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  •  # of millionaires in America increased 16% in '09 (1+ / 0-)
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    jj32

    http://thinkprogress.org/...

    Number of millionaires in America increased 16 percent in 2009.

    A new study released by the research and consulting firm Spectrem Group finds that the number of millionaires in the United States increased by double digits the last year. According to Spectrem Group’s data, "families with a net worth of at least $1 million, excluding primary residences, rose to 7.8 million in 2009," an increase of 16 percent:

       

    The millionaires’ club in the U.S. grew by 16 percent in 2009, following a 27 percent decline in 2008.

       Families with a net worth of at least $1 million, excluding primary residences, rose to 7.8 million in 2009, an increase from 6.7 million a year earlier, according to a survey of high- net-worth U.S. households conducted by Spectrem Group.

       "With the markets trending upwards, we expected an increase," George H. Walper Jr., president of Spectrem Group, said in a telephone interview. The Standard & Poor’s 500 Index increased 24 percent in 2009 and has risen 68 percent over the past 12 months

    Afghanistan:Graveyard to empires-It's not just a bumpersticker

    by JML9999 on Tue Mar 09, 2010 at 12:15:00 PM PST

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