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Wealthy take 36 days to decide on major donations, research

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

That's according to a study by wealth research company Scorpio Partnership, Standard Chartered Private Bank and US-based asset management firm SEI.

The study, which is based on a survey of 3,300 individuals worldwide, also found that the high net worth individuals' confidence in their ability to increase their wealth in the near future has fallen in the last year.

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