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Posts Tagged ‘Millionaires’

Another Green Shoot: Millionaire Households Rising

Posted by Ram Kumar Shrestha on March 22, 2012

Millionaire households in the U.S. are rising again, largely because the mass affluent stayed the course with their stocks during the downturn and are reaping the benefits of the market’s recovery. But frugality also played a big role.
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Plenty of questions linger about the economic recovery. But along with a mildly improving housing market and jobs picture, add this to the list of economic green shoots signaling better times: the U.S. is minting millionaires again.

The number of millionaire households rose for the third consecutive year in 2011, according to a report from Spectrem Group. The U.S. now has 8.6 million households with a net worth of at least $1 million above and beyond any equity in a primary residence. That’s up from 6.7 million in 2008 but still shy of the 9.2 million millionaire households in 2007.

(MORE: Buying is Now Cheaper Than Renting 98% of the Time)

The wealth of the affluent is coming back at every threshold. According to Spectrem: Read the rest of this entry »

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Wealthy Britons Prepare To Flee

Posted by Ram Kumar Shrestha on July 17, 2011

Whats going on with UK? In every sector problem.
Read the Article at HuffingtonPost

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10 Countries With The Most Billionaires

Posted by Ram Kumar Shrestha on April 12, 2011

China is leading in every sector these days. What could be the secret behind this?
Read the Article at HuffingtonPost

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