China's super-rich suffer because of the pressures brought about by their fortunes and are less happy than ordinary millionaires, according to a survey by a leading wealth magazine.
"The richer you are, the less happy you are," concluded the poll of more than 500 Chinese millionaires by the Hurun Report, which compiles an annual list of China's richest people.
The survey defined "millionaires" as those with personal wealth of 10 million yuan (RM4.8 million) or more, and the super-rich as those with 10 times as much, 69 of whom were included.
"Money also brings you problems," said Hurun Report founder Rupert Hoogewerf.
"These problems could be pressure to perform, pressure to satisfy your customers, pressure from all these different aspects that come about when you have a big business," he told AFP on Wednesday.
Nearly 30 percent of all those surveyed said they could not balance work and life, the survey showed. More than half were unhappy about spending so little time with their families.
On well-being, more than a quarter were unhappy with their health while more than a third believed they did not exercise enough.
Chinese millionaires only sleep an average of 6.6 hours a night during the working week, the report found, with some 27 percent sleeping for less than six hours.
Male and female millionaires were split on some issues.
Men considered setting up their own companies as the happiest moment of their lives, while women put falling in love as number one, the survey said.
Self-made female millionaires were more likely to be divorced with 35 percent of them divorced or unmarried -- twice the statistic for male millionaires.
The figures come after the daughter of China's richest man, beverage magnate Zong Qinghou, lamented in an interview that she was over 30 and had never had a boyfriend.
Chinese media said Zong Fuli, who helps her father run the Wahaha company, was still single because she could not tell whether potential suitors were chasing her for love or money.
In September, the Hurun Report estimated Zong Qinghou to be worth $12.6 billion (RM6.11 billion).
AFP
Wed Jan 16 2013
The battle to reduce road deaths
In Malaysia, over half a million road accidents have been recorded so far this year.
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel
The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
How quickly can Trump's Musk-led efficiency panel slash US regulations?
Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth
Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.