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SHANGHAI: Chinas 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 Chinas richest people. The survey defined millionaires as those with personal wealth of 10 million yuan ($1.6 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.
http://www.thenews.com.pk/Todays-News-3-154702-Money-does-not-buy-happiness-in-China
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 Chinas richest people. The survey defined millionaires as those with personal wealth of 10 million yuan ($1.6 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.
http://www.thenews.com.pk/Todays-News-3-154702-Money-does-not-buy-happiness-in-China