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John Paul Getty
(Photo by Hulton Archive/Getty Images)
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A Million Ain’t What It Used To Be

That appears to be what the late J.P. Getty, once the richest man in the world, seemed to be thinking and he's not alone.

According to a survey by Fidelity Investments. Of 1,000 millionaires surveyed last fall, 42% said they don’t feel wealthy – and wouldn’t feel that way until they had $7.5 million in investable assets. The 58% of millionaires who did feel wealthy were also asked how much money they had when they BEGAN to feel “wealthy.” Their answer: $1.75 million. So millionaires who don’t feel wealthy say they would need $7.5 million to feel wealthy, while those who do feel wealthy need only $1.75 million.
via DG Country Prep.

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