{"id":25761,"date":"2016-09-11T19:00:00","date_gmt":"2016-09-11T12:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/millionaires-new-challenge-theyre-not-rich-enough-for-private-banking\/"},"modified":"2016-09-11T19:02:31","modified_gmt":"2016-09-11T12:02:31","slug":"millionaires-new-challenge-theyre-not-rich-enough-for-private-banking","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millionaires-new-challenge-theyre-not-rich-enough-for-private-banking\/","title":{"rendered":"Millionaires' new challenge: they're not rich enough for private banking"},"content":{"rendered":"


\nJP Morgan Chase is increasing the minimum asset level for such services as big banks focus on their richest clients \u2013 and the rest of us are underservedSo you\u2019ve just sold those Facebook shares that your high school buddy, Mark Zuckerberg, let you buy years before it went public, and you\u2019ve made an after-tax profit of $4m. You\u2019re feeling very, very rich.Until, that is, you talk to a private bank that specializes in managing money for rich people. That\u2019s when you realize that you\u2019re nothing more than a \u201csingle-digit millionaire\u201d. You\u2019re just not that special. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Millionaires’ new challenge: they’re not rich enough for private banking<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

JP Morgan Chase is increasing the minimum asset level for such services as big banks...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-25761","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6Hv","jetpack-related-posts":[{"id":159654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-millionaires-plot-exit-as-labour-tax-plans-rattle-the-rich\/","url_meta":{"origin":25761,"position":0},"title":"Britain\u2019s millionaires plot exit as Labour tax plans rattle the rich","date":"August 21, 2025","format":false,"excerpt":"\r 16,500 millionaires are expected to leave the UK this year \u2013 the first time in a decade a European country tops global outflows\r \r Source : arabianbusiness.com\r Read more...Britain\u2019s millionaires plot exit as Labour tax plans rattle the rich","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/Houses-of-parliament-in-London-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":77662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/video-self-made-millionaires-use-these-tricks-to-get-rich\/","url_meta":{"origin":25761,"position":1},"title":"Video: Self-made millionaires use these tricks to get rich","date":"January 22, 2018","format":false,"excerpt":"\r If you never thought that you could become a millionaire by working for someone else, think again.\r \r Source : arabianbusiness.com\r Read more...Video: Self-made millionaires use these tricks to get rich","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159259,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-faces-of-wealth-gen-z-millionaires-and-billionaires-reshape-global-rich-list\/","url_meta":{"origin":25761,"position":2},"title":"The new faces of wealth: Gen Z millionaires and billionaires reshape global rich list","date":"August 14, 2025","format":false,"excerpt":"\r Globally, teenagers and young adults are increasingly accumulating seven, eight, and even nine-figure fortunes through a combination of inheritance, entrepreneurship, and digital innovation\r \r Source : arabianbusiness.com\r Read more...The new faces of wealth: Gen Z millionaires and billionaires reshape global rich list","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/young-wealthy-individuals-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":19274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-millennial-millionaires-are-getting-wrong-about-personal-finance\/","url_meta":{"origin":25761,"position":3},"title":"What millennial millionaires are getting wrong about personal finance","date":"July 10, 2016","format":false,"excerpt":"\r Young, rich people are reportedly keeping a third of their wealth in cash \u2013 but it\u2019s not a strategy peers with decades of potential compound interest should mimicIt seems that young millionaires these days are being ultra-conservative with their investment portfolios. Or at least that\u2019s what the results of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monacos-hong-kong-style-plan-to-reclaim-the-mediterranean-to-house-the-worlds-super-rich\/","url_meta":{"origin":25761,"position":4},"title":"Monaco\u2019s Hong-Kong-style plan to reclaim the Mediterranean to house the world\u2019s super-rich","date":"November 20, 2017","format":false,"excerpt":"\r Construction has begun on a US$2billion scheme to reclaim land from the sea around Monaco so that more luxury apartments can be built for the thousands of extra millionaires expected to move to the principality in the next 10 years. Nearly 35 in every 100 Monaco residents are millionaires\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monaco-builds-into-the-med-to-house-new-throng-of-super-rich\/","url_meta":{"origin":25761,"position":5},"title":"Monaco builds into the Med to house new throng of super-rich","date":"November 19, 2017","format":false,"excerpt":"\r The tax haven has a luxury housing crisis \u2013 it doesn\u2019t have enough land for the 2,700 multimillionaires forecast to settle there over the next decadeConstruction has begun on a $2bn (\u00a31.5bn) scheme to reclaim land from the sea around Monaco so that more luxury apartments can be built\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25761"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=25761"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25761\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=25761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=25761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=25761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}