Have you got it all - a house on The Peak, a yacht, a corporate jet, a bevy of maids to take care of your pedigree dogs, a pond full of koi and every exclusive club membership worth having? If trends in North America and Europe are any guide, you are missing the biggest status symbol of all: a clutch of children.
For the past decade, the wealthy of the western world have been having children at a rate up to several times above national averages. Whereas in the past, they traditionally had the smallest families, now it is usual for the super-rich to have a veritable brood.
Statistics in the US show, for example, that the country club set is now almost 30 per cent more likely to have three or more children than in 1997. The households of those comprising the Forbes 400 richest Americans have an average of 2.88 children, 1.08 more than the upper-middle class in the US.
The reasons for the shift are not clear. Some experts suggest it is because a generation of overachieving career women have decided to call it quits and, instead of putting their energies into making money, are now working on producing babies.
How true this may be is a matter for greater statistical analysis; whatever the reason, though, there is already a term for the phenomenon: competitive birthing.
As anyone stumbling to raise one or two offspring on a normal salary knows, children cost a small fortune. With half a dozen or more, given the most exclusive of everything, the amount needed would be nothing short of phenomenal.
There is, however, a far more practical side to the baby boom that Hong Kong would do well to capitalise on. We have a rapidly ageing population and one of the world's lowest per capita birth rates - factors that could well harm our competitiveness in coming decades; yet, globally, we also have the 10th fastest-growing population of US-dollar millionaires. A report by Merrill Lynch and Capgemini, released in June, showed that Hong Kong had 86,618 millionaires last year, 12.2 per cent more than in 2005. The surging stock market was cited as the reason for the increase - and, with the continued dramatic rise this year, that figure has no doubt gone up spectacularly.