At the start of last year, the Netherlands counted 106,200 millionaires, including 23,200 women, with an average wealth of €2.9 million. While they share substantial bank balances, a new 'Vermogend Nederland' survey by Van Lanschot reveals distinct differences in their work ethic and life priorities. Female millionaires place greater emphasis on personal well-being and family, often describing themselves as social and caring. In contrast, men lean toward terms like result-oriented, business-savvy, and innovative. Notably, 32% of male millionaires dedicate several hours weekly to financial planning, compared to just 14% of women.
Most male millionaires embrace the role of primary breadwinner, but 78% of female millionaires prioritize dual careers for themselves and their partners. Women also take a more proactive approach to preparing their families for wealth transfer.
Entrepreneurially, 70% of female millionaires are open to business risks, and 78% view success as crucial. However, they are far less inclined to sacrifice personal life for it—9% versus 31% of men. Women invest more time in volunteering and impact investing, focusing on social causes like the environment, sustainable energy, and education.
