WEALTHY KOREANS ARE TWICE AS HAPPY WITH LIFE AS NON-RICH: BANK REPORT

The richer people are, the more satisfied they are with their life and appearance, a Hana Financial Group report released Thursday showed. Rich people were more likely to appreciate family time and describe themselves as "goal-oriented."

Nearly 70 percent of the rich, defined as those whose financial assets surpass 1 billion won ($726,585), were satisfied with life, according to the report titled "Korea Wealth Report."

About 55 percent of those who hold assets worth between 100 million won and 1 billion won gave the same response.

Only 35 percent of the non-rich with assets worth less than 100 million won said they were satisfied with life.

More than three in five of the rich said they were content with their spending power and asset volume.

For the non-rich, less than one in four said they were content with their spending power. Less than one in seven said so about their asset volume.

Slightly over half of the rich said they were satisfied with their appearance, but the figure was still higher than about 30 percent given by the non-rich.

More than three out of four rich people said they were satisfied with family relationships.

About 54 percent of the non-rich gave the same response.

Rich people choose "rational," "generous" and "relaxed" as adjectives that describe their personalities.

The choices of the non-rich were "kind" and "sentimental."

More than half of people whose assets exceeded 10 billion won described themselves as "goal- and task-oriented," which is much higher than the average 21.4 percent for ordinary people.

Rich people reported they sleep 7.3 hours a day, which is 30 minutes shorter than the average. Over two in five rich people said they had meals with their families every day, whereas only 35 percent of the non-rich said so.

They have a light breakfast such as juice and Greek yogurt, read newspapers, exercise and set up daily plans in the morning. The bigger the assets, the higher the ratio of those reading newspapers.

The rich read an average of 10 books a year, and the non-rich read more than six.

2024-04-25T08:04:59Z dg43tfdfdgfd