Mobile millionaires place family and quality of life above business interests: RBC Wealth Management
- They are generally self-made, having earned their wealth as professionals
- Younger millionaires (aged 40 and under) generated wealth through more diverse means, with only 17 per cent earning wealth as professionals, compared to 26 per cent of those aged 41-to-50 group and 41 per cent of those older than 50.
- Those born in Asia-Pacific generated wealth at a younger age, with almost half (46 per cent) aged 40 and under, compared to 19 per cent of those from other regions.
- Residents of Singapore and UK are the most likely to have three or more personal residences, with 29 per cent and 28 per cent calling at least three places home respectively, compared with 18 per cent of those in Canada and nine per cent of those in the U.S.
Published December 11, 2012
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