Investors say $5M makes you rich

Published Jul 24, 2013 at 05:00AM

Sometimes $1 million isn’t enough.

According to a quarterly UBS Investor Watch survey, nearly 70 percent of investors polled said a million bucks didn’t make them wealthy. To feel “wealthy,” most investors said they’d need at least $5 million, according to the report.

The poll also found that half of investors define wealth as being able to live without financial constraints.

— Staff and wire reports