US now has nearly 10 mln millionaires: Study
The number of Americans households with a net worth of one million dollars or more has hit a new record at 9.6 million, a new study has found.
According to Spectrem Group, the mega-wealthy, with 25 million dollars or more in net worth, have also grown.
The number is a surge of more than 600,000 from 2012, in 2007, nearly 9.2 million Americans were millionaires, according to the New York Daily News.
Total net worth does not include the value of a primary residence, according to Spectrem's annual Affluent Market Insights Report.
The study found that those with five million dollars or more in net worth reached a record high of 1.24 million from 1.14 million in 2012.
(Posted on 17-03-2014)