Bǎiwàn fùwēng de shēnghuó bìng bù zǒngshì kuàilè de.
The life of a millionaire is not always happy.
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翁 originally means 'old man.' So 富翁 literally is 'rich old man,' though it's used for wealthy people of any age. Related: 百万富翁 (millionaire), 亿万富翁 (billionaire).