At what point in the wealth race do European wealth-creators start feeling like they have officially made it?

What wealth level is actually considered ‘wealthy’ for this group of individuals? Our upcoming paper ‘Essential Wealth: The interplay between self and society’ asked 600 European HNWIs from six different countries what it means to be wealthy. The majority (60%) agreed that it means not having to worry about money every day as well as being able to achieve financial security for their family.

What has become clear to us is that wealth has the contradictory ability to heighten an individual’s sense of freedom, whilst simultaneously increasing their sense of responsibility.

Watch this space for our upcoming report release!