyzed the attitudes of 4500 people around the world with more than US$10 million in personal wealth and then conducted a further 16 in-depth interviews with multimillionaires and billionaires.
Asked what was their greatest fear regarding their wealth and the wealth of their family in the future, 37% cited their health and the health of family members. While 15% said their greatest fear was that their children would lack the drive and ambition to get ahead in life.
The issue was less of a concern to the moderately wealthy - those whose assets were under US$10 million - who were more worried about failing to support their immediate family. The report notes that while the desire of parents to see their children flourish was universal, this could turn into anxiety and even significant insecurity when wealth was brought into the equation.
The above data came from http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11294922.
A certified millionaire at the original millionaire matchmaker site from Arizona, US commented:
“Just because you do not have to do something to make money, you always have to find a passion and follow it to find happiness. People who trust and have faith and who are at peace with themselves and the world do not lose sleep.”
A baby boomer from New Mexico, U.S commented:
“I'd be glad to worry about their excess millions for awhile, if anyone wants to get below that $10 million threshold! ;)”
It is an interesting topic. People can check out more comments at http://www.millionairematch.com/blog/lisammm_/what_do_the_super_rich_lose_sleep_over__412127_1.html.