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The world‘s wealthiest people didn‘t become successful overnight. Instead, they developed habits that helped them to become successful. Habits include setting goals, staying organized, being disciplined, investing wisely, and taking calculated risks. These habits not only helped them become wealthy, but they can also help others who are looking to make their own success.
By understanding and developing the habits of the world‘s wealthiest people, individuals can become more likely to achieve their own personal and financial goals.
The world’s richest people come from a variety of backgrounds.
There are, however certain traits that are common amongst them.
Habits of the Rich
Wealthy – defined as earning at least $160,000 annually and holding at least $3.2 million in assets
They Have a Routine:
Maintain a to-do list
Wake up 3 hours before work
Listen to audio books during commute
Network 5 hours or more each month
Read 30 minutes or more each day for education or career reasons
Love to read
They are Healthy:
Exercise aerobically 4 days a week
Eat less than 300 junk food calories per day
Raising Their Children:
Teach good daily success habits to their children
Make their children volunteer 10 hours or more a month
Make their children read 2 or more non-fiction books a month
Television Habits:
Watch 1 hour or less of TV everyday
They Set Goals:
Write down their goals
Focused on accomplishing some single goal
Believe in lifelong educational self-improvement
Believe good habits create opportunity luck
Believe bad habits create detrimental luck
*Based on Thomas C. Corley’s study of the daily habits of 233 wealthy and 128 poor people.
Demographics:
Gender Divide
Women as percent of multimillionaire population
Highest – 23.8% Portugal
Average – 10% Worldwide
Lowest – 3.7% Japan
Cities which contain the most millionaires:
Tokyo: 61,000
New York City: 89,000
London: 81,000
Paris: 19,000
Frankfurt: 17,000
Beijing: 13,000
Osaka: 90,000
Hong Kong: 87,000
Shanghai: 66,000
Rags to Riches
68% of the 400 Americans on the Forbes 2013 “billionaires list” are considered “self-made” billionaires. Meaning they built, rather than inherited their fortune
Remember:
Following these traits won’t necessarily make you rich…
..but they are worth a shot
Sources:
forbes.com/billionaires/
news.bbc.co.uk/2/hi/business/7280569.stm
richhabits.net/dave-ramsey-rich-habits-tom-corley/
finance.yahoo.com/news/daily-habits-of-wealthy-people-143505884.html
theguardian.com/news/datablog/2013/may/08/cities-top-millionaires-billionaires
forbes.com/sites/cherylsnappconner/2013/11/18/mentally-strong-people-the-13-things-they-avoid/
forbes.com/sites/luisakroll/2013/09/16/inside-the-2013-forbes-400-facts-and-figures-on-americas-richest/