Exercise habits of the filthy rich
Hey, whaddaya know? According to a new survey by Millionaire Corner, the people who make the most money are the ones who work out the most frequently.
Sounds about right. After all, who wants to get sick and lose out on all the fun they could be having with all that dough?
All of us 9-5ers are suckers for having gym memberships. According to the survey, walking is the preferred type of exercise among the wealthy, with 80% saying they enjoy it the most.
Really? With all the state-of-the-art equipment and quality trainers within their reach, they choose walking. Go figure.
Other popular forms of exercise noted in the survey was weight-lifting and swimming among men and women, with playing sports the third choice for men and yoga the third choice for women. The least enjoyed forms of exercise were karate (1%), Jazzercise (3%), and Pilates and Zumba (4%).
Men are most likely to exercise outdoors, while women opt for in-the-home workouts. Only about a quarter of investors exercise in a gym, and younger investors (ages 50 and younger) are most likely to have a membership.
Younger investors show the greatest range in exercise preferences, favoring yoga, running and workout DVDs along with walking and elliptical.
Seems like the rich are not very creative with their workouts, but what they lack in creativity they make up for in bank roll — and time spent on their mundane exercise regimen.
The survey shows that investors with the highest net worth are the most frequent exercisers, and those who have a net worth of $5 million or more (55%) say they exercise four to six days per week.
Only 24% of investors with less than $100,000 net worth said they exercise four to six days a week. Those with $5 million or more were also the most likely to exercise seven days per week.