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61 percent of wealthy women are having affairs from a forbes report. Is your wife rich huh, beware ...
Wealth has many perks: great vacations, beautiful houses and nice cars. But if its marital bliss you're looking for, don't expect money to help. Almost half of America's rich say they're unhappy in marriage, a study found. What's worse: More than that say they've been unfaithful in the last three years.
Of those confessing to an affair, more were women (61%) than men (43%). The reason cited most frequently by both sexes: variety. That's according to Prince and Associates, a Connecticut firm that tracks the habits of the rich. They asked 433 breadwinners (56% male and 44% female) with a net worth over $1 million about their relationships. Thirty-eight percent of the participants had a net worth of $10 million or more.
So it’s probably not a surprise that 30% of Prince’s survey group said they were considering a divorce.
Most men responding to the Prince & Associates survey (75%) said cost is their main obstacle to getting a divorce, and 61.5% said they feared it would hurt business dealings and opportunities. Just 7.7% of men cited harm to the kids.
Raoul Felder, the celebrity divorce attorney, says this makes a lot of sense, particularly if you have a lot of money and a lot to lose. For starters, there’s this whole thing about equitable division of the assets. And in many marriages, the assets were accumulated after the “I Dos” were said, making them fair game to be divvied up.
"Divorce itself is a businessman's biggest deal," Felder says. "He's going to lose half he has."
But financially independent women were no less practical in their answers. The biggest obstacle cited was interference with business dealings (51%), followed by cost (42.8%). Just 14% said they feared divorce because it would hurt the kids.
Men and those with assets of more than $10 million were more inclined to say marriage had hindered their financial success. Fifty-three percent of men said so, as opposed to 41% of women, and 75% of those with more than $10 million agreed, as opposed to 30.6% of those with less than $10 million of assets.
Still, it seems like many people plan for eventual separation. About 56% of women in the survey said they had hidden or protected assets, while 36% of the men said they had done so. Those with more than $10 million were three times as likely to have hidden or protected assets.
What's telling is the low number of survey respondents, even among the very rich, who said they had prenuptial agreements in place, just 5.8% for the survey as a whole and 11% for those with more than $10 million of assets.
Post-nuptial agreements were only slightly more common, 8.3% for the survey as a whole and most of those were in the $10 million-plus camp. Oh, and more of those respondents said they were unhappy in marriage. What a shock.
