A recent survey has revealed a surprising trend among millionaires: only 8% of them consider themselves truly wealthy.

This revelation challenges the common perception that accumulating a million dollars or more automatically makes one feel rich. The survey, conducted by a leading financial research firm, sheds light on the complex relationship between wealth and perception.

The survey, which involved over a thousand millionaires from various backgrounds, asked participants to define their perception of being rich. Astonishingly, a staggering 92% of the millionaires surveyed did not identify themselves as rich.

This finding raises intriguing questions about the factors that influence one’s perception of wealth.

Cost of living

One possible explanation for this phenomenon is the ever-increasing cost of living in today’s world.

With rising expenses in housing, education, and healthcare, many millionaires may feel that their wealth is insufficient to provide a comfortable and worry-free lifestyle.

Additionally, societal pressures and the constant pursuit of financial growth may contribute to this mindset, leaving individuals feeling perpetually unsatisfied with their financial status.

In conclusion, the survey results highlight the complex nature of wealth perception.

Despite having achieved significant financial success, the majority of millionaires do not see themselves as rich.