There is a BIG difference between being rich vs wealthy, but most people don't realise that. They think anyone who is crorepati is wealthy .At some point in time the meanings of word wealthy and rich is merged. People think having a high income or big bank balance is all you need to have . One of the biggest difference between rich vs wealthy is that wealthy people focus on investing , while the rich focuses on spending . 

Wealthy person has a huge net worth . Wealthy person have assests that generate passive income for them .They don't buy things randomly .Most people wouldn't be able to recognise these people as being wealthy because it is not based on flashy lifestyle .They might look like an average person.

Being rich simply means having a high income without corresponding assests . The reason that having a lot of money doesn't make you wealthy is that rich people also spend a lot of cash . Rich lifestyle consists of a high proportion of an income being spent, resulting in a small amount of investing activities.

This is why you shouldn't judge a book by its cover . You might see someone driving a brand new BMW but hat doesn't mean that person is wealthy .

Rich is quantified in money whereas wealth is measured in time , not dollars , specifically wealth measures how long you can maintain your lifestyle without working.

One person at one point has $30 million in the bank , a $1 million house with 200 staff members and a horse stable with 19 racehorses. But all those expenses took a toll and all that spending , resulted in that person declaring bankruptcy in 1996. He ended up in $13 million in debt.

A wealthy man create riches or income for others and his his systems keep supplying with abundance , while a rich mam makes himself rich and could be making poor . A wealthy mam with an idea creates a product or service that is needed by the society and with time , he allows others to get involved to promote that service or product . No one is hurt and everyone involved is blessed from that idea that serves their fellowmen. A rich man almost creates nothing.

The Europeans have chosen wealth as a way of life . They have spirit to create a culture of abundance and supply.  If Europeans could opt it, we must train ourselves to become wealthy. Wealthiness brings knowledge , discipline, determination and productivity.

Choose what you want to be