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Millionaire / Billionaire Club

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Sadly a million dollar is not what it used to be any more…thanks to the devil INFLATION! For the same cause, the number of millionaires rises. However, it’s still nice to have a million dollar networth. Hopefully one day I’ll be there!!! Currently, USA has 10.5 million of millionaire households. I wonder how many millionaires Canada has, considering the number of 649, Super 7, and recently LottoMax winners. Number of millionaires is projected to rise rapidly Despite the Great Recession, which wiped out $15.5 trillion in household wealth in the United States alone, the number of millionaires in this country and abroad will grow rapidly over the next decade. In the U.S., the total number of families with a net worth of over $1 million, including real estate, will double by 2020, according to a report by the Deloitte Center for Financial Services. Overall, the U.S. and Europe have the greatest concentrations of wealth than any other region, although emerging markets are narrowing the gap. China will lead the way in millionaire growth, the report said, followed by Brazil and Russia. By 2020, China and South Korea will rank in the top 10 of countries with the greatest total number [...]

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