The study investigated the relationship between satisfaction with life and dimensions of social capital. Contrary to attention given to satisfaction with life as a dependent variable in the majority of previous studies relating to social capital, the present study examines the effects of satisfaction with life on social capital. 569 academics from Malaysian public universities were selected as respondents of the study. Findings indicated a significant positive relationship of satisfaction with life with all the three dimensions of social capital, namely social networks, participatory capital and trust. It was found that individuals who were more satisfied with their lives were more likely to have greater social networks, participate more in social engagements and were more trusting of others than those who were less satisfied with their lives