Why is it so Difficult for a Millionaire to Find Love?
Five hundred thousand new millionaires have been created in the United States since 2014, according to a recent CNBC survey. (http://www.cnbc.com/2015/03/09/moremillionairesthaneverarelivingintheus.html) This is largely due to rising real estate values and an energetic stock market. The new figure of 10.1 million households with one million dollars in investable assets tops the pre-recession peak of 2007, which closed with 9.2 millionaires. With so many new millionaires, it seems the dating market would be wide open, yet the only success stories seem to exist only on reality television.
Destroying the Myths About Millionaires
One of the most popular misconceptions about millionaires is that they were born into wealth, or that wealth fell into their hands through a trust fund or inheritance. Building an enterprise worth a million dollars rarely happens because the seed money was dumped into the fortunate person’s lap. Over half of all millionaires never received money from a trust fund or estate and fewer than ten percent inherited their wealth.
What we fantasize about millionaire life and the reality, are two separate things. Another popular misconception is that millionaires rarely marry, or if they do, are not truly committed. Most millionaires are married and stay married. Their success was due to frugal house-keeping and sound investment. They see divorce as the gateway to poverty and choose their partners with care, usually well before they’ve reached the millionaire status.
Today’s Typical Millionaire
There are, of course, still plenty of single millionaires who are looking for the right partner for the life time commitment on millionaire dating sites or offline. What makes them so elusive?
An attractive face always opens doors, but millionaires seem particularly immune to highly attractive people. They seem to be searching for something more; and they are! Today’s typical millionaire is college educated, and usually adept in marketing and finance. These millionaires are often entrepreneurs who took their business and diplomacy skills to an international level, learning new cultures, customs and languages. They look for partners who are personable, compatible with their interests and adept at adapting to changing life styles.
Eighty percent of millionaires are self-made, even among those who did receive a little startup money. Most startup funds were minimal; rarely exceeding thirty thousand dollars. Typically, millionaires acquired their nest eggs by working 45-65 hours a week and always spending a little less than they earned. Their training taught them to become very acute at reading body language and determining the messages behind the words. They look for sincerity in a partner and an ability to work within a budget.
Your Own Bootstrap
If millionaires in the singles arena are taking a hard, critical look at their potential partners, this doesn’t necessarily mean you have to be a successful business person before you can attract a millionaire on millionaire dating sites or offline. Education helps enormously, but so does a strong, practical mind. Millionaires are attracted to people who are innovative, imaginative and can put their skills to general use. They enjoy the input of enterprising individuals and thrive on a creative atmosphere. A millionaire is as likely to choose for a partner a pleasant high school graduate with a zest for life as a colleague with similar training and experiences.
Becoming the type of person a millionaire would seek out won’t necessarily land you a millionaire, but while you’re rubbing shoulders, you have the opportunity to develop your own skills in building a successful enterprise, and may one day become a millionaire through your own efforts.