That’s right, there are more and more millionaires. This year 600,000 people joined the once exclusive club. And their average wealth also increased.
The only thing that makes poor me feel better is that $1 million today is not as much as it was in 1995: $1 million in 1995 would be worth $1.3 today. Poor me would be happy with that $.3 million difference!
For more stats about millionaires, along the lines that 1 of every 3 millionaires lives in the US, read the full article.