Most super rich couples have breadwinning husbands and stay-at-home wives, contrasting sharply with everyone else

We examined how couples divide work, focusing on three different wealthy groups – the super rich, the just plain rich and the upper middle class, as defined by their wealth percentile, and compared them with those of less affluent couples.

Metadata

Provider:

The Conversation

URL:

https://theconversation.com/most-super-rich-couples-have-breadwinning-husbands-and-stay-at-home-wives-contrasting-sharply-with-everyone-else-205353

Retrieved on:

Thursday, June 1, 2023

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Tags:

Exercise, Workforce, Man, Travel, Prevalence, Politics, Workplace, Survey of Consumer Finances, Hope, Woman, Research, Federal, Time, Income, Glass, Nightclub, Drug, Weaving, Nursing

Summary

Key Points:

We examined how couples divide work, focusing on three different wealthy groups – the super rich, the just plain rich and the upper middle class, as defined by their wealth percentile, and compared them with those of less affluent couples.
We found that, in 2019, 53% of super rich heterosexual couples had arrangements in which the woman was not gainfully employed, compared with 27% of rich couples, 20% of upper-middle-class couples and 26% of less affluent couples.
On the flip side, just 28% of super rich couples had both the man and woman working full time.
What we still don’t know
We don’t know what exactly drives super rich couples’ work-family decisions.