Nearly 70% of the Richest Americans Don't Feel Wealthy

A report shows that 68% of America’s most affluent people do not consider themselves wealthy.

Several burlap bags with dollar signs on them sit together.
(Image credit: Getty)

There are more millionaires in North America than ever before. But making it into the millionaires’ club is not what it once was, making many people feel their net worth is average

A wide-ranging Chubb survey of 800 wealthy individuals discovered that despite achieving considerable financial success, two-thirds do not consider themselves rich, including many with investable assets of more than $10 million. 

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Kathryn Pomroy

For the past 18+ years, Kathryn has highlighted the humanity in personal finance by shaping stories that identify the opportunities and obstacles in managing a person's finances. All the same, she’ll jump on other equally important topics if needed. Kathryn graduated with a degree in Journalism and lives in Duluth, Minnesota. She joined Kiplinger in 2023 as a contributor.