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According to estimates, in the middle of 2021, there were 56 million people worldwide whose assets exceeded one million US dollars, of whom nearly 40% lived in the United States. [ 1 ] Regions by number and percentage of millionaires
Sixteen percent of millionaires inherited their fortunes. Forty-seven percent of millionaires are business owners. Twenty-three percent of the world's millionaires got that way through paid work, consisting mostly of skilled professionals or managers. [16] Millionaires are, on average, 61-years-old with $3.05 million in assets. [17]
According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth. The bottom 95% held 28.4% of world wealth.
States by number and share of households with more than $1 million in investable assets (2019) [2] Rank State Number of millionaire households Share of millionaire households 1 California: 1,147,251 8.51% 2 Texas: 650,216 6.32% 3 New York: 570,456 7.52% 4 Florida: 496,971 5.87% 5 Illinois: 346,873 7.13% 6 Pennsylvania: 328,859 6.44% 7 New Jersey
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about ...
Statistical subregions as defined by the United Nations Statistics Division [1]. This is the list of countries and other inhabited territories of the world by total population, based on estimates published by the United Nations in the 2024 revision of World Population Prospects.
Using the 4% rule for the $10.8 million portfolio, the Redditor could withdraw $432,000 each year. The Redditor's Treasuries and any dividend stocks will minimize how much they have to withdraw ...
The percentage of net worths ranging from $500,000 to one million doubled while the percentage of millionaires tripled. [20] From 1995 to 2004, there was tremendous growth among household wealth, as it nearly doubled from $21.9 trillion to $43.6 trillion, but the wealthiest quartile of the economic distribution made up 89% of this growth. [ 23 ]